April 11, 2024

Navigating tax obligations for foreign or expat property buyers in South Africa

Recent reports show that currently the South African property market is booming and that buyers are showing interest from all corners of the globe. The northern suburbs of Johannesburg, many Western Cape areas, such as Cape Town, The West Coast and the Garden Route are said to be on the foreign property buyers’ radar.

Expats are also returning to home soil, from European countries such as the United Kingdom, Ireland, and Germany, as well as the Middle East and the United States and buying property.

READ: Tax: How to calculate capital gains tax when selling your home

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One comment on “Navigating tax obligations for foreign or expat property buyers in South Africa”

  1. Thank you for sharing this insightful article! I found the information really useful and thought-provoking. Your writing style is engaging, and it made the topic much easier to understand. Looking forward to reading more of your posts!

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