South Africa Expat Forum

Retirement Income Requirement

7/14/2013 22:54 EST

Hi,i have been to Cape Town a few times several years back and really liked it there.What is the present income requirement to retire there from the USA in dollars please?

IntergateImmigration

7/15/2013 02:04 EST

Hi,

ZAR 20,000 per month, per applicant income or sufficient capital to equate to this, or a combination of both.

If you need more info, please feel free to contact me via Direct Message or Email.

Best regards

Claus
Intergate Immigration Service

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lotsaluv

7/15/2013 02:23 EST

Hi, depends on how comfortable you would like to retire. A decent and comfortable home to purchase could set you back from $100k t0 $200k, a standard 1.6 litre motor vehicle from $15 to $25k( a decent 4X4 SUV around $40k), and comfortable monthly living expenses for a couple, about $2-4K a month, with k=1000.

DaveSAfrica

7/15/2013 03:28 EST

Hi,
I retired in Cape Town with my wife almost 9 years ago, moving from USA. It has fantastic. I would suggest contacting an immigration consultant as the regulations (and the interpretations) change from time to time. I can recommend someone if you wish. (There are some unreliable people in this business, I'm afraid.) - Dave

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