South Africa

Financial Independent Permit

South Africa grants immediate permanent residency (without expiry) to individuals who can demonstrate a personal net worth exceeding ZAR 12 million (about US640,000 in June 2023) and who pay a ZAR 12,000 processing fee. 

Processing typically takes around 8 months. The applicant needs only minimal physical presence in South Africa to retain the PR, but will need to reside full-time in the country if desiring to naturalize after eight years.


Program at a glance

Program TypeIndependent Means Visa
Time to citizenship8 years
Time to permanent residencyImmediately upon approval
Minimum investmentNo investment required, but a ZAR 12,000 processing fee applies.
Physical presence requirementVisit South Africa once every 3 years
Application processing time8 months
Citizenship grants visa-free travel to105 destinations
Contribution types availableNo contribution required

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