Article summary

• Foreign people otherwise nonresidents can be put money into possessions when you look at the South Africa while the individuals, or through-joint control or of the getting offers from inside the an entity you to owns assets.
• Nonresidents have to import 50% of your own cost or balance out-of price through the Put aside Bank, off their own international financial to a designated membership (that may usually function as the trust account of moving lawyer) with an authorized Southern area African bank.