Visa Overview
A retirement visa is issued to foreigners who have sufficient financial means available to them for their retirement in South Africa and does not have an age restriction. The visa is issued for a period of 4 years and is renewable.
The following requirements apply:
- A monthly income from abroad of at least R 37,000 from a pension, an irrevocable annuity or retirement account;
- Or combined assets (no minimum value) realising a monthly income of R 37,000.
Frequently Asked Question
Learn how the retired person visa allows you to enjoy life in South Africa with financial security and long-term residency options.
A visa that allows financially independent foreigners to live in South Africa without working.
No, there is no minimum age requirement—qualification is based on financial means.
You must show a minimum monthly income of R37,000 or equivalent assets generating this income.
The visa is typically issued for up to four years and can be renewed.
No, the visa is intended for retirement purposes only, not employment.
Yes, you may qualify for permanent residence if you meet the long-term financial requirements.
Yes, your spouse or partner can apply to accompany you.
You will need proof of income, financial assets, medical cover, and valid identification documents.
Yes, renewals are possible if you continue to meet the financial criteria.
Yes, valid medical cover for South Africa is required.