Real Estate Investor Magazine South Africa June/ July 2019 | Page 53

OFFSHORE Uncovering potential property portfolio’s abroad which South African nationals can invest in – increasing their profits and property ownership. This section deals with how South African can manage their overseas-based businesses along with the finer details on how to obtain a visa when purchasing a property abroad. 52 54 Unpacking passive income misconceptions Hidden gems behind walls Hurst & Wills explains that old walled cities, such as Obidos in Portugal offer a great investment opportunity for South Africans. Investment in these unique cities offers good value for potential buyers. A breakdown of what passive income is and how to utilise it to your advantage. 56 European development company with a R1,4-billion project in Lisbon South Africans can now invest in property in Portugal, with a mixed- use development on the cards. Investment in this property can lead to obtaining a ‘golden visa’ in the European country. From left to right: Louis van der Watt - Atterbury Group CEO and Nicos Shacolas, owner of the Shacolas group. Atterbury Property has completed the first phase of their expansion of the Mall of Cyprus worth €30 000 000. “For the Mall of Cyprus expansion, we focused on enhancing the mall’s offering to its customer base with the best design practices and wisdom gained over the last 25 years as a developer,” Atterbury Group CEO Louis van der Watt. Robert Linder, MD Equitos Group The Managing Director of Equtios Group, Robert Linder aims to empower those to invest abroad. TOP TRENDING FOR OFFSHORE ONLINE: Visit www.reimag.co.za for the latest updates online. Do you have a PLAN B to preserve your lifestyle retirement standards Highlighting how passive income by property can help to protect your family and wealth. More than just blue skies and sunshine Mauritius is maintaining its appeal for investment managers focused on Africa even though it has come under fire for its low-tax regime and the challenge of avoiding international censure. Berlin is booming A new hotspot for potential investors as they can make over 300% capital gain returns.