Retirement in Kenya by Foreigners: Obtaining a Class K Permit in Kenya

INTRODUCTION
Kenya has become one of the most desirable retirement destination for foreigners. A Class K Permit is the ideal document that foreigners are required to obtain to enable them to retire in Kenya as ordinary residents. It is however important to note that with the Class K Permit, one is not required to engage in any business, employment or income generating activities. Below is a breakdown of the requirements for obtaining a Class K Permit in Kenya.
Qualifications for obtaining a Class K Permit
To qualify to obtain a Class K permit in Kenya, one has to:
- Annual Assured Income: One has to have an annual assured income of at least USD.24,000/= derived from sources outside of Kenya, for instance pensions, investments or other income from legitimate sources;
- Age requirement: It is required that the applicant should be at least 35 years old;
- Character:It is required that the applicant has to be of good character and a police clearance certificate from their country of origin should be obtained;
- An applicant should also demonstrate that they shall not engage in any form of business, income generating activities or employment to qualify;
- The applicants presence in Kenya should also be beneficial to Kenya.
Requirements
- Form 25 – duly completed, signed and stamped, which we shall fill on your behalf;
- two (2) passport size photographs of the applicant;
- a copy of the applicant’s passport;
- a letter from the applicant in support of this application, we shall draft this for your execution;
- Current immigration status i.e. visitor’s pass etc;
- Copy of any previous passes held;
- Documentary proof of annual assured income of at least (USD.24,000)
- Proof of offshore transaction receipt/slip;
- Bank statement verification form;
- Tax compliance slip.
Step by step process of obtaining the Class K Permit
- Lodging the application documents including the duly completed Form 25 to the eFNS portal and paying the processing fees;
- Lodging the hard copies of the documents at the Nyayo house;
- Awaiting processing of the application;
- Approval of the application;
- Once approved, the application approval fees are paid and other required documents are uploaded;
- The permit is then issued.
Government costs involved in obtaining a Class K permit in Kenya
- Processing fee of Kshs.20,000/=;
- Permit issuance fee of Kshs.250,000/= per year;
- Security Bond from an insurance company of Kshs.100,000/=.
Once the permit is obtained, we also assist the Client to obtain an Alien ID and KRA PIN Certificate.
We at Kendi and Company Advocates can assist you in obtaining a CLASS K permit in every step of the application process. Contact us to schedule an appointment on info@kendikadvocates.co.ke or +254768028504 and start your journey of retirement in Kenya.