Breakaway Destination Guides (International)
Breakaway’s Travel World
A Guide to Golden Lands and Faraway Places
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 It a good idea to check out the wine of the area
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Retire in South Africa
Living & Investing In South Africa
Each year thousands of Europeans make the decision to emigrate and spend their retirement years in South Africa. South Africa offers a diverse number of reasons
as to why it has become first choice of so many people looking to relocate. Cape Town is renowned for its laid back attitude and for your retirement years there is
certainly no shortage of things to do. Cape Town is rated as one of the most beautiful cities in the world and retirement in Cape Town means you have the time to enjoy
a host of wonderful of activities, sights and sounds.
 Table Mountain, Cape Town
There is no specified amount of capital a retired person must bring to South Africa when immigrating. The criteria for retired permits is based on available income
and capital – this can be from anywhere in the world and there is no obligation for these funds to be brought into South Africa.
South Africa has favorable tax laws for retirement pension schemes that are based abroad. Overseas pensions are not liable for South Africa tax, and certain pensions
are no longer taxable in your home country. A private pension for a UK citizen living in South Africa, no tax would be paid on that pension in either the UK or South Africa.
South Africa operates a superb private hospital network equipped with the latest technology and top rated staff. It is imperative that private medical insurance is
taken out but the service and its delivery is excellent. For those to retire to a retirement village/complex, the health care benefits are clear to see with on call doctors,
on site medical facilities and frail care centre’s.
Applicants must be able to provide evidence of either:
A pension, retirement account or irrevocable annuity which has a value of at least R20,000 per month. This requirement applies to each person making an application; or
A combination of assets which equates to a minimum of R20,000 per month for each person applying; or
Net asset value totaling not less than R7.5 million and proof of payment of R75,000 as a non-refundable sum to the Director General of Home Affairs.
 City of Durban Harbor, Natal
"Without Animals ther is no Paradise"
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African Guides
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