Immigration Act, 2002 (Act No. 13 of 2002)Temporary Residence20. 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). |