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Once you have made the exciting choice to retire in the beautiful and vibrant country of South Africa, your next big decision will be contemplating which visa to apply for.
Retirees have two (2) visa options available to them for South Africa, namely the Financially Independent Visa and the Retired Person’s Visa. Both options allow you to remain in the country on either a temporary or permanent basis, depending on which visa application route you choose.
Benefits of the Retired Person’s Visa:
The more popular Retired Person’s Visa allows the following:
- The Temporary Visa allows you to remain in the country for up to four (4) years and is renewable thereafter. This is, of course, if your intention is not to remain in South Africa permanently.
- If it is your intention to stay in South Africa on a permanent basis, this visa route also allows you to apply for Permanent Residency immediately.
- Favourable exchange rates and a comparatively lower cost of living pave the way to financial prosperity, enabling retirees to enjoy the nation’s stunning landscapes and vibrant culture.
- Most notably, in contrast to the Financially Independent Visa, the Retired Person’s Visa does not necessitate a substantial upfront investment. However, you should be able to prove you have the fiscal means to support yourself during your stay. The income requirement is set at R37,000 per month and can be proven through a number of options.
Easily the most important part of any relocation process is the visa application. While documentation and key requirements are provided by most government websites, having an in-depth understanding of the nuances of each document is invaluable.
Find out today if you qualify for the retired person’s visa and start your journey to a luxurious and prosperous retirement today!
