IBN - Immigration: Permanent Residence

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Work at German Call Center?

We are looking urgently for German speaking Call Center Agents for the wider area of Cape Town! The necessary Work Permit can be organised at the same time.

IBN Offshore

Seychelles (IBC)

The Seychelles recently made a number of amendments to its International Business Companies (IBC) legislation, which will be enforced from 1 January 2013. The key amendments to the Act that clients should be aware of require an IBC to:

- Keep its share register and register of directors (or a copy) in the Seychelles

- Notify its Seychelles Registered Agent of the physical address (may be outside of the jurisdiction) where its minutes and resolutions are kept

- Notify its Seychelles Registered Agent of the physical address (which may be outside of the jurisdiction) where its financial records are kept

Contraventions of the amendments are subject to a daily penalty of USD25. A director of an IBC who knowingly permits a contravention is also subject to the same daily penalty. For any questions, please do not hesitate to contact IBN Offshore at dubai@ibn.co.za!

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News Highlight
23rd Apr 2012

BRICS Development Bank gets Green Light

In a first step to set up a development bank as counterweight to the US/EU-led World Bank and the IMF, the Finance Ministers of the BRICS member countries have met up this weekend on sidelines of the annual Spring Meeting of the World Bank and the IMF to discuss this important step.

In their consultations South Africa and other members of BRICS grouping have agreed on Sunday 22 April 2012 to establish a task force to come up with recommendations to set up a developmental bank, a move ...[MORE]

>> IBN News-Archive

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Date & Weather

Date: 17.05.2012
Time: 23:31

Capetown:

Temp.: 17 °C / 63 °F

Wind: NNW / 14 kn

Sunrise: 07:05
Sunset: 18:19

Johannesburg:

Temp.: 14 °C / 57 °F

Wind: NWW / 5 kn

Sunrise: 06:14
Sunset: 17:52

IBN - Immigration: Permanent Residence

Permanent Residence

Opposed to the temporary permits the Permanent Residence Permit is issued without expiry date, but can be revoked if residency is not permanently ongoing.

The permanent residence permit has to be based on one of the following:

Immediate relative with Citizenship or Permanent Residence
Prerequisitions met for Retirement Permit
Prerequisitions met for Business Permit
Prerequisitions met for unlimited Work Permit
Marriage or Life Partnership for more than 5 years

The processing time of the Department of Home Affairs can currently take up to two years and the applicant needs to be in the possession of a valid temporary permit when handing in his application in South Africa.