A retired or financially independent person may apply for temporary residence in this category provided they comply with the requirements set out below which are coupled to a lifelong right to a pension or an irrevocable retirement annuity or prescribed minimum income off investment or if the applicant has the prescribed financial.
Key Requirements
- Proof of a lifelong pension or irrevocable retirement annuity.
- Evidence of meeting the minimum prescribed income from investments.
- Compliance with financial net worth requirements as stipulated by the Department of Home Affairs.
This visa is designed for individuals who wish to reside in South Africa without engaging in work, providing they can support themselves financially. Julian Pokroy Immigration can assist in navigating the documentation required for this selection.