Expat Buying Guide

Yes — South African law does not restrict non-residents from purchasing property. However, funds must be imported via approved channels and the transaction must comply with SARB exchange control regulations.

Most major SA banks will consider non-resident bond applications. You can typically borrow up to 50–70% of the purchase price (LTV). Interest rates are linked to the prime lending rate, currently at 11.75%.

You will need a certified copy of your passport, proof of address, three months' bank statements, and proof of income. Your conveyancing attorney will guide you through the FICA process.

Once an offer to purchase is signed, a conveyancing attorney lodges the transfer at the Deeds Office. The process typically takes 6–10 weeks. Transfer duty (if applicable) and conveyancing fees are payable upfront.