south african consulate
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Retirement Permits
(Financially Independent Persons)

This category applies to a foreign national applicant who intends to retire in South Africa.
The requirements, in order to qualify in the retired persons category, are that an applicant must be able to demonstrate a right to the following:

  • A lifelong pension;
    or
  • The right to an irrevocable lifetime retirement annuity;
    or
  • An income from a combination of assets
delivering to the applicant an income of not less than ZAR 20,000 (Twenty Thousand Rand) per month.

NB: The above criteria apply to Temporary and Permanent Residence applications.

A further option exists whereby  applicants will further also qualify for permanent residence in this category only if the are able to prove the following:

  • A net asset value of ZAR 7,5 Million;
    and
  • Provide proof of payment of a non-refundable amount of ZAR 75,000 (Seventy Five Thousand Rand) to the Director General of Home Affairs.

 


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Attorneys appointed by Accurate Immigration are Regulated by the Law Society of South Africa.
Accurate Immigration's SA Immigration Lawyers are specialist practitioners in
Immigration Law for South Africa.


The information on this page is intended to be general in nature and should not be construed as applying to the reader's individual set of circumstances. It does not constitute legal advice. Eligibility requirements and the application of laws vary on a case-by-case basis. Furthermore, Immigration laws, regulations and policies are always subject to change at any time without advance notice.
2001 - 2007