Is South Africa a Great Place to Retire?

February 2, 2020 — For Europeans and residents of the British Commonwealth, the answer to that question might be yes, it is a great choice for an expatriate retirement.  The area around Cape Town at the southern end of the Continent is particularly appealing.  This article, based on our recent trip to the country, will explore what it might be like to retire in South Africa, list some possible retirement towns, and provide the pros and cons of retiring here. Our visit was brief and with the viewpoint of an affluent tourist, so our impressions are not comprehensive. We welcome those with more experience to chime in in the Comments section.

South Africa has long had the most prosperous economy in Africa. Much of that wealth came from gold, diamonds, and agriculture. Business is strong as well. Since apartheid was eliminated in 1994 the economy has softened, but still strong. Some people believe the Rand, the National currency, is undervalued by as much as 60%.

Nelson Mandela, who was imprisoned for 28 years and then became South Africa’s President, was the major force in overcoming the horrible oppression of apartheid (see this link for John Brady’s talk about Mandela’s inspiring legacy – my talk starts about 16 minutes into the service).