South Africa
Capital city: Pretoria
Language: English/Afrikans and others.
Religion: mostly Christian
Currency: Rand
Climate: Part of the subtropical zone. Compared to other regions at that latitude, temperatures in many areas of South Africa are rather lower. In winter, also due to altitude, temperatures drop to the freezing point, and in places even lower. Then it is warmest in the coastal regions.
Time zone: SAST (UTC+2)
Getting there: Regular direct flights to major S.A. airports.
Buying process: No restrictions on foreigners owning property. On finding a property the buyer must sign a legally binding offer to purchase. Transfer Tax variable up to 8%. Company purchase are at a flat rate of 10%.
Local taxes variable between regions. Capital gains tax 25% for individuals and 50% for companies. The first R 1 million exempt.
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