PROPERTY NEWS - When listing your property for sale in George, you may be a little confused as to how you could approach international investors, considering the current political and economic conditions in South Africa. However, there is not much to be concerned about, as property remains one of the best investments and despite rumours, international buyers can still purchase property in the country.

This was perfectly cleared up by the Global Property Guide, which stated, "Following plans to introduce a bill banning foreign ownership of land in South Africa, made public last year, the South African government has clarified that the ban will not apply to residential properties, but only to agricultural land."

This comes as welcome news, considering how foreign investment can boost the local market. Roughly 7% of land in South Africa is owned by foreigners at present, and with the rand struggling against the US dollar and British pound, it makes sense that international buyers would see a good investment opportunity.

Another reason South African property is so attractive is that the country has a sound economy as well as an ethical legal system, which means that investors are confident that their assets will be protected.

When dealing with foreign buyers, it is important to know that the deal should be conducted through a reputable estate agency. This ensures that all processes are secure and professionally managed - allowing both the buyer and seller to be protected throughout.

Wendy Williams, a Director at Engel & Völkers Southern Africa, summed it up perfectly by stating, "We only work with transferring attorneys who are reliable and well-known, so they will be able to advise the foreign buyers of any specific local regulations that they need to be aware of."