Financially independent Permit


Applications for permanent residency in South Africa are considered in terms of Section 26 (Direct Residency Permits) and Section 27 (Residency-on-Other-Grounds Permits) of the Immigration Act 2002 (Act No 13 of 2002), and read with Regulation 33 of the Immigration Regulations.

FINANCIALLY INDEPENDENT PERMIT

In order to qualify, the applicant must be able to prove a net worth of R12 million and be willing to pay the Department of Home Affairs a R120,000 application fee.

Frequently asked questions:

In the case of foreign countries that do not issue unabridged birth certificates, a letter to this effect issued by the competent authority of the foreign country should be produced.

All documents should be originals or certified copies thereof.

Police Clearances:

Police clearances are required for all long stay visa types (ie any stay in South Africa longer than 3 months).

Contact us for advice on which police clearances you will need to secure and how to go about getting the certificate.

Contact us

Drop us a line or give us a ring. We love to hear from you and are happy to answer any questions.
64 Waterfall Avenue Craighall
info@smithcolaw.co.za
+27 76 886 1181