Permanent residence in South Africa can be applied for in the following categories:
- Financial independence
- Five years of continuous employment in the Republic
- Critical Skills
- Spouse/child/parent/first step of kinship of a South African citizen or permanent resident
Permanent Residence conditions
The conditions for an application for permanent residence based on business and retirement are as outlined above for temporary residence.
However, in the case of retirement one must provide proof of a guaranteed monthly income of at least ZAR 37,000 for life.
In order to qualify for permanent residence based on financial independence one must provide proof of a total net worth in excess of ZAR 12 million. On approval of the application a fee of ZAR 120,000 must be paid to Home Affairs.
Holders of a South African work visa who have been continuously employed in the Republic for a minimum of 5 years are also eligible to apply for permanent residence.
Furthermore, South African permanent residence can be applied for when one is the spouse, child or parent of a citizen or permanent resident or within the first step of kinship. In the case of spouses this applies to applicants who can prove that they have been in a relationship with their South African partner or permanent residence holder for 5 years or longer.
For more information about visas in South Africa click here.
IBN Immigration Solutions offers a full range of immigration services including the facilitation of entry visas, all types of temporary and permanent residence permits, permits for the accompanying family as well as document procurement and translation.
Our consulting approach is to provide our clients with a single contact person throughout the entire assignment, thereby saving valuable time and effort for the client and allowing us to offer an optimal and personalized solution. We offer assistance in every step of the immigration process from the preparation of the required documentation and submission of the application to the communication with the relevant authorities until the issue of permit.
We have been in business for over 18 years and we have offices in Cape Town, Stellenbosch, Johannesburg and Windhoek, Namibia. We are a multilingual network and offer our services in various languages.