A growing number of homeowners on Johannesburg’s East Rand are opting to leave their homes empty as they emigrate – with the hopes of selling the property at a later date. Speaking to BusinessTech, real estate agents from the area said that this was likely due to a combination of factors – including a desire..
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More South Africans are leaving their homes empty as they emigrate
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What South African expats need to know about financial emigration and recession
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With the South African economy currently in recession, lessening the effects of Rand volatility is a top priority for many people at the moment. Many expatriates have retirement funds and other assets in South Africa that they would like to withdraw and transfer offshore. This is known as the process of financial emigration. SAFFA.com had a look at the most common questions about this process below.
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South African’s hoping to buy property in New Zealand – take note: foreigners are being banned from buying homes
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In an attempt to regulate and stimulate the local housing market, New Zealand has taken a bold step in banning the sale of homes to foreign buyers. According to proponents of the foreign buying ban, housing prices in New Zealand have skyrocketed beyond the means of average citizens. This unaffordability has led to the lowest..
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