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Russ, You nailed it. People don't invest in countries where they don't trust the government to remain steady. That's why I didn't buy property in Africa. The question I have to Americans is, "Do you trust your government?" With all the talks of socialism and reparations, I wonder about investing here. Seems like the Democrats are bound and determined to turn the US into another third-world country. If not here, then where? Where would you invest? | |||
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______________________________________________ Absolutely on target. JCHB | |||
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Plettenberg Bay?! We own a beach house in Plett. Go there often with my family and clients. A lot of our clients hire a car and go there on their own. Thousands and thousands of foreign visitors go there every year and would completely disagree with your assessment. Protests are common in SA, but by no stretch of my imagination would I call Plett or anywhere in the Eastern or Western Cape a hotspot. The N2 bypasses the town and occasionally it’s shut down by protesters. Maybe our perception of risk here in SA is different to yours but I doubt that the difference could be that large. Russ - with all due respect, you’re way off the mark and I have to wonder if you’re reading this stuff or have experienced it first hand recently. Victor Watson Karoo Wild Safaris Email: info@karoowildsafaris.co.za Cell: (+27) 721894588 www.karoowildsafaris.co.za | |||
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I have been going to Plett since 1968, probably before you were born. Back when the Beacon Island Hotel was original and the bridge over the Piesang River was made of wood. Those days are gone. https://www.youtube.com/watch?v=qF_sNMWOiHU https://www.news24.com/news24/...ng-protests-20210618 Russ Gould - Whitworth Arms LLC BigfiveHQ.com, Large Calibers and African Safaris Doublegunhq.com, Fine English, American and German Double Rifles and Shotguns VH2Q.com, Varmint Rifles and Gear | |||
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Victor Watson Karoo Wild Safaris Email: info@karoowildsafaris.co.za Cell: (+27) 721894588 www.karoowildsafaris.co.za | |||
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Wine farms are a popular investment for foreigners, with 16% foreign owned in 2019. Of course not the same as a game ranch, as the land is farmed intensively and requires a specific skill set and knowledge. Having said that, a friend mentioned that the way to make a million out of growing wine, was to start with 10 million.... | |||
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Well i have invested in the Bahamas, own an oceanfront home on Abaco. It reminds me of our house on Robberg Beach a bit. The fishing is much better though. Good bonefishing right from shore in the Sound, and ocean sportfishing off the "wall" (a mere 10 minutes from the dock) is off the charts. Own a ranch in Texas, north end of the hill country. If any part of the USA is able to escape the dem disease, it will be Texas. We don't put up with much BS here. I would consider an investment in Botswana, with a reliable local partner. Not to make money, just to have a place to go during the hottest months here in Texas. I think Botswana will be the last man standing in Southern Africa after the ANC have their way with white landowners in RSA. I have thought about Cuba, that seems to be turning the corner. Right now you have to marry a Cuban first though! The other place I have looked at for a summer place is the Navajo Dam area in NM ... I am a fly fisherman say no more. You can get there in a day's drive, from here, if you push it. That's about it. Russ Gould - Whitworth Arms LLC BigfiveHQ.com, Large Calibers and African Safaris Doublegunhq.com, Fine English, American and German Double Rifles and Shotguns VH2Q.com, Varmint Rifles and Gear | |||
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This was fynbos back in the day .. now it's just another shanty town https://www.sapeople.com/2020/...lettenberg-bay-fire/ Russ Gould - Whitworth Arms LLC BigfiveHQ.com, Large Calibers and African Safaris Doublegunhq.com, Fine English, American and German Double Rifles and Shotguns VH2Q.com, Varmint Rifles and Gear | |||
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You got the old man blues Russ. The world is changing and it can be overwhelming. Give it a rest, go play with the grandkids a bit. South Africa isn’t the place you grew up in but it’s still a frikkin cool place. Victor Watson Karoo Wild Safaris Email: info@karoowildsafaris.co.za Cell: (+27) 721894588 www.karoowildsafaris.co.za | |||
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The number of nations that are worth living in is shrinking fast. Stupid immigration policies, and very progressive policing and law application are making places that could be great into shitholes. I didn't feel like Stockholm was a place I would be willing to live. Oslo was much better. But get 5 hours north of either one and you still have paradise. Owning property in South Africa. In the 1980's sure. In the 1990's maybe. In the 2000's fuck no! In the 2020's it is probably better than it was in 2000, but why risk it. | |||
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Not so much, people with skills and money are leaving at an increasing rate. https://businesstech.co.za/new...e-people-are-moving/ At the same time, people without skills or money are streaming in from other African countries, particularly Zimbabwe. The population was 24 mil when I completed my military service. It's now officially 60 million but everyone says that's an undercount. Botswana now has higher GDP per capita than South Africa. Russ Gould - Whitworth Arms LLC BigfiveHQ.com, Large Calibers and African Safaris Doublegunhq.com, Fine English, American and German Double Rifles and Shotguns VH2Q.com, Varmint Rifles and Gear | |||
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Property Law 101: a strong economy cannot exist without enforceable property rights. Investing in Africa is like going to Vegas. Don’t bet more than you can afford to lose. USMC Retired DSC Life Member SCI Life Member NRA Life Member | |||
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Land is always a very emotive thing. My family had farms in Rhodesia - long gone now. I now live in Scotland and land prices are now well and truly far above what the land is worth. The only buyers are those who view land as a trophy or speculation, or buying it to greenwash by doing lots of rewilding. What matters more is access to land and wild spaces. In Scotland with the land reform act we have free access to unenclosed land, and it is a wonderful thing. We legally have the freedom to go and climb the mountains. There are strict rules governing the access and basically you should leave no trace and do not interrupt any other activities going on. Sadly there are a few that don’t follow the rules, nor are they policed / enforced. We do not have any public land hunting like you do in the US. And down in England you can only cross land on public rights of way. I very nearly invested my career into Zambia in the mid 1990’s as everything was beginning to open up again. Circumstances change and I did not. Do I regret this. Yes, absolutely - but I have made a good life in Scotland instead, and no I don’t have leopards, elephants etc on my doorstep, but I do have easy access to wild places - which is what I want and need. Would I invest in a Scottish estate, or a parcel of land in Africa - neither would make any financial sense, but …………. Well I know a gentleman who used to own a very Scottish stalking estate, with excellent salmon river as well. He reckoned he poured in well over £1m a year of cash from his other resources. After 20 years of doing so he sold the estate, but still rents a couple of weeks a year fishing and stalking up there. His annual escape to the highlands now costs him £40,000 (its a 12 bedroom lodge) as opposed to well over £1m. And he has none of the embuggerance of actually owning and running the land from afar. The old saying of “if it flies, fishes, floats, or fornicates then rent it” probably holds true! | |||
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I hear you. I own a 753 acre parcel in central Florida. I am starting to look at the costs of maintaining as I get older. I realize I can go on several trips a year, kill bigger bucks and have a bunch of money left over if I sold. | |||
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There has been far greater price increase in labor, animal feed and basic land maintenance than hunting. When land value is disconnected from the cash flows it’s produces be it timber or rental or farm land it mean reverts. I keep looking at hunting and timber land and passing as cash flows don’t add up. Mike | |||
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Tell your friend to buy land in the US. If he wants to buy in a foreign country, Costa Rica is pretty good and has good fishing. Or tell him to go to vegas and blow it all. More fun than watching it disappear in Africa. "Evil is powerless if the good are unafraid" -- Ronald Reagan "Ignorance of The People gives strength to totalitarians." Want to make just about anything work better? Keep the government as far away from it as possible, then step back and behold the wonderment and goodness. | |||
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