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 should I pack when moving to South Africa?
- Where should I setup a bank account in South Africa?
- Will I be able to find a job in South Africa?
- What is life like in South Africa?
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- What do expats find most challenging?
- 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?
- What are healthcare services like in South Africa?
- What are medical services in South Africa like?
- Are healthcare and health insurance expensive in South Africa?
- What are emergency services like in South Africa?
- Will I need to travel to see a specialist?
- Are common prescription medications available in South Africa?
- How are local medical facilities in South Africa?
- As a foreigner living in South Africa, will I have access to public healthcare? What is it like?
- What have your experiences during the pandemic with the local healthcare system been like?
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: