Warren Jitsing replied to the topic Building in Mauritius in the forum Overseas Deals 12 years, 11 months ago
How do I delete a post? I've sorted my problems out.
Warren Jitsing replied to the topic Building in Mauritius in the forum Overseas Deals 12 years, 12 months ago
Bra, I am from South Africa… Comparitively, the safety is good and the crime rate is very low. I'm not sure about in comparison to Australia but people here look scared of me when I say I'm from South Africa. I got some land, if you have some capital, let's do this. The only thing I am worried about is the sale of a house because of this…[Read more]
Warren Jitsing replied to the topic Building in Mauritius in the forum Overseas Deals 12 years, 12 months ago
All right, here is what I know about Mauritius:The government positions it as an island paradise and encourages foreign investment. They have done away with Capital Gains Tax and allow foreign investment require a minimum of $500 000 plus a $70000 fee for registration or something for a foreigner to own land here. There are RES/IRS projects. Do a…[Read more]
Warren Jitsing replied to the topic Building in Mauritius in the forum Overseas Deals 13 years ago
All right, building a mansion would be too ambitious. How does partnering with a builder solve the problem of financing though? Will he supply the money for all the construction costs? Can anyone give me the relevant cashflows involved with construction? I want to create a model in excel to work out in general the internal rate of return of a…[Read more]
Warren Jitsing replied to the topic Building in Mauritius in the forum Overseas Deals 13 years ago
Is this the right board or would this go under financing?