"Retired" in the name doesn’t mean an age restriction
Despite the name, the key criterion is the nature of the income (a lifetime guarantee), not the applicant’s age.
What the process consists of
The key requirement isn’t the amount itself, but a lifetime guarantee that it keeps arriving.
How the process runs
A good fit if
A poor fit if
Who runs this programme
Your request goes to two or three firms from this list. You see exactly which ones before it is sent, and you can exclude any of them.
This is an independent list of firms in the market, not our partners — we do not forward requests to them or receive payment for referrals. Contact them directly via the link.
Frequent questions
Is it true there’s no minimum age for this visa?
Yes — per the available data, the visa isn’t tied to any minimum age despite being called "Retired Person"; anyone with confirmed qualifying income can apply.
Why doesn’t a standard savings account qualify?
Per the available data, a genuinely lifetime-guaranteed income (a pension, an irrevocable annuity) is required — standard products that can be depleted aren’t considered lifetime-guaranteed.
What currency must the income be in?
Per the available data, income can be in USD, GBP, EUR, or another major currency — the R37,000/month threshold is assessed in rand at the current rate, so exchange-rate fluctuations can affect whether you meet it.
How long is the visa valid and what does renewal cost?
Per the available data, the visa is valid for 4 years, renewable, with a renewal fee of roughly $120.
When is permanent residency available?
Per the available data, after 5 years of continuous residence in South Africa, with no integration test.
How long does application processing take?
Per the available data, 6–12 months, with total time to receiving the residence card at 16–40 weeks.
Sources
Figures are for reference only. Verified against official sources on 27 August 2026. A precise quote is issued by the appointed firm after document review. This material is not legal advice, a public offer or investment advice.