Can a foreigner buy a house in South Africa?

Foreigners not resident in South Africa, who are keen to invest in property here, can do so individually or jointly, or by acquiring shares in a company that is the registered owner of a property.

There are some conditions:

•  All foreigners not resident or domiciled in South Africa must invest one rand in the country for every rand they need to borrow.
• Banks will only fund 50% of the purchase value of the property for nonresidents, so foreign investors will either need to provide a 50% deposit, or pay cash