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Invest offshore, says Property Group

With the prop­er­ty val­ues in South Africa under­neath extreme pres­sure, more prop­er­ty investors are look­ing for oppor­tu­ni­ties out­side our bor­ders, says Andrew Thomp­son, Devel­op­ment Direc­tor at eLan Prop­er­ty Group.

“A nor­mal prop­er­ty bought in South Africa five years ago for R 4. 5 mil­lion is now sell­ing at R5.5 mil­lion, mak­ing it a 22% increase in cap­i­tal boom over the peri­od.

A house pur­chased in Mau­ri­tius 5 years ago at R4.5 mil­lion is now fetch­ing R16 mil­lion — that is a 255% cap­i­tal growth,” says Thomp­son.

How­ev­er, Thomp­son warn poten­tial investors there are many fac­tors to remem­ber in assess­ing oppor­tu­ni­ties out­side South Africa:

  • Own­ers should con­sid­er avail­abil­i­ty of coun­tries, mak­ing sure that the prop­er­ties are eas­i­ly acces­si­ble. This com­pris­es fac­tors like being near to an air­port or high­way.
  • The lan­guage is often a prob­lem. Investors  might search for a coun­try where Eng­lish is the prin­ci­pal lan­guage.
  • Investors  opt for sec­ond cit­i­zen­ship or ever­last­ing res­i­den­cy options because the enchant­ment which ends up in cap­i­tal growth and invest­ments.

It’s crit­i­cal to con­sid­er what coun­tries per­mits visa-free access and brings an extra val­ue on your pass­port.

  • Per­ma­nent res­i­den­cy seems to be an attrac­tion to many South Africans, for the greater pro­tec­tion in terms where you may live in future.
  • Res­i­den­cy begins at the R2 800 000 mark in var­i­ous coun­tries around the world
  • The most impor­tant motive force in anoth­er coun­try is your home title, ensur­ing you own 100% of the prop­er­ty.

Thomp­son advis­es that for­eign invest­ment involves cap­i­tal flows from one coun­try to anoth­er, grant­i­ng size­able own­er­ship stakes in domes­tic com­pa­nies and prop­er­ty, say­ing it approach for­eign­ers have a live­ly role in man­age­ment as part of their invest­ments.

Accord­ing to Thomp­son Mau­ri­tius is an amaz­ing option regard­ing prop­er­ty invest­ments, due to the acces­si­bil­i­ty, eco­nom­ic bal­ance, growth of assets val­ues.

  • In Mau­ri­tius, month-to-month costs con­tin­ue to be low, it will be easy to con­trol and your return on invest­ments must be in extra of your nor­mal rates.
  • You will open a bank account and your trust account oper­ates the com­pa­ny with­in the coun­try.
  • As a pro­pri­etor, you could open an enter­prise in Mau­ri­tius and that could take up to 2 hours.
  • You can reg­is­ter your prop­er­ty in your own name which will take a min­i­mum two days.

“Invest­ing in Mau­ri­tius you’ll secure a safe envi­ron­ment to stay in a coun­try with 3% unem­ploy­ment rate. It may be ben­e­fi­cial and reward­ing to invest for prop­er­ties in eLan Prop­er­ties,” says Thomp­son.

For greater sta­tis­tics on prop­er­ty invest­ments or in case you plan on own­ing assets, be a part of the eLan Investor Club.

Accord­ing to Thomp­son Mau­ri­tius is a good option with prop­er­ty invest­ments, because of the acces­si­bil­i­ty, eco­nom­ic sta­bil­i­ty, and growth of prop­er­ty val­ues.

  • In Mau­ri­tius, month­ly costs will remain low, it will be easy to man­age and your return on invest­ments should be in excess of your nor­mal rates.
  • You will have the abil­i­ty to open a bank account and your trust account oper­ates a com­pa­ny in that coun­try.
  • As the own­er, you can open a com­pa­ny in Mau­ri­tius and that can take up to two hours.
  • You can reg­is­ter your prop­er­ty in your own name which will take at least two days.

 

“Invest­ing in Mau­ri­tius will secure you a safe envi­ron­ment to stay in a coun­try with 3% unem­ploy­ment rate. It will be ben­e­fi­cial and reward­ing for you to invest in prop­er­ty in eLan prop­er­ties,” adds Thomp­son.

For more infor­ma­tion on prop­er­ty invest­ments or if you plan on own­ing a prop­er­ty, join the eLan Investor Club and week­ly receive prop­er­ty invest­ment tips: www.elaninvestor.com and vis­it their social media on Face­book (@elaninvestor), or Insta­gram (@elaninvestor).

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