RETIRED PERSON VISA
Retiring in South Africa is an ideal choice for foreign expats seeking a warm climate, rich cultural diversity, affordable living costs, and access to world-famous tourist attractions.
What you need to know about the Retired Person Visa
Benefits of the Retired Person Visa in South Africa
- Work Authorisation Available: Retirees can apply for ad-hoc work permits if they wish to work occasionally.
- Valid for Four Years: The visa is issued for a four-year period and can be renewed.
- Multiple Entry Privileges: Visa holders can freely exit and re-enter South Africa during the visa validity.
- No Minimum Stay Requirement: There is no minimum number of days you must spend in South Africa to maintain your visa status.
- No Age Restrictions: Applicants of any age can qualify for the Retired Person Visa.
- Pathway to Permanent Residency: This visa can serve as a stepping stone towards applying for permanent residency in South Africa.
Qualification Requirements for the South African Retired Person Visa
To qualify for a Retired Person Visa in South Africa, applicants must demonstrate a minimum monthly income of R37,000. This income can be proven through one or a combination of the following sources:
- Pension or retirement income
- Annuity payments
- Combined assets
- Interest earned from investments
- Rental income
- Dividend payments
- Profit shares from business interests
FINANCIAL INDEPENDENCE
If you do not meet the monthly income requirement for the Retired Person Visa, consider applying for a Financial Independence Permit in South Africa. To qualify, you must prove:
- A net worth of at least R12 million
- A readily available deposit of R120,000
This permit offers a viable alternative for retirees seeking residency without the monthly income criteria.
WHY US?
Xpatweb boasts a team of experienced immigration specialists, master tax practitioners, commercial attorneys, chartered accountants, and mobility experts. Our unique advantage lies in integrating tax optimisation throughout the visa application process, ensuring all tax and residency implications are carefully considered.
Don’t meet the retirement visa requirements?
Our trusted partners at Africorp Advisory Solutions are ready to assist you with alternative options.
Frequently asked Questions (FAQ)
1. What is a Retired Person Visa in South Africa?
The Retired Person Visa allows foreign nationals who can support themselves financially to live in South Africa during their retirement years. It can be issued on a temporary or permanent basis depending on the applicant’s financial circumstances.
2. Who qualifies for a Retired Person Visa?
You qualify if you can prove a monthly income of at least ZAR 37,000 (± USD 2,000) through:
- Pensions
- Annuities
- Investments
- Rental income
- Other passive sources
You do not need to be officially retired or over a certain age.
3. How long is the visa valid for?
- Temporary Residence: Issued for up to 4 years at a time, renewable
- Permanent Residence: Can be applied for if your income is guaranteed for life
Applicants can choose to apply for both (or start with temporary and upgrade later).
4. Do I need medical insurance for this visa?
Yes. You must provide proof of comprehensive health insurance that will cover you for the duration of your stay in South Africa.
5. Can I work in South Africa on a Retired Person Visa?
Not by default. This visa is intended for those not seeking employment. However, you may apply for authorisation to conduct part-time or passive income-generating activities on a case-by-case basis.
6. Can I bring my spouse or partner with me?
Yes. You can include your spouse, life partner, or dependents in your application. Each person must submit their own documents, but they can be grouped under your visa as the primary applicant.
7. What documents are required for a Retired Person Visa?
Key documents include:
- Proof of monthly income (bank statements, pension slips, etc.)
- Valid passport
- Medical and radiological reports
- Police clearance (from all countries lived in for 12+ months)
- Proof of medical insurance
- Completed DHA application forms
- Marriage or birth certificates (if applying with dependents)
8. Can I buy property in South Africa on this visa?
Yes. Foreigners on a Retired Person Visa can legally buy property in South Africa, though you may face stricter rules for mortgages or financing. Many retirees choose this visa to live in a home they’ve purchased.
9. Does the Retired Person Visa lead to permanent residency?
Yes. If your income is guaranteed for life (e.g., through a pension or annuity), you may qualify for permanent residence under the Retired Persons Permit category. You can apply directly or after holding temporary residency.
10. How long does it take to process the visa?
- Temporary Residence: 8–12 weeks (varies by country and embassy)
- Permanent Residence: 12–24 months, depending on Department of Home Affairs processing backlogs
Planning ahead is crucial due to these lead times.