Authorization to invest abroad by a resident

Costs

Free

Documents required

  • Letter of request for investment abroad addressed to the Minister in charge of Finance, specifying the approved intermediary chosen to proceed with the payment, as well as the designation of the company or company abroad, the nature of the investment, the amount of the investment, the terms of financing, the timeframe for carrying out the investment, the reasons and consequences of the planned investment;
  • Proof that the investment will be financed at least seventy-five percent (75%) by borrowing abroad
  • Applicant’s valid identity document

Observations

The deadline depends on the instruction timeframe at the BCEAO level

Time limit

Two (02) months