Foreign Buyers

Peace & tranquility

Indigenous forests, spectacular mountains, rivers and gorges:

Purchasing property in South Africa:

There is no restriction on Non-residents purchasing property in South Africa subject to certain procedures. Non-residents may also sell the property at any time and repatriate the proceeds without restriction, but South African Capital Gains Tax is applicable on any profit made on the sale. This is based upon 25% of the profit being taxable at the marginal income tax rate, currently 40%. Mortgage bond facilities are available to non-residents for a maximum 50% of the purchase price. The balance must be paid in cash. Non-residents need to apply for temporary residence status to reside in South Africa for more than three months at a time. This can be extended for two further periods of three months providing a maximum period of nine months, which is suitable for most non-residents who wish to reside in South Africa for a number of months each year. Retirement Permits, providing permanent resident status are also fairly easily obtainable and because of the strength of hard currency versus the South African Rand, the financial qualifying criterion is easily attainable. Full details of all requirements will be provided through our legal advisors to interested parties on request by contacting us at www.everitt-plett.co.za. Non-residents purchasing property will also be referred to expert legal advisors who will ensure that the process is correctly managed.

Traveling to Plett:

There are many daily international flights to South Africa via Cape Town and Johannesburg with onward links into George, 102 km's from Plett, which has a very busy airport and is serviced daily by many flights from most South African Cities. The airport offers excellent car rental facilities by all local and major international brands including Hertz, Avis and Sixt. Car hire facilities are also available in Plett.

There is a luxury road coach service from most major cities to a terminus in Plett.

Plettenberg Bay Airport does not handle large jets, but there are some commercial regional jets that land there from Johannesburg. Schedule enquiries need to be discussed with your travel agency.

All major roads in South Africa are in excellent condition and many tourists choose car rental so that they can experience the spectacular Western Cape and Garden Route scenery. There are many hotels, guesthouses and self catering facilities to cater for all tastes.

Other Amenities:

Plett has all the shopping facilities one needs, including two Cinemas. Most shops have a unique local flavour and there is much creative flair in the products sold, but the major national chains are also represented to satisfy the needs of the more traditional folk. Four major national supermarket chains are represented in Plett, and local and franchised restaurants cater for all tastes including seafood, steak, and chicken, African, Italian, Greek, Chinese and Mexican. The Municipality provides library facilities and there is a small private hospital, with a large Provincial hospital and a large private hospital in nearby Knysna. There are many guesthouses, self catering lodges and homes. A number of hotels cater for families whilst those who wish to indulge can be pampered in the luxury establishments.