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South Africa Retirement

South African Retired Person's permit is used for settling in South Africa on a permanent or temporary basis, only when all financial criteria are fulfilled or satisfied. If you are considering migrating to South Africa on this visa, you can try our free assessment option, which helps you to check your eligibility.  

This South Africa visa type is for those individuals who are thinking to retire in the country. This visa is offered based on the evidence that the applicant has lifelong income or pension. An important point to remember is that successful applicant needs to apply for permanent residence.  The temporary visa can be extended as long as the visa requirements are met.

Visa Benefits

  • The temporary retirement visa is granted for the duration of four years which can be renewed indefinitely for a period of four-year
  • The permanent retirement visa gives all types of benefits, except the right to vote that are enjoyed exclusively by South African citizens
  • No prior job offers are required for this visa. However, they are permitted to work, if they desire to
  • No age limit is imposed on this class of visa

Visa Eligibility

Applicants need to prove the following.

  • A retirement or a pension account that provides R20000 per month
  • Assets that have a net worth value of R20000 per month, when all of them are combined

Working

  • There are no particular stipulations towards an applicant’s ability to work
  • They need to have an independent source of income that is sufficient for their living in South Africa
  • If the candidate wants to work, then he/she is not stopped

Dependents

Dependent immigration and Spouse immigration are not permitted through the visas of temporary South African Retired Person.

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Disclaimer - MoreVisas immigration service Pvt.Ltd. does not offer consulting on student visas/ Overseas jobs/work permits/international or domestic placements.
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