In Kenya, the investor permit is issued to foreign investors who wish to invest and establish a business in the country. The certificate is issued by the Kenya Investment Authority (KenInvest), which is the government agency responsible for promoting and facilitating investment in Kenya. The minimum investment to be issued with an Investor’s Permit is USD 100,000.
To apply for an investor permit in Kenya, you will need to follow these steps:
- Register your company with the Registrar of Companies in Kenya.
- Obtain a business permit from the local county government where your business will be located.
- Submit an application for an investor permit to KenInvest, along with the required documents, which include:
- A copy of your company registration certificate
- A business plan for your proposed investment
- Proof of your financial capacity to invest in Kenya
- A certificate of good conduct from your home country
- Your curriculum vitae
- Pay the required fees for the investor permit application and processing.
- Wait for KenInvest to review your application and issue a decision.
The investor permit in Kenya is valid for a period of two years and can be renewed upon expiration. Once you obtain the investor permit, you will also be eligible to apply for a work permit, which will allow you to work and live in Kenya while running your business.
It is recommended to seek the advice of a lawyer or consultant who is familiar with the investment regulations in Kenya to guide you through the process.
If you would like to apply for an Investor Permit, please write to us on silvana@swkadvocates.com.
