Tourist and investment visas eased in Mozambique

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Tourist and investment visas eased in Mozambique

3:35 CAT | 20 Oct 2022

Image: A Verdade

The Mozambican government is relaxing the terms for tourist visas granted at the country’s borders, and has reduced the costs of an investment visa, which has also had its duration revised.

Under the Economic Acceleration Measures Package (PAE) announced in August by President Filipe Nyusi, visas issued at the Mozambique’s borders will “be granted to foreign citizens coming from a country where there is an Embassy or Consular Representation of the Republic of Mozambique” for tourism purposes.

In addition, through Decree No. 46/2022 of 16 September, the executive has reduced from US$50 million to only US$500,000 the minimum amount required to apply for a visa for investment activity.

The period of validity of the visa for investment activity was also extended. It “allows its holder multiple entries and stays of up to two years for investment projects with a value equal to or greater than US$500,000 and five years for investment projects of a value equal to or greater than US$50 million or equivalent, extendable for an equal period, as long as the reasons for granting it persist”, the new wording states.

Source: A Verdade