How Much Is Permanent Residence In south Africa

What is Permanent Residence?

Permanent residency is a person’s legal resident status in a country or territory of which such person is not a citizen but where they have the right to reside on a permanent basis. This is usually for a permanent period; a person with such legal status is known as a permanent resident.

How much does it cost to get permanent residence in South Africa?

‘Financially independent’ status – Permanent residence

Currently an applicant who can prove that he or she has a “minimum net worth of R7,5 million” and can pay an application fee of R75 000 he or she can effectively qualify for permanent residency in South Africa.

Can you buy permanent residency in South Africa?

You can also apply for permanent residency if you: are in possession of a permanent work offer in South Africa. have exceptional skills and qualifications. intend to establish a business in South Africa.

How do I become a permanent resident of South Africa?

Apply for permanent residency permit

  1. are in possession of a permanent work offer in South Africa.
  2. have exceptional skills and qualifications.
  3. intend to establish a business in South Africa.
  4. qualify as refugees in terms of Section 27(c) of the Refugees Act.
  5. qualify as retired persons.
  6. are financially independent or.

How long does it take to get a permanent residence permit in South Africa?

Depending on the type of submission, a Permanent Residence application takes on average 4 – 8 months to process from the date of submission. If your Permanent Resident Permit application has been delayed for a long period, you can request that it be finalised, and a conclusion granted.