Real Estate Investor Magazine South Africa March/April 2019 | Page 49

OFFSHORE
SEVEN CAPITAL
‘For South Africans looking to
invest their money outside the
country, the UK property market
can be both a safe haven and lu-
crative vehicle. But with London no
longer the focal point for investors,
we assist potential investors with
the knowledge needed of where
LISTED
to look if you don’t live locally. Our
partnership and UK Property Mas-
terclass with Jawitz Properties is
designed to educate South Africans
on what to consider and how to
go about investing well in the UK
property market to both secure and
grow your wealth.’ - Wayne Morris,
Business Development Manager at
SevenCapital South Africa.
CYPRIOT REALTY
On Friday 15th Feb 2019 the Cypri-
ot government announced that the
cabinet has approved changes to
the ‘Citizenship through Invest-
ment’ programme effective 15th
May 2019. Other changes include
a stricter vetting process for
applicant. Current and potential
investors need to take note.
SABLE INTERNATIONAL
The expat tax topic has received
a lot of media coverage of late,
with some polarised views from
professionals within the same
industry leading to a lot of confu-
sion. South Africans living abroad
are concerned that they are facing
an ever-growing tax liability back
on their home soil. Tim Powell,
director of forex at Sable Interna-
tional, looks at the cold facts of the
situation in this section.
SA Real Estate Investor Magazine MARCH/APRIL 2019
47