Yes. Non-residents are permitted to purchase property in South Africa, subject to local laws and regulations. South African property can offer compelling opportunities for capital growth, lifestyle investment or future retirement planning.

Yes. Foreign buyers may access mortgage financing from South African banks, subject to exchange control regulations and bank lending criteria. Financing is typically limited up to 50% of the purchase price for non-residents who do not live or work in South Africa, while foreign nationals who live and work in South Africa may qualify for higher levels of funding.

In addition to the purchase price, foreign buyers should plan for both upfront and ongoing costs. Upfront costs typically include transfer duty [payable to the South African Revenue Service (SARS)], conveyancing and legal fees, bond registration costs where financing is involved and Deeds Office fees.

Ongoing costs may include municipal rates and taxes, property management fees if the property is let, levies for sectional title or estate properties, insurance and ongoing maintenance and repairs.

No. Foreign nationals do not require a visa to purchase property in South Africa. However, foreign buyers will need an appropriate visa to live in the country for extended periods. Avoid unintended immigration or tax consequences through appropriate visa planning.

Owning property in South Africa does not automatically grant permanent residence. Residency is determined by immigration status, not property ownership.

However, purchasing property can form part of a broader long-term strategy when aligned with the appropriate visa options. With expert guidance, visa planning can be structured to support short-term stays, long-term residence or a pathway towards permanent residence.

Yes. Foreign nationals may legally rent out their South African property. This rental income is subject to South African tax. Therefore, to receive rental proceeds and remain compliant, foreign nationals must register with SARS and ensure that rental income is paid into an appropriately structured South African non-resident bank account.

Yes, depending on your tax residency status. South African tax residents are taxed on their worldwide income, while non-residents are only taxed on locally sourced income. Non-residents may also be subject to CGT and withholding tax when South African property is sold.

Tax outcomes depend on factors such as tax residency status, ownership structure (individual, company or trust) and applicable Double Taxation Agreements.

Yes, provided that South Africa’s exchange control requirements have been met. To repatriate funds after selling the property, all documents from the time of purchase must be retained and the funds for the acquisition should have correctly entered into the country.

Yes, it is possible to buy property in South Africa as a non-resident without being physically present in the country.  The process can be managed remotely, typically through the appointment of a representative under a power of attorney.

Yes. Foreign buyers are strongly advised to have a South African will and testament in place. While a foreign will may cover certain assets, a separate South African will is often essential for local immovable property to ensure efficient estate administration and avoid delays.

Yes. South African estate duty may apply to local immovable property, regardless of the owner’s nationality or residency status.

Estate duty exposure depends on factors such as ownership structure, asset value and overall estate planning. Appropriate structuring and estate planning can help manage potential liabilities.