Hear hear.
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Is it brain drain or brain exchange?
- Thread starter LancelotSA
- Start date
Hear hear.
alloytoo
Honorary Master
Emotionally it's far far easier to stay than to go.
Emotionally it would be easier to stay, but what's going to happen with those emotions when a close family member (mother, wife or sister) gets raped and murdered - the odds of this happening to someone close are getting higher each day.
Financially it would also be easier to stay, but what if things go pear shaped as it's doing at an ever increasing pace these days, and your pension and other investments become worthless like what happened in Zim 1.0, where pensioners resorted to eating canned pet food as a treat.
A bullet in the head is one of the worst 'brain drains' you can get.
True, but if you emmigrate, that will not change their fate. Unless you take them with you.
Besides, changes of murder / rape happening to someone, depends highly where they live in SA.
Don't rely on pension for retirement. Buy property or invest your money in commercial investments. If things go pear shaped, you move your money to overseas investments accounts. And then you leave as well and retire on that. Problem solved.
I promise you your chances of a bullet in your head, is very small if you live in Stellenbosch or some Garden Route towns like Knysna for example.
Lino
I am back
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When last were you in Stellenbosh?
How much will your property in SA be worth if everything goes to hell? And your rand-denominated investments? Its not as simple as you make it sound.
Property is not always the best investment. Besides, there is a restriction on the amount of money you can move offshore, and when you sell that investment property just remember that nastly little tax surprise called "Capital Gains Tax" on top of all the other taxes you need to fork out
alloytoo
Honorary Master
Which is of course why you make every endeavour to take them with you.
Everyone said in 1994 that things will go to hell. Didn't happen as far as property was concerned. After the property boom of 2002-2004, you'd be rich now if you bought property before then. Property just doesn't crash overnight.
As far as investments goes, regardless of the value of the Rand (strong or weak), you will find investments that will do well, even if it has to be shares. Otherwise invest in foreign currency.
Property is not always the best investment. Besides, there is a restriction on the amount of money you can move offshore, and when you sell that investment property just remember that nastly little tax surprise called "Capital Gains Tax" on top of all the other taxes you need to fork out
Profit you make will be well worth it regardless of the taxes you have to pay.
Unfortunately, most residence permit stipulations are applicable per person. The fact that you are family is disregarded unless you can become a citizen of the foreign country and then bring your family in (and even here, restrictions apply).
actions speak louder than words mr warren buffet .Are you invested in the zim stock exchange causes it one of the best performing stock markets in local currencies in the world.Or would you go long the zim dollar.my main point is that we should not have to put up with all this Bs caused by greed and laziness and incomptence of the african continent where history reoeats itself.Sa boom had little to do with sa actually ,more to do with demand for sa resources due to china and india and our property prices just catching up.How is the middle class going to afford proprty in the future.the strengh of an economy is its middle class not the superrich
I'd just like to state that I find it incredibly amusing how Mr 'Good news' posts this crap and then disappears when the real facts come out and people shoot down his rubbish.
LancelotSA keep your propaganda on your website.
LancelotSA keep your propaganda on your website.
Moederloos
Honorary Master
Oh I promise you I am everything but Mr Good News.
Just look at my signature for instance.
He wasn't refering to you.
TELESPHORE
Senior Member
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Well I was very positive until this spate of so called xenophobic attacks began. Not because of the attacks, those were inevitable given the circumstances. My worries are the way the government is dealing with it. Absolutely no statesmanship at all. Just trying to cover up. Anarchy is the best to describe it.
I am now planning to leave this country also. I have no choice.
I am now planning to leave this country also. I have no choice.
No it doesn't crash overnight but how much do you think the average farm in Zim is worth now?
By nature: SA property market != Zim property market.
Not now, and not by a long shot into the future.