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IMPACT – MEDIUM
What is the change? The Department of Home Affairs is launching a Premium Visa Application Service in partnership with the Gauteng Growth and Development Agency and Gauteng Investment Centre for qualifying corporate companies and businesses.
What does the change mean? Companies and businesses that are selected, based on a qualifying points system, will be given “Corporate Account” status, which will then allow them to benefit from streamlined visa service.
Background: The one-stop premium service center will only serve select corporate applicants who have been approved for Corporate Account status. Applications for this status must be made in writing within 10 days of the Gazette notice. An advisory committee will select companies by awarding points based on the following criteria:
BAL Analysis: Companies that want to apply for Corporate Account status must address all of the selection criteria in their application, which should not exceed two pages and must be signed by the corporate applicant or human resources director. The Department of Home Affairs will make the final selection and will advise applicants of the outcome.
This alert has been provided by the BAL Global Practice group and our network provider located in South Africa. For additional information, please contact your BAL attorney.
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