Publications and Training Clips

Taking several trips to South Africa will also help with the preparations necessary for a successful and hassle-free purchase. An investor will need a conveyancer with whom they will need to build a relationship. ... An overseas company or trust is also allowed to buy property in their own name. Transfer and bond documents do not need to be signed in South Africa; these documents can be signed at a South African Embassy or witnessed by a notary public. ...

Property can be owned individually, jointly in undivided shares or by an entity such as a company, close corporation or trust or a similar entity registered outside South Africa. ... exchange approval by the SA Reserve Bank which approvals are efficiently handled by all South African Commercial Banks offering financial assistance. Financial assistance is granted in the form of a loan secured by a Mortgage Bond to be registered in favour of the Bank granting the loan. ...

Taking several trips to South Africa will also help with the preparations necessary for a successful and hassle-free purchase. An investor will need a conveyancer with whom they will need to build a relationship. ... It is normal practice for an overseas property owner to open up a special bank account for foreigners in South Africa to service repayments on their bond. FICA (the Financial Intelligence Centre Act) is a mandatory investigation into the ...

We all know that there are costs when registering a bond or a home loan in South Africa. The problem is when you're a first time buyer or even a second time buyer those hidden bond registration costs are often the ones that can nab you in the "ahem", ... You have to pay the conveyances (attorneys) who register the property in your name, as well as the conveyances appointed by the bank to register a mortgage bond over your property. These are known as CONVEYANCING FEES. ...

An overseas company or trust is also allowed to buy property in their own name. Transfer and bond documents do not need to be signed in South Africa; these documents can be signed at a South African Embassy or witnessed by a notary public. ... Transferring funds into South Africa is a safe practice and regulated by professionals. These funds can be transferred into any South African bank account when making the purchase. This account can be the seller's own private ...

Previously companies, CC's and Trusts were charged at a flat rate of 8% on the whole purchase price for transfer duty, the above scale will also now apply to them as well as natural persons, which will make a huge ...