Real Estate Investor Magazine South Africa November 2018 | Page 49

OFFSHORE 48 United Kingdom - Could Manchester be an investors dream? 52 Financial Immigration – The great American dream EB5 NADIA READ THALE Director of LIO Global, World Residence and Citizenship The poor economic outlook and con- cerns about property ownership are all reasons for wealthy South Africans looking for a second citizenship as a matter of priority. Wealthy South Afri- cans are therefore looking to ‘buy’ a sec- ond citizenship, either by a donation of sorts to the government or investment into property, or a combination RJ PALANO Founder, CashFlowProperties. com Start with how much money you desire per month to support your family and lifestyle, then determine how many free and clear houses you need to pro- duce that income so you never have to work again. Single-family houses in the United States produce cash flow, typi- cally appreciate in value and we get tax write-offs known as depreciation. GEORGE RADFORD Regional Director, IP Global “Our business model is ideally suited to the South African market as we special- ise in working with clients to diversify investment portfolios and get exposure to core safe haven property markets around the world, with more stable economies and higher levels of currency protection than our local market. SA Real Estate Investor Magazine NOVEMBER/DECEMBER 2018 47