Ethiopia has launched a 10 – year residency permit Golden Visa program to attract foreign investors, offering long - term residency to boost foreign direct investment (FDI) and promote economic growth.
Announced on 29 March 2026, the Immigration and Citizenship Service (ICS) introduced this initiative as part of broader efforts to modernize immigration and attract capital into key sectors like agriculture, energy, manufacturing, technology and also tourism where the Golden Visa encourages investment in eco - luxury resorts, wildlife tourism, and cultural preservation, which will help the country establish itself as a leading destination for responsible tourism.
The standardised elecrtronic permit is designed to provide long - term stability for high - impact investors, allowing them to reside and operate in the African country with reduced bureaucratic hurdles.
A separate five - year property visa will also be introduced for individuals and families acquiring immovable property in Ethiopia, coinciding with the country’s opening of its real estate sector to foreign nationals.
Key Details of the Ethiopia Golden Visa:
• Duration: 10 years of residency.
• Cost: Approximately $10.000, making it one of the most effective investor residency program globally.
• Eligibility: Target foreign investors who make significant economic contributions.
• Sector Focus: Priority is given to investments in manufacturing, agriculture, energy, technology and tourism.
• Benefits: Allows holders to reside in Ethiopia for a decade and engage in business.
• Real Estate Option: A five - year real estate visa is also being introduced, according to some reports.
• Citizenship: The visa does not automatically grant citizenship, which remains a separate legal process.
• Renewal: Renewal options are available after the 10 – year period.
This move is considered a significant effort by Ethiopia to strengthen its competitiveness in attracting high - quality, long - term capital within Africa.
The initiative form part of the government broaqder economic reform agenda. Immigration and Citizenship Service Deputy Director - General Gosda Demissie stated that the Golden Visa will streamline entry and exit procedures, cut processing times, and eliminate repetitive administrative steps, including faster presenting at Addis Abeba’s Bole International Airport.
Alongside the new visa scheme, the Immigration and Citizenship Service has rolled out a range of modernised services, including digital payment systems, enhanced visa - on arrival options, and improved passport distribution to clear existing backlogs.
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