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(1) A person who is not a citizen may participate in an enterprise other than an enterprise specified in section 27 if that person,

(a) in the case of a joint enterprise with a partner who is a citizen, invests a foreign capital of, not less than two hundred thousand United States Dollars in cash or capital goods relevant to the investment or a combination of both by way of equity participation and the partner who is a citizen does not have less than ten percent equity participation in the joint enterprise; or

(b) where the enterprise is wholly owned by that person, invests a foreign capital of not less than five hundred thousand United States Dollars in cash or capital goods relevant to the investment or a combination of both by way of equity capital in the enterprise.

(2) A person who is not a citizen may engage in a trading enterprise if that person invests in the enterprise, not less than one million United States Dollars in cash or goods and services relevant to the investments.

(3) For the purpose of this section “trading” includes the purchasing and selling of imported goods and services.

(4) An enterprise referred to in subsection (2) shall employ at least twenty skilled Ghanaians.

(5) The minimum foreign capital requirement of this section shall not apply to the foreign spouse of a citizen of Ghana to the extent that

(a) the foreign spouse is or has been married to a citizen of Ghana for a minimum period of five years continuously or holds an indefinite resident permit prior to registration of an enterprise;

(b) the marriage has been duly verified as having been validly conducted; and

(c) thee foreign spouse is ordinarily resident in Ghana.

(6) A citizen of Ghana who losses the citizenship by reason of the assumption of the citizenship of another country shall not be required to comply with the minimum capital requirement of this section.