Non-Resident, International Investors & Buyers of South African Real Estate
FOREIGN INVESTORS
Non-resident, international and foreign investors are fully entitled to buy property & real estate in South Africa, as long as the investor complies with the requisite rules and regulations which govern non-resident & international purchasers.
TAXATION LAWS GOVERNING FOREIGN INVESTORS
On sale of a property, a non-resident seller (whether a South African citizen or not) is liable for capital gains tax and will not qualify for the exemption that residents obtain on their primary residence.
NON-RESIDENT FOREIGN INVESTOR MORTGAGES IN SOUTH AFRICA
The regulations governing mortgage finance to non-resident, foreign investors and caps the maximum loan to value at 50%. This means that should the non-resident, foreign investor require more than 50% finance, they will need to arrange this separately offshore outside South Africa.
