Can foreigners buy property Namibia?

With the government enacting land ownership laws, a foreign investor must obtain the consent of the Minister of Lands and Resettlement prior to directly purchasing a land.

Can foreigners get mortgage in Namibia?

The Namibian Constitution guarantees all persons the right to acquire, own and dispose of all forms of property in Namibia. The General Rule remain that nothing prevents a “Foreigner” from acquiring immovable property in Namibia.

How much does a house in Namibia cost?

THE average national housing price in Namibia at the end of December 2019 stood at about N$1,1 million says Frans Uusiku, the market researcher at First National Bank Namibia.

Can foreigners live in Namibia?

If you are moving to Namibia to work or live there for a longer period of time or if you are not a citizen of one of the countries exempt from these visa regulations, then you will need to apply for a visa or work permit before your departure.

Who qualifies for permanent residence in Namibia?

Permanent residence can be applied for in Namibia after a person has had ten years of legal status in the country. There are several applications that fall under permanent residence.

Can you buy citizenship in Namibia?

Invest in Namibia and obtain your Namibian Residency and Investor Visa. Foreign applicants may invest in a business in Namibia which also allows the applicant and their families to live in Namibia. The Namibian Residency and Investor Visa can be yours by investing at least 2 million NAD (Namibian Dollars).

Can a foreigner buy a house in Namibia??

Except for agricultural land, there are no restrictions on nonresident foreigners and legal aliens owning property in Namibia. Most property ownerships are freehold.