There are certain financial guarantees and contributions which applicants must comply with when applying for a South African visa. Below you will find these financial guarantee amounts in South African Rands (ZAR) per visa type -
Business visa (own business) - R5 million to be invested into a new or existing business
Retired visa - R37 000 per month payable from a pension, irrevocable annuity / retirement account or assets leased
Corporate applicant (company) for corporate employee - R30 000 per corporate employee
Proof of sufficient financial means for South Africa - A minimum of R3 000 in cash or bank account
Minimum net worth for Permanent Residence (PR) - R12 million of which R120 000 shall be paid to the Director-General upon approval of the PR application
Financial assurance for a Relative's visa by SA citizen or PR holder - R8 500
Should you require any further information regarding these financial guarantees, do not hesitate to contact us via our Contact Form on www.movingsouthimmigration.com. Alternatively, we may be contacted on +2773 5357 534 or sue@movingsouthimmigration.com