Eligibility

MIGA insures new and existing investments.

MIGA insures cross-border investments made in a MIGA member country, provided that investors are not nationals of the country where the investment is being made.

An investment made by a non-profit organization or a state-owned corporation may be eligible if it is carried out on a commercial basis.
 

Types of foreign investments that can be covered may include

  • Equity
  • Shareholder loans
  • Shareholder loan guaranties
  • Non-shareholder loans.
  • Other forms of investment, such as technical assistance and management contracts, asset securitizations, capital market bond issues, leasing, services, and franchising and licensing agreements, may also be eligible for coverage

 

All loans and loan guaranties, including those issued by shareholders of the project, must have a minimum maturity of more than one year provided that MIGA determines the project represents a long-term commitment by the investors.
 

For an investment to be eligible for MIGA coverage under the SIP, the project enterprise must fulfill two of the following three criteria:

  • No more than 300 employees
  • Total assets not more than $15 million
  • Total annual sales not more than $15 million

 

For more information about Eligibility to MIGA Investment Guarantees, click here.