Are foreigners allowed to own property in South Africa?
When we asked expats in South Africa if foreigners are allowed to own property, they answered...
"Yes, foreigners are allowed to own property in South Africa. The South African government has put in place a number of regulations to ensure that foreign ownership of property is regulated and monitored. Foreigners are required to obtain permission from the South African Reserve Bank before they can purchase property in South Africa. This permission is granted on a case-by-case basis and is subject to certain conditions. In addition, foreigners are required to pay a transfer duty when purchasing property in South Africa," remarked another expat who made the move to South Africa.
Other Questions:
- What do I need to know before retiring in South Africa?
- How do I meet people in South Africa?
- What is life like in South Africa?
- Is there a lot of crime in South Africa?
- Is there a lot of diversity? Are people in South Africa accepting of differences?
- What are the schools in South Africa like?
- Is the cost of living in South Africa high?
- What advice do you have for expats having a baby in South Africa?
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- Is the cost of living in South Africa high?
- What type of recreational facilities are in South Africa?
- What is the weather like in South Africa?
- Are there good restaurants in South Africa?
- Where will I buy groceries and do other shopping in South Africa?
- What are the visa & residency requirements in South Africa?
- Are healthcare and health insurance expensive in South Africa?
- What do I need to know when buying property in South Africa?
- Are foreigners allowed to own property in South Africa?
- What appliances are typically included in a rental?
Are foreigners allowed to own property in South Africa?
If you live in South Africa, newcomers to South Africa would love to hear your answer to this question:
