This is a permit issued to retirees intending to live in South Africa only for limited or seasonal periods during the validity of the permit.
A person who wish to retire in South Africa may apply for a retired person’s visa, provided that he or she receives at least R37,000 per month from a pension fund or an irrevocable retirement annuity or has a net worth or a combination of assets realizing a minimum monthly income of R37,000.