Indefinite Residence - Approved Project with USD 1 Million Transfer

has transferred US$1,000,000 or more into Zimbabwe for purposes of an investment project approved by the Zimbabwe Investment Centre established by section 3 of the Zimbabwe Investment Centre Act [Chapter 24:16]

has transferred US$1,000,000 or more into Zimbabwe

(1) A residence permit may be issued for an indefinite period or for such definite period as may be specified in the permit:

Provided that a residence permit may not be issued for an indefinite period unless the person to whom it has been issued—

Section Permit or application US$ Z$

17(3) Residence permit issued for an indefinite period (investor) 1,000 —

(1) A residence permit shall cease to be valid if the holder of the permit—

(b) being a person who has acquired a domicile in Zimbabwe, is thereafter deemed to have lost that domicile in terms of subsection (4) of section 3 of the Act; or

(c) being a person who has not acquired a domicile in Zimbabwe— (i) voluntarily departs from and resides outside Zimbabwe with the intention of making his home outside Zimbabwe; or (ii) voluntarily departs from or is absent from Zimbabwe for a period of six months or such longer period as the Chief Immigration Officer may, on application in writing, fix in his case;

(a) is the spouse or a minor child of a resident; or

(b) is the mother, father, grandparent or other dependent of a resident, where the resident is able to

maintain such person and undertakes to do so; or

“resident” means any person who is lawfully within Zimbabwe otherwise than for the purpose of—

(a) journeying through Zimbabwe in direct transit from one country to another; or

(b) making a temporary visit;

(2) If a residence permit ceases in terms of subsection (1) to be valid, the holder of the permit and all

persons authorised to enter Zimbabwe with him in terms of the permit shall, unless authorised in terms of

the Act or these regulations to remain therein, leave Zimbabwe.

(1) A residence permit may be issued for an indefinite period or for such definite period as may be specified in the permit:

Provided that a residence permit may not be issued for an indefinite period unless the person to whom it has been issued—

Section Permit or application US$ Z$

17(3) Residence permit issued for an indefinite period (investor) 1,000 —

(1) A residence permit shall cease to be valid if the holder of the permit—

(b) being a person who has acquired a domicile in Zimbabwe, is thereafter deemed to have lost that domicile in terms of subsection (4) of section 3 of the Act; or

(c) being a person who has not acquired a domicile in Zimbabwe— (i) voluntarily departs from and resides outside Zimbabwe with the intention of making his home outside Zimbabwe; or (ii) voluntarily departs from or is absent from Zimbabwe for a period of six months or such longer period as the Chief Immigration Officer may, on application in writing, fix in his case;