How to apply for a retired persons permit
If you are a foreigner who wants to retire in South Africa, you may apply for a permanent residence permit under the category of retired persons.
To apply for the retired person’s permit, you must provide evidence that you are financially secure, in the form of a lifelong pension or income of not less than R20 000 per month.
A permanent residence permit allows you to apply for South African citizenship after two years of acquiring the permanent residence permit.
As a permanent residence holder, you have all the rights as a South African Citizen accept except for the old age grant and voting.