Foreign nationals can apply for a two-year, renewable work permit by establishing or acquiring a registered business in Namibia. There is no single published minimum investment threshold, as capital requirements vary significantly by business sector; the Namibia Investment Promotion and Development Board (NIPDB) evaluates applications on the project’s feasibility, potential for national economic impact, employment creation and sustainability. Credible business proposals typically demonstrate a viable growth strategy, and while some market sources cite general benchmarks starting around USD 100,000 or project-specific real-estate investments exceeding NAD 3.95 million (approx. USD 215,000–265,000), these figures are not statutory minimums. To qualify, investors must typically own at least 10% of the company, provide a comprehensive business plan, and ensure the business complies with national immigration and investment regulations. This permit is linked to the specific business, and after five years of actively operating a registered business in the country, investors may become eligible to apply for permanent residency.