- Oct 21, 2009
- Reaction score
- Political Leaning
The reason I want to move to South Africa is that I can start as the 1% and can only go up from there. My money goes 10x as far. Invest in property as Africa gradually progresses it will be worth more.
Some day, Africa will become much more important. Now, I saw a list of cost of tourist visiting charts and Africa was one of the most expensive areas in the world. I also think that SA has a big future but is property cheap there? I found out that in Vietnam property is VERY expensive. Go figure - I should have bought some in 1966.
So yeah, is SA cheap. How much for whatever in the main city, JoBerg? Very curious. Thanks!
Well in Cape Town (Johannesburg sucks) property is fairly and from i have looked at 250,000$ will get you a pretty nice 4-5 bedroom house pool, security, and nice views in the Southern Suburbs (The Whitest Part of South Africa) and even more in the Afrikaans speaking Northern suburbs.
For example this house is 350,000$ or 3.1 million rand and it is just amazing. I have found cheaper houses but they aren't my style. You can also make far more in South Africa comparatively since I want to work as accountant they can start at 500,000 R/year.
I also have more examples but the main property website is down right now.
You think that's cheap? I can buy a pretty nice place in Vegas for $250K and I live in a decent one for $70K.
At 250K theres not much room for gain. Jamaica has some great deals and I thought about moving there but they don't allow cats and I'm not leaving them behind. Of course, Africa has much more opportunity than Jamaica. OTOH, banks pay 30% interest so with $100K, you'd be set up for life. Great weather. Some cute girls. Affordable drugs.
But my cats are my best friends so.....I'm still in Stupid Vegas.
I didn't know Canada was a country. Are you sure? I thought it was just US Farm Land.
(just joshing I'm sure you know)
According to most Americans we apparently are.
We're the American oil patch, your source of comedians and perhaps soon America's source of potable water. Not sure we're America's farmland though, since you don't like our milk, our beef, etc. You do like our ice wine and our beer and whiskey is superior so those are a few "crops" you like.