“Florida is as close as a carbon copy of Durban,” he said. Tongaat Hulett’ Retire KZN initiative has about 3 000 online members that reach an average of 193 000 people on social media every month, and had facilitated the start of two new retirement developments.
Retire KZN had helped to inject more than R1 billion in retirement investments in the province since it was launched 18 months ago, Hulett said this week.
The region was the most popular retirement destination in the country. One of the two retirement opportunities - the Mount Edgecombe Retirement Village - was recently recognised in 2017’s top five retirement estates in South Africa by New World Wealth and AfrAsia Bank. The second - ShorelineSibaya - was the first retirement opportunity in the Sibaya coastal precinct, near uMhlanga.