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Immigration Act, 2002 (Act No. 13 of 2002)

Temporary Residence

20. Retired person visa

 

(1) A retired person visa may be issued for a period exceeding three months to a foreigner who intends to retire in the Republic, provided that the foreigner provides proof that such foreigner has—
(a) the right to a pension or an irrevocable annuity or retirement account which will give such foreigner a prescribed minimum payment for the rest of his or her life from the country of his or her origin; or
(b) a minimum prescribed net worth.

 

(1A) The spouse and dependent children accompanying the holder of a retired person visa may be issued with an appropriate visa issued in terms of this Act.

 

(2) The Department may authorise the holder of a retired person visa to conduct work under terms and terms and conditions as the Department may deem fit to determine under the circumstances.

 

(3) A retired person visa may—
(a) allow its holder to sojourn in the Republic on a seasonal or continuous basis; and
(b) not exceed a four-year period, at the expiry of which it may be renewed one or more times, subject to subsection (1).