Section 5: Retired non-citizen (a) Transfer of a sum of at least
consolidated text (as at 2017). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.
5. Retired non-citizen (a) Transfer of a sum of at least
USD 120,000 or its equivalent in freely
convertible foreign currency at the time
of issue of residence permit; or
(b) Transfer of a sum by instalments, the
aggregate of which shall be at least
USD 120,000 or its equivalent in
freely convertible foreign currency,
during a period of 3 years, at the time
of issue of residence permit when the
transfer in the aggregate amounts to
USD 40,000 or its equivalent in freely
convertible foreign currency; and
(c) Thereafter, in relation to paragraph (a)
or (b), an annual transfer of at least
USD 40,000 or its equivalent in freely
convertible foreign currency
PART II – ENACTMENTS