While Johannesburg might still boast the highest number of dollar millionaires on the continent, the rise of semigration and an influx of wealthy foreign buyers has led to a surge in Western Cape home prices, and the retirement property market is no exception. The Western Cape has claimed the title of South Africa’s Luxury Retirement Capital. The province beat Gauteng, home of Sandton and ‘the richest square mile in Africa’, to claim the title of South Africa’s luxury retirement property capital.