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Property Investment for foreigners in SA

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  • Property Investment for foreigners in SA


    I am 100% in favour of curbing the influx of foreign investment of property in SA

    Allthough I would love to buy a property in CT, and able to afford it, I do respect the new laws proposed
    It would give local people an opportunity to purchase at a more realistic price....

    Property pices in Britain have now gone beyond a joke!!!
    MW

    Moonwalker

    The mystery of the beginning of all things is insoluble by us,
    And I for one must be content to remain an agnostic
    ...Charles Darwin...

  • #2
    MW,

    I have no idea what you're talking about. Could you please elaborate, or post a link to a news story. It sounds really interesting.

    Thanks,
    Ches

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    • #3

      Ches
      I subscribe to a UK network 'SKY TV' which enables me to watch both SA and French TV
      The SA channel is NSAT

      I saw this on one of the news reports a few days ago, and I do agree with restrictions on land purchase, my brother is a few years younger than me, and is finding it difficult to buy in CT due to all the escalating prices, caused by foreign investment for Holiday Homes

      Look at their website, I think it is 'nsat.tv'
      Cheers

      MW
      Moonwalker

      The mystery of the beginning of all things is insoluble by us,
      And I for one must be content to remain an agnostic
      ...Charles Darwin...

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