Is it true that one has to pay the SA Government R75 000 for Permanent Residence?
Yes. This would only be in the case of Permanent Residence in terms of Section 27(f) described as a “minimum net worth” where the applicant should prove a minimum net worth of R7.5 million and having tendered R75 000 to the Department of Home Affairs. This is the category equal to the “financially independent” of the previous immigration legislation. However, a person is welcome to opt for the alternative category, I e “retired” with a lesser requirement and with no age restriction.
