Your Lifestyle Investment

Live a carefree and fun-filled retirement where all your needs are met. Invest in your future lifestyle at
Oasis Life.

Lifestyle Security with Life Rights

The Life Right model of retirement is gaining popularity globally. A Life Right provides you with all the benefits of being a homeowner without risk or worry.

Buying a Life Right is different from buying a property. Instead of owning the residence, as an appreciating asset, you gain the lifetime legal rights to live in your home whilst we retain ownership and responsibility for it. This means all the properties and resort facilities remain in our care, allowing us to manage the retirement village carefully to protect everyone’s interests. It allows retirees to live an independent and flexible lifestyle free from maintenance concerns and other uncertainties. 


Most importantly, if you ever relocate or end the Life Right Agreement, the original purchase price minus remarketing costs will be paid to you or your estate. It’s a win-win situation for seniors!

How does a life right work?

A Life Right has 4 role players:

1. The Owner​

Owns the property

The Owner grants the Housing Interest (Life Right) over its property to te Life Right Holder​

2. The Life Right Holder

Holder of the Housing Interest (Life Right) in respect of the property.

The Life Right Holder acquires the Housing Interest (Life Right) in exchange for an interest free loan in favour of The Owner

3. The Payer

Pays the loan amount to the Owner

The Life Right Holder or a third party who pays the loan amount to the Owner on behalf of the Life Right Holder

4. The Occupant

The Life Right Holder or his/her tenant. There can be two Life Right Holders such as a spouse or partner

The Housing Interest grants the Life Right Holder a real right to use and occupy the property for the duration of their lifetime

A Life Right can be
cancelled when:

The Life Right Holder decides to move out due to illness/deteriorating health.

OR

The Life Right Holder passes away or the last nominated occupant passes away (in the case of a spouse or partner)

The Owner markets and alienates the Housing Interest (Life Right) in respect of the property to a third party

If the loan amount paid by the new life right holder is for MORE than the loan amount paid by the existing Life Right Holder, the Owner refunds the loan amount, less specified deductions, to the existing Life Right Holder, Life Right Holder’s estate or the Payer.

How does a life right work?

A Life Right has 4 role players:

1. The Owner​

Owns the property

The Owner grants the Housing Interest (Life Right) over its property to te Life Right Holder​

2. The Life Right Holder​

Holder of the Housing Interest (Life Right) in respect of the property.​

The Life Right Holder acquires the Housing Interest (Life Right) in exchange for an interest free loan in favour of The Owner​

3. The Payer

Pays the loan amount to the Owner

The Life Right Holder or a third party who pays the loan amount to the Owner on behalf of the Life Right Holder

4. The Occupant​

The Life Right Holder or his/her tenant. There can be two Life Right Holders such as a spouse or partner​

The Housing Interest grants the Life Right Holder a real right to use and occupy the property for the duration of their lifetime​

A Life Right can be
cancelled when:

The Life Right Holder decides to move out due to illness/deteriorating health.

OR

The Life Right Holder passes away or the last nominated occupant passes away (in the case of a spouse or partner)

The Owner markets and alienates the Housing Interest (Life Right) in respect of the property to a third party

If the loan amount paid by the new life right holder is for MORE than the loan amount paid by the existing Life Right Holder, the Owner refunds the loan amount, less specified deductions, to the existing Life Right Holder, Life Right Holder’s estate or the Payer.

A lifetime of benefits

Life Rights provides stability and security. But that’s not all.
It has a wealth of other benefits too!

Financial Stability
A Life Right is an investment into the lifestyle you want to lead in your senior years. South Africa is one of the few countries in the world who protects all retirees through legislation and all purchasers of a Life Right Agreement are protected by the Retired Persons Act. There are many financial benefits when purchasing a Life Right. Notably it guarantees a secure home for life. You save on upfront costs such as transfer duty, registration costs and VAT and are only liable for mandatory legal fees. Maintenance, management and resales are the responsibility of Oasis Life, removing stress from both you and your family. Housing levies are subject only to inflation-linked increases. Rest assured there will be no unforeseen special levies - you will never be called on to pay for any major refurbishment projects.
Freedom!
Since we take care of the facilities and the maintenance of the property, you can relax knowing that the future is taken care of! You’re liberated from multiple responsibilities and can enjoy an independent and hassle-free lifestyle in an enriched resort environment. Our management team keeps the wheels of the retirement village turning. We invest in providing quality and affordable healthcare. Excellent security is provided around the clock. Our hospitality services are unparalleled and you’ll never be bored with our rich calendar of activities and events. Oasis Life is renowned for its amenities. Enjoy the privacy of your own space with everything you need on your doorstep, including nature. Dip in and out as you wish and at your leisure!
Smart Management
Our professional hospitality-trained staff and management team are trained to the highest hotel-standards to ensure your needs are met. Our estate management takes care of all the day-to-day aspects of the retirement village - from maintenance, gardening and security to staffing, entertainment and event planning. Our operations team expertly manages multiple teams that are professionally trained in all these fields. Your voice matters too! We have a residents committee that sits with the management team monthly to address the interests, wishes and concerns of the community. Our residents have a full hand in running our estates with us and we take immense pride in keeping the interest of all invested parties aligned.
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