Ethiopia is set to launch a 10-year Golden Visa program aimed at attracting wealthy foreign investors.The initiative, announced by the Immigration and Citizenship Service (ICS), allows foreign nationals to qualify for residency by investing a minimum of $10 million in the Ethiopian economy.Those investing $5 million with significant local job creation may also qualify.The visa grants holders and their families a decade of residency, a shift from current temporary visas.The program, modeled after UAE schemes, requires a processing fee of KSh 1.2 million, with faster options available.Legal frameworks are already approved, and technical work is ongoing for a 2026/2027 rollout.Details like job creation thresholds and security conditions are still being finalized.This move is expected to boost Ethiopia's economy by attracting long-term investment and skilled talent.