With all the uncertainty, investors are justifiably confused about timing offshore investments. Horizon Capital International believes that given the obstacles South Africa still has to face in the short to medium term, offshore exposure is essential to an investor’s portfolio, the investment must just be timed well. At R16 to the British pound, the Rand is now one 30% stronger than it was a year ago. This translates to 50% of the current exchange rate of R16 from R24 to the British Pound.
Horizon Capital International has focused on investing in residential property in Bath, United Kingdom for its clients since 2015. Bath offers a stable macro-economic background in which to invest, with two world class universities accommodating approximately 25,000 students annually, as well as a thriving tourism industry that attracts in excess of 4 million visitors per year. The University of Bath and Bath Spa University offer a wide array of courses across various faculties. Should you wish to have the option to educate you children or grandchildren overseas, an investment in Bath property could prove to be a very wise decision.
Cash purchases range from GBP150,000 upwards and where investors require a mortgage, banks are willing to lend on transaction amounts of GBP320,000 and upwards at a 70% LTV.