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| What implications does this have on me being a South African based tax resident? |
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All investments should be disclosed in South Africa for tax purposes. We suggest you seek independent tax advice. A double taxation agreement is in place between Australia and South Africa. In simple terms, this means that an individual will only effectively be taxed once and the amount of the tax paid will be at the higher rate of the two countries.
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| Can I use an investment vehicle? |
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Yes you can setup an offshore, trust or company, but we suggest you seek independent advice, especially if you have concerns regarding inheritance tax.
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| Who will be my attorneys? |
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In Australia, there is a lawyer who acts on the buyers behalf as well as the sellers behalf. We will recomend the best attorneys for you, depending on where you are investing.
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| Who will arrange my mortgage? |
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All State Homeloans will be providing you the service to ensure you get the best mortgage available. As with South Africa, your mortgage is pre approved before you are committed to the purchase.
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| What happens if the geyser leaks? |
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The management agent will have a number of maintenance partners which can repair and maintain properties. This would be down to the account of property owner.
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| How do I immigrate to Australia? |
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Please go to the Videos tab and watch the video on immigration. Please also see the Australian Buyer Guide under the Documents tab which will explain the tax and immigration advantages of investing prior to relocating.
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