In Ghana, a foreign investor who invests in an established entity and meets the prescribed capital has a pathway to an automatic work and residence quota/permit. Thus, allowing such an investor to remain and lawfully undertake his establish enterprise in Ghana.
Section 24 (1) of the GIPC Act 2013 (Act 865) provides that an enterprise in which foreign participation is permitted under this Act shall, after its incorporation or registration and before the commencement of business operations, be registered with the Centre.
The above statutory stipulation makes it mandatory for all enterprises with foreign participation to register with the GIPC. Accordingly, using the word “shall” obliges/ mandates such enterprises with foreign participation to register with the GIPC.
Ghana Investment Promotion Centre Act
(1) Section 28(1) A person who is not a citizen may participate in an enterprise other than an enterprise specified in section 27 if that person:
(a) in the case of a joint enterprise with a partner who is a citizen, invests a foreign capital of not less than two hundred thousand United States Dollars in cash or capital goods relevant to the investment or a combination of both by way of equity participation and the partner who is a citizen does not have less than ten percent equity participation in the joint enterprise
(b) where the enterprise is wholly owned by that person, and invests a foreign capital of not less than five hundred thousand United States Dollars in cash or capital goods relevant to the investment or a combination of both by way of equity capital in the enterprise.
(2) A person who is not a citizen may engage in a trading enterprise if that person invests in the enterprise, not less than one million United States Dollars in cash or goods and services relevant to the investments.
(3) For the purpose of this section “trading” includes the purchasing and selling of imported goods and services.
(4) An enterprise referred to in subsection (2) shall employ at least twenty skilled Ghanaians.
(5) The minimum foreign capital requirement of this section shall not apply to the foreign spouse of a citizen of Ghana to the extent that:
(a) the foreign spouse is or has been married to a citizen of Ghana for a minimum period of five years continuously or holds an indefinite resident permit prior to registration of an enterprise;
(b) the marriage has been duly verified as having been validly conducted;
(c) the foreign spouse is ordinarily resident in Ghana.
(6) A citizen of Ghana who losses citizenship by reason of the assumption of the citizenship of another country shall not be required to comply with the minimum capital requirement of this section.
A residence permit authorizes a foreign national to live in Ghana for a specified period. A resident permit may be issued to a foreign national who intends to remain in Ghana for a substantial period. It may be issued usually generally between the duration of one to four years in the first instance, and no more than eight tears in total.
Employee: Where the application is for residence in order to work for an employer it should be accompanied by:
GIPC – Where an application is for a residence permit with a GIPC automatic approval
Indefinite Residence or Permanent Residence
Indefinite Residence or Permanent Residence may be granted to a foreign national to remain in Ghana for an indefinite period.
Four (4) Weeks (After receipt of the duly completed form)
Naturalization as Ghanaian Citizen
Six (6) Months (Upon receipt of duly completed forms)
Fees & Charges
Naturalization Form 5 – GH₵6,000
Attachments to Form 10
In the case of local applications,
For children born outside Ghana, the following are also required:
Replacement of dual citizenship cards
One (1) Month (After receipt of the duly completed form)
In cases where the application does not meet the requirement, the application is sent back to the applicant to meet all the requirements. If this happens, the process has to begin all over again.
Fees & Charges
The benefits of obtaining Ghana residency or citizenship are listed above in the “About Ghana Citizenship and Residency” section.
The requirements and qualifications required to obtain Ghana residency or citizenship are listed above in the “About Ghana Citizenship and Residency” section.
To apply for a certificate of residence by email:
Step 1: Gather the documents that you need
Step 2: Email the documents to the Embassy
In your email you should state:
Attention: If you wish to receive the certificate by post state this clearly in your email, giving your postal address.
Attach the required documents to your email as PDFs.
You may be asked to send extra documents if your application is not complete if anything is unclear or if they have questions.
Step 3: Pay the fee
Step 4: Received the certificate
Privacy World offers its services to anyone, not only looking to obtain residency and citizenship processes but our experts figure out legal ways to:
Privacy World can also help you with incorporating your company in Ghana, assisting in getting you settled in the country, and coordinating with you so that this experience will be less of a hassle.
Want Privacy World to handle your case? Have any questions? Contact us!
Yes. Dual citizenship is allowed in Ghana.
No. The program is open to all foreigners.
It is a permit acquired by a foreigner to reside in Ghana permanently.
To obtain permanent residency in the country, you must live in the country for more than 5 years.
The foreigner must have resided in Ghana for twelve months immediately preceding the date of the application, during the seven years immediately preceding twelve months, he has lived in Ghana for periods amounting in the aggregate to not less than five years.
Persons who are eligible for Indefinite Residence may apply for their spouses and dependents under the same category.
Resident individuals are taxed on their worldwide income, and, as such, foreign-sourced income is taxable.
Non-residents are liable to Ghanaian income tax on any income derived in Ghana from any trade, business, profession, or vocation, or which is derived from an employment exercised in Ghana.
Yes. Applicant must speak and understand an indigenous Ghanaian language.
Yes. You are allowed to work in the country.