The
new Immigration Act with its regulations came into effect
on Monday 7th April 2003.
While there has been a fair measure of concern raised in
the media and elsewhere regarding the implications of these
regulations on foreign applicants, there is no need for
undue concern.
Under the new regulations, specific criteria are
set out.
If the applicant meets them, the required permit
is as good as guaranteed. Various categories of permits
exist with differing specifications and if the applicant
does not meet the criteria for one then there is the likelihood
of a different permit being more suitable and attainable.
The most relevant permits are as follows:
Temporary
Residence
Visitors Permit
Initially granted for a three month period; can
however be extended for a period not longer than three years
during which time the applicant must demonstrate his ability
to sustain himself in the country; applications to so extend
the permit must be made in the second month of the visitor’s
stay in the country.
That is, application must be made at least 30 days prior
to expiry of the visitor’s permit; this ability to
extend should serve the so-called “swallows”
very well i.e., those clients wanting to stay in the country
only for a few months of each year.
Retired Person Permit
In the past, retired persons were only able to
apply for permanent residence permits but will now be able
to apply for a retired person permit valid for 4 years;
after this four year period, the applicant will qualify
for citizenship in South Africa; under some circumstances,
retired persons will also be able to work in South Africa
under a retired persons permit; further, the requirement
of a minimum stay of 183 days within South Africa will no
longer apply, thus the holder can reside here permanently
or seasonally for the duration of the permit; applicants
qualify for this permit either by proving a pension worth
R20 000.00 paid monthly to the applicant, alternatively
proof of R12million net worth providing a monthly income
of no less than R15 000.00.
Permanent
Residence
Financially independent applicants proving a net worth
of R12million with a monthly income of R15 000 qualify;
As above, holders of retired persons permits can apply for
permanent residency alternatively, applicants qualify for
permanent residence by various other means, inter alia,
work permits, business permits requiring an investment of
at least R2.5million, or corporate permits; In certain circumstances
clients can apply for exemptions from the criteria.
Another noteworthy change brought about under the new legislation
is that only visitors from the UK, Australia and Ireland
are exempt from obtaining visas prior to their arrival in
South Africa. Visitors from all other parts of the world
(unless in some cases an appropriate permit has been obtained)
will therefore need to obtain these whereas they might not
have needed to do in the past.
The contents of this brochure are presented for information
purposes only and they are not to be depended on in any
particular transaction. Professional legal and accounting
advice should be sought on individual transactions. The
contents contained herein are subject to change.
For more information, visit the government website on www.fic.gov.za
Information courtesy of Attorney's, Buchanan Boyes and
Immigration Lawyer, Gary
Eisenberg.
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