Country Information South Africa

A bit about South Africa

  • Good choice of areas
  • Low cost of living
  • Cosmopolitan
  • English widely spoken
  • Good mix of ages with both young and old choosing South Africa for Investment, Holiday Home and Re-Location
  • Great weather conditions
  • Good investment possibilities

Property prices:

  • Coastal apartments from £30,000
  • Costal villas from £60,000

Property purchase costs and procedure.

  • Allow 10% to 15% of purchase price to cover costs
  • Initial reservation deposit of between 1,000 and 4,000 pounds required
  • Contracts signed once searches carried out.
  • If buying a new development stage payments may be required
  • From offer to completion usually takes around six to eight weeks

Can I take a mortgage?

  • Equity release from UK property
  • UK banks generally will lend for South Africa

Getting there:

  • Wide choice of departure airports
  • Good mix of charter and scheduled flights
  • Good communications available

What about Jobs?

  • Work permit required

Can I take my Pet?

  • Certificate from European vet stating that the animal is free from major disease required by the ministry of agriculture

Transferring money

  • Best rates available through money transfer specialists.

Driving licenses.

  • You can use your UK license in Turkey

What about schools?

  • Private and State English schools available in key areas

Some Key points

  • Always use a lawyer represented in South Africa when purchasing property.