SA citizens living abroad are able to create future wealth for themselves through investing in buy-to-let properties and building a property portfolio that effectively pays for itself in time. This is especially relevant in times of stable interest rates with more affordable credit than two years ago.
Buying investment property in South Africa as a foreign national or non-resident is a) possible, b) surprisingly uncomplicated and c) a good investment over the long term. Property on a global scale is known to be a stable asset and in South Africa it has historically provided year-on-year growth, with one’s investment increasing in value consistently.
If you are considering South Africa for your next property purchase, the options are endless for family or holiday homes, long-term investments or short-term revenue-generating apartments. Here are five reasons we believe investing in property in SA is a good idea.