Located in southwest Africa, Namibia is characterized by its diverse fauna, predominated by cheetahs. One of the natural emblems of this region is the famous Namibian desert that stretches along the coast of the Atlantic Ocean.

Its capital is Windhoek, and the official currency is the Namibian dollar, however, the South African Rand is legal tender and can be used to purchase assets and pay services.

Among the main engines to boost the economy in the region are: mining, agriculture and tourism. A curious fact is that this country has the oldest desert region in the world, dating back more than 80 million years. In addition, it has one of the highest literacy rates in the continent, yielding the figure of 83%.

Foster Swiss, is an international company registered in Switzerland aimed at providing financial and compliance advice on a variety of issues related to business formation and commercial banking internationally.

Some of these services include:

o Advisory and consulting.
o Visas.
o Offices.
o Directors, shareholders, nominee secretaries.
o Accommodation (if needed).

Why invest in Namibia?

One of the great benefits of Namibia is that, despite not being a regional center, it has one of the most developed financial systems in Africa.

This country has the characteristic of being an excellent destination for those who wish to carry out fishing and other related activities. This is because the region has a large coastline of 1500km long, is one of the richest fishing grounds in the world. In addition, the fish stocks are the largest in all of South Africa with an estimated production of 1.3 million tons, consequently becoming the main African fishing country both in production and export.

Namibia is a member of the South African Customs Union (SACU). The countries that are part of this agreement have the option of offering local companies a trade free of transnational taxes. SACU countries have signed trade agreements with SADC, the Mercosur bloc, the European Union and the United States.

If you wish to set up in Namibia, you can contact foster swiss advisors. We can answer all your questions. Contact us through info@fosterswiss.com