A Retired Person’s visa is a temporary permit that allows you to reside in South Africa for up to 4 years and can be renewed in country. The Retired Person’s visa is suitable for those seeking to stay in South Africa permanently or those who come in on a seasonal basis, provided that such persons comply with the financial requirements provided for in the Immigration Act, 2002 (Act No. 13 of 2002) and its Regulations.
A Retired Person’s visa is also a pathway to obtaining Permanent Residency in South Africa provided that the foreign national meets all the necessary requirements. Holders of a Retired Person’s visa automatically qualify for Permanent Residency in South Africa provided that the prescribed R37,000 per month which is an equivalent of 1735 pounds as the strong currency play to your advantage.
One can assume that expats wishing to apply for this visa category would not be required to work, however, you may choose to apply for this visa along with work endorsement where this is required and subject to complying with the necessary requirements. Work endorsement on a Retired Person’s visa is predominantly for ad-hoc duties and overseeing business operations.