Retiring to South Africa
If you are thinking of retiring to South Africa, then you will need to think about your finances. Emigrating to South Africa will likely involve you buying a property in South Africa and transfering your pension to a local bank account in South Africa.
South Africa has 1 official currency. The south african rand which has the ISO of ZAR
Below are the live exchange rates for transferring money to South Africa as of 25/09/17 21:38
Pension Transfers to South Africa
Remember: When transferring regular payment abroad such as to South Africa you can save a great deal of money by using a foreign exchange broker.
Retirement Visas to South Africa
There will usually be special requirements for you and your partner to be eligible for a retirement visa in South Africa. A minimum age and adequate assets to be financially self-sufficient are common prerequisites to qualify. To find out if you qualify for a retirement visa please click here.