By HAN News Desk
MAPUTO — Mozambique has announced a new set of investment-focused immigration rules that will grant long-term residency to foreign nationals who bring substantial capital into the country.
According to government officials, individuals who invest 5 million US dollars or more will be eligible for a 10-year residency visa, giving them the right to live and operate businesses in the southern African nation.
Those who invest 500,000 dollars or above will qualify for a five-year residency permit under the same scheme, aimed at attracting medium-level investors and encouraging private sector growth.
The initiative, unveiled this week, is part of Mozambique’s broader strategy to stimulate economic development, create jobs, and expand foreign direct investment in key sectors including energy, tourism, agriculture, and infrastructure.
Officials say the new residency programme is designed to position Mozambique as a competitive destination for global investors, especially at a time when the country is seeking to rebuild its economy following years of instability and ongoing security challenges in some regions.
Economic analysts note that several African nations have recently introduced similar investor-visa schemes as a way to diversify revenue sources and accelerate development.
The Mozambican government is expected to release further details on the application procedures, eligible investment categories, and compliance requirements in the coming months.
