- Allow to apply for permanent residency directly
- Prove a net worth of at least ZAR12,000,000
- Exit and re-enter South Africa freely
You must show 12 Million Rands in assets or in cash and you will need to pay the South African government R120.000.00 on receipt of the permit. This is an outstanding option for applicants who cannot prove the financial requirements for a retirement visa.
The financially independent option is not often shared with foreign immigrants, as it carries a substantial acceptance fee – upon approval of the visa, you have to pay ZAR120 000 to the South African Department of Home Affairs.