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Non SA Residents PDF Print E-mail

As a Non Resident/Foreign Investor there will always be a reasonable amount of hesitation before parting with your hard earned cash and invest in property abroad.

 

We have thus taken the liberty and compiled a hand full of guides that will ensure that you get up to speed in the do’s and don’ts when investing in South African property.

 

Our guides will shed some light on the following subjects:

 

·        Are there any restriction when buying property in South Africa

·        Can foreign funds be brought into South Africa

·        What the loan to value amount is when investing

·        Can Non Residents open bank accounts

·        Can bond registration and transfer documents be signed overseas

·        What costs are involved when buying property

·        Can profits be taken out of the country

·        Is a Non Residents liable for South African income tax

·        Explain Capital Gains Tax (CGT)

·        What legal entities can be used to invest in South African property

 

*We would like to thank Smith Tabata Buchanan Boyes Attorneys for supplying us with this beneficial information*