South African Retired Visa
This visa is perfect if you want to stay in South Africa long term or just come in on 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. The visa issued for a maximum of years and it can be renewed.
How does one qualify?
Inter-alia with the visa application, one must be able to provide proof that you receive a monthly income of R37,000.00.
This to be provided in the following forms (not limited to)
- Pension or retirement income
- Combined assets
- Interest earned
- Rental income
- Profit shares
One can assume that expats wishing to apply for this visa category would not require working, however, you may choose to apply for this visa along with work or business endorsement when complying with the necessary requirements.
Holders of a Retired person’s visas may also apply for Permanent Residency on the same basis should this be a desired status.