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Monday, 18 July 2011

Buying a property in South Africa

If you are not a South African and want to buy a property here there are some requirements for immigration. When buying a property for commercial purposes in the tourism industry in South-Africa there are the following requirements:

  • Investment required of R2.500.000.
  • Employ 5 South-African citizens.
  • Apply for a business-permit (so the owners can also work in their own business).
  • Apply for a resident-permit. SA will first give out a temporary residence.
  • Submit a business, marketing and financial – plan.
  • Submit the required applications for immigration – to acquire at your local embassy or consulate.
Investment of 2.5 million rand
One can add all costs made to find and acquire the property....

To read more go to: Property consultant in the bush.

1 comment:

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