Sentences with phrase «foreign buyers often»

Foreign buyers often have longer investment time horizons than domestic investors, and it is not unusual for some to view investments from a 50 - or even 100 - year perspective.

One former broker said foreign buyers often pay too much, believing there are multiple offers.

Not exact matches

We know a lot from various kinds of evidence: a) the experience of the real estate sector, where recent studies by Macdonald Realty and Re / Max have confirmed the dominance of foreign buyers at the top end of the market especially, as stated for years by individual realtors (accounts often denigrated as «anecdotal»); b) there is the digging of several investigative journalists, and most notably by Ian Young of the South China Morning Post who has boldly and effectively raised issues native journalists have sometimes shied from; c) academic work, including the books by Katharyne Mitchell (2004) Beyond the Neoliberal Line and David Ley Millionaire Migrants (2011).

Signing of transfer documents — If the foreign buyer is signing the transfer documents outside of South Africa it must be done at a South African embassy or consulate, but this isn't always practical or cost - effective as embassies are often far away or entirely absent in some countries.

Often referred to as a foreign home buyer tax, the NRST is a 15 % tax that applies to the purchase or acquisition of an interest in residential real property located in the Greater Golden Horseshoe (GGH) area by an individual, foreign corporation, or «taxable trustee».

Those who argue the effect of foreign buyers on California home prices is overstated often cite the type of homes offshore investors are often interested in: newly constructed houses and higher - priced houses at the top of the market.