Our views on the property market

Foreign property investors should not be discouraged

by David de Waal on July 28, 2014

The motives behind land and rural development Minister Gugile Nkwinti ‘s comments regarding foreign land ownership in South Africa are unclear as South Africa currently does not have a “problem” with foreign buyers crowding out local buyers. Nkwinti said the principle is that foreign nationals should not own land in the country but should rather [Click to continue …]