Head Topics

South Africa fails to tap into immigration pot of gold

  • 📰 mailandguardian
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 92%

South Africa Headlines News

South Africa Latest News,South Africa Headlines

OPINION: While South Africa loses skills, business capital and jobs as a result, other countries are gaining — partly thanks to their initiatives to offer “golden visas”.

that deters foreigners, despite the fact that many would like to invest and live in South Africa. I receive numerous inquiries from wealthy individuals looking to buy property for leisure use, and from skilled individuals wanting to work or open businesses in the country. For each foreigner investing in a holiday home, wine farm or safari lodge, and for every skilled entrepreneur setting up shop in South Africa, we see a multitude of jobs being created and much-needed tax revenue generated.

De Saude Attorneys was among members of the multisectoral task team that recently made recommendations at a meeting with the acting director general of the department of home affairs and other officials on the question of scarce skills.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in ZA

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Higher retail sales signal South Africa may have dodged a recession | IOL Business ReportRetail sales ticked up in June, signalling that the economy evaded a recession in the second quarter following the first three months’ shock 3.2 percent plunge in GDP. busrep
Source: IOL - 🏆 46. / 51 Read more »

South Africa announces visa waivers to boost tourismSouth Africa is in talks to extend the visa waiver to Ghana, Cuba and Principe and Sao Tome.
Source: TheCitizen_News - 🏆 6. / 75 Read more »

Brand South Africa visits Limpopo to empower the local youth | IOL NewsWith the comedic trio, Donovan, Jason and Nicholas Goliath, Brand SA is engaging with learners to get involved in their communities ...
Source: IOL - 🏆 46. / 51 Read more »

South Africa has just allowed visa-free access for these four countriesTravellers from Qatar, Saudi Arabia, the United Arab Emirates and New Zealand will from Thursday no longer require a visa to visit South Africa for holidays, conferencing and business meetings.
Source: TimesLIVE - 🏆 28. / 59 Read more »

Aprilia and Moto Guzzi return to South AfricaThe two bike brands will share all-Italian premises with Maserati in Bryanston
Source: TimesLIVE - 🏆 28. / 59 Read more »

Justice Project South Africa wants Aarto amendedThe Administrative Adjudication of Traffic Offences Bill was signed into law this week.
Source: eNCA - 🏆 49. / 51 Read more »