Real Estate Investor Magazine South Africa December / Jan 2016 | Page 63
The ANC is business-unfriendly and dislikes Western
powers unless, of course, they need something from
them.
Tax payers are put under massive strain in SA whilst
the government wastes billions of Rands through
incompetence and corruption. Disposable income is
at an all-time low. An offshore investment should be
viewed as a possible yield-generating asset that can
derive a hard currency income. This would not only
be good for South Africa as hard currency returns are
brought back home, but good for the investor too.
With all the above in mind, seeking a good offshore
investment may be expensive in the short-term, but it
could well pay handsome returns long-term.
How to manage your mortgage: Be wary of your
gearing
If you use your investment