Can a South African buy a house in Namibia?

The Namibia currency is pegged to the SA rand which you can use in the country. … South Africans are free to buy residential property in the country. Henties Bay is 70kms north of Swakopmund and easily accessible via the new tarred road.

How much does it cost to buy a house in Namibia?

THE average national housing price in Namibia at the end of December 2019 stood at about N$1,1 million says Frans Uusiku, the market researcher at First National Bank Namibia.

Can a South African live in Namibia?

South Africans in Namibia are a part of our community, calling cities such as Tsumeb, Lüderitz, Windhoek, and many others home. You can use InterNations to look for fellow South Africans in Windhoek, for example.

Can I buy land in Namibia?

Namibia’s agricultural land is mainly divided into communal and commercial farm lands, offering excellent investment opportunities for foreigners. … With the government enacting land ownership laws, a foreign investor must obtain the consent of the Minister of Lands and Resettlement prior to directly purchasing a land.

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Why is property so expensive in Namibia?

Land speculation is at the heart of the problem of high housing prices and high rents in Namibia. Land is obviously the most precious physical resource and is simply more important than buildings and infrastructure. As the population grows, the value of land also goes up.

How do I become a resident of Namibia?

Applicant must have legal residence in Namibia as the spouse of a Namibian citizen for a period for at least 2 years. Copy of Marriage Certificate, Copy of Birth Certificate of spouse born in Namibia. Copy of Birth Certificate (applicant). Letter from the Receiver of Revenue confirming period of residence.

How much does it cost to live in Namibia?

Summary of cost of living in Namibia

Food
Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area 20,832 N$
Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area 15,722 N$
Utilities 1 month (heating, electricity, gas …) for 2 people in 85m2 flat 4,784 N$

Where should I live in Namibia?

Central Towns and Cities of Namibia

  • Windhoek. The capital city of Namibia, Windhoek, is one of Africa’s cleanest and safest cities. …
  • Swakopmund. Swakopmund is a very popular Namibian seaside resort with a pleasant summer temperature. …
  • Walvis Bay.

How can I get permanent residency in Namibia?

REQUIREMENTS:

  1. Application form (3-1/0039)
  2. Application for Visa form (3-1/0033)
  3. Questionnaire form for permanent residence.
  4. Declaration Form.
  5. Medical certificate.
  6. Radiological certificate.
  7. Copy of marriage/divorce/death certificate or letters.
  8. Copy of travel document or passport.

How is it to live in Namibia?

The way of life is generally laid back and peaceful, with relatively little in the way of nightclubs or late-night entertainment. Although Namibia is relatively safe, expats often choose to live in protected compounds, with the majority of foreigners residing in Windhoek, Namibia’s capital city.

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Does Namibia allow dual citizenship?

Namibian citizens who are citizens only by birth or descent may hold dual citizenship if the laws of the other country allow such dual citizenship. … Namibian Constitution Article 42).

How long does it take to build a house in Namibia?

How long does it take to build a house in Namibia? On average, it takes seven months to build a house from start to finish, according to a 2019 U.S. Census Bureau report. But you may also need to include time for an architect to draw up plans (1–4 months).

Can Americans buy property in Namibia?

How difficult is the property purchase process in Namibia? Except for agricultural land, there are no restrictions on nonresident foreigners and legal aliens owning property in Namibia. … Real estate transactions are negotiated and concluded in Namibian dollar (NA$).

How is the real estate market in Namibia?

Namibia housing market weakening, after a strong upsurge. House prices in Namibia continue to rise, albeit at a slower pace. But house prices in the capital Windhoek are now falling, and demand is now declining sharply. … In the middle price segment, the average property price was NAD1,213,000 (USD105,017).

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