Search

Latest News

• The latest data from FNB shows that the outlook on the South African housing market is more positive, with fewer South Africans emigrating out of the country compared to five years ago.According to the latest Estate Agents Survey from FNB, market activity ratings increased to an average of 5.8 in 3Q24, up from 5.6 in 2Q24.Although this is still slightly below the long-term average of 5.9, the improvement, as well as the continued recovery from recent lows, suggests that the market has bottomed out, particularly since the latter half of 2023.FNB noted that the uptick in activity was driven by stronger market sentiment in middle-to-high-priced segments.... Read more...

• South Africans can now purchase real estate using crypto-currency, in what is being dubbed a first for the local property market.This, after a solution created by Broll Auctions and Sales, Schindlers Attorneys and Schindlers Digital Assets combines property, legal and financial services into a single, streamlined offering.The solution allows crypto-currency holders to convert digital assets into property ownership, while ensuring compliance with the country`s financial regulations.... Read more...

• Proposed regulations for short-term rentals in South Africa could affect the entire industry, causing many to consider whether remaining in the market is viable and making others sceptical of buying into it.This is according to Only Realty Property Group CEO Grant Smee, who spoke to Cape Talk about the proposed regulations.... Read more...

• Proposed regulations for short-term rentals in South Africa could affect the entire industry, causing many to consider whether remaining in the market is viable and making others sceptical of buying into it.This is according to Only Realty Property Group CEO Grant Smee, who spoke to Cape Talk about the proposed regulations.... Read more...

• Proposed regulations for short-term rentals in South Africa could affect the entire industry, causing many to consider whether remaining in the market is viable and making others sceptical of buying into it.This is according to Only Realty Property Group CEO Grant Smee, who spoke to Cape Talk about the proposed regulations.... Read more...

• The Department of Home Affairs (DHA) has taken steps to streamline visa processing and address issues related to officials requesting incorrect documents from applicants.A directive issued on October 8 by DHA Director-General Livhuwani Makhode aims to tackle instances of unauthorised and excessive requirements requested by diplomatic missions and e-visa managers, particularly for visits of 90 days or less.... Read more...

• Generally speaking, in terms of Regulation 9(5)(a) of the Immigration Regulations, an applicant who wishes to renew an existing visa or change the condition of their visa must submit their application 60 days before the expiration of their existing visa. If a situation arises where an application is not submitted timeously and the previous temporary residency visa expires, one can find themselves as illegal in South Africa due to their overstay, even if the situation surrounding the overstay was beyond the applicant`s control. As an illegal foreigner, an applicant is then in contravention of section 49 of the Immigration Act and is guilty of an offence.... Read more...

• Learn about polygamy in South Africa and other types of marriages that you can enter.Marriage is a serious step that will change your life significantly, particularly in terms of finances and wealth management. In South Africa, you can choose from a variety of marital regimes that regulate financial affairs during marriage. These include an antenuptial contract (ANC), community of property (COP), Shariah and polygamous African marriages. Each regime has unique characteristics that affect debt liability, inheritance, insurance needs, investments and divorce.Choosing a marital regime is an important decision with major implications for your and your partners financial affairs. It is important to discuss which regime is suitable for your needs as a couple. Here are some tips on how to have a productive conversation about choosing a marriage regime:... Read more...

• All marriages are considered equal in South Africa, and each type holds its particular significance and relevance for different people.In South Africa, three types of marriages are recognized by law:Civil MarriagesCustomary Marriages and Civil Unions. Civil Marriages are performed by a marriage officer at a Home Affairs office and are governed by the Marriage Act of 1961. These marriages are typically secular and do not require religious or cultural traditions. On the other hand, Customary Marriages are governed by the Recognition of Customary Marriages Act of 1998. They are recognized as valid if they follow the customs and traditions of the parties involved. These marriages may involve exchanging gifts or paying lobola (bride price) and may be conducted by a traditional leader or elder.... Read more...

• The City of Cape Town in the Western Cape has been voted as the best city for food in the world.This is according to Cond Nast Travelers 2024 Readers Choice Awards, where 575,048 votes were cast in its 37th annual survey.Looking at the results of the top ten Best Cities for Food in the World, this is made up of:1.Cape Town, South Africa Score 95.652.Milan, Italy Score 95.203.Valencia, Spain Score 95.004.Tokyo, Japan Score 94.785.Porto, Portugal Score 94.486.Hong Kong, China Score 93.947.Bangkok, Thailand Score 93.718.Rome, Italy Score 93.339.Singapore Score 92.9010.Sydney, Australia Score 92.50... Read more...