A EXIT Buyer’s Permit is required by anyone venturing into the business of buying gold and other precious metals in the EXIT region (Cameroon, Chad, the Central African Republic, Equatorial Guinea, Gabon, and the Republic of Congo). The EXIT Buyer’s Permit is a license which ensures that every transaction is done, certified and verified by the government through the Ministry of Mines.
Buyers currently residing in Cameroon can apply for a EXIT Buyer’s Permit in person at the Ministry of Mines, Industries and Technological Development at the Ministerial Building, Yaounde.
If you are not currently in Cameroon, obtaining the EXIT Buyer’s Permit won’t be a problem at all since you can do it directly online.
The EXIT Buyer’s Permit is valid for a period of five (5) years
The primary purpose of the EXIT Buyer’s Permit issued by the Ministry of Mines is to authenticate the buyer and give him/her the legal right to purchase gold and other minerals in Cameroon. No authorized seller is permitted to sell to anyone who does not hold a valid EXIT Buyer’s Permit.
Exit Permits cost
- one year permit – 2500$ USD
- Five Years Permit – 5500 $ USD
Note: Before buying from any seller in Cameroon, please request for their seller’s license and check for its validity on the License Verification Page. If you notice that someone claiming to be a seller gave you an invalid license number, please contact us for advise on how to proceed with your engagement because such a seller may not be authentic.
Additionally after Buying the permit you are expected to pay the spot Shipment fee as blow .
After the presentation of the Exit Permit & Authorization of Spot Shipment document, the courier will now begin with the delivery of Gold to the Buyer’s Refinery anywhere in the World.
Cost of the Authorization of Spot Shipment Document
The cost depends on the quantity of gold or diamond.
1-30 Kilos= $4000
31-50 Kilos= $7000
500-1000 Kilos= $18,000
For Rough Uncut Diamonds:
10-50 Carats= $3000
51-200 Carats= $6000
201-500 Carat= $8000
501-5000 Carats= $10,000
5001-25000 Carats= $15,000
So kindly note that this is the official procedure and requirement for every one wishing to buy gold from Cameroon legally . We advise you respect all this procedures so that we can all grow .
*****Please you need only the SPOT shipment certificate and The Exit Permit document all the cost explained above *****