What are retirement villages?
Retirement villages are communities designed exclusively for people over the age of 55 or those who have retired from full-time employment, and their spouses. As a contractual condition of their entry to the village, at least one of the residents (senior or spouse) must have paid an ingoing contribution, either as a lump sum or in instalments. These villages offer residents accommodation where they can live independently. Many also offer additional features where residents can interact socially, such as pools, libraries and common rooms. Health and medical services are generally not provided.
