Citizens from South Africa, Nigeria, and Egypt have left the most applications in 2020 for overseas property purchases. They are especially interested in real estate in Greece, Germany, Italy, Spain, the USA, and Canada.
Greece attracts African investors with reasonable prices, growth potential, and the Golden Visa program. With the help of this program, investors can obtain a residence permit in Greece by purchasing a property. The residency by investment program in Greece is the cheapest in comparison with similar European programs, as it requires investors to purchase real estate for a total amount of at least 250,000 euros.
How to obtain a Residence Permit in Greece – read here
Germany is the second most popular country for African investors. One of the strongest economies in the EU and a developed real estate market lead African investors to view the country as a “Plan B”.
Create a company in Germany and obtain Residence – read here
South Africans are especially actively watching residency and citizenship by investment programs. First of all, South African investors care about their safety and the safety of their assets. The government is now considering introducing a bill of expropriation without compensation. And this bill could be introduced this year.
Source: proshareng
