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Financially Independent Permit (PR)

Financially Independent Permit (PR)

South Africa · Retirement

What it is

Direct route to Permanent Residence for high-net-worth individuals based purely on net worth, no business or family requirement.

Key facts

Category
Retirement
Duration
Permanent Residence.
Processing time
Up to 48 weeks
Path to permanent residence
Direct route
Dependants
Yes
How to apply
Vac

Standard figures for this route. Some applicants pay a reduced fee or none at all, so confirm your own case on the official page.

Fees

Application fee (Immigration Act §25)
ZAR 1,520

Key requirements

  • Net worth of at least ZAR 12 million
  • One-off payment of ZAR 120,000 to Department of Home Affairs
  • Audited financial statements
  • Police clearance and medical reports

Facts checked against the official source. Last updated 30 July 2026.