Description of Namibia
Namibia is a curious country with plenty of open space and a vast array of wildlife, though a comparatively tiny number of residents. The nation’s overall economy has been ticking over solidly enough and certain regions of Namibia have shone through as potentially lucrative locations for letting out. In Windhoek for example, the right apartment in the right block could rake in a return of up to 10 per cent or more, while beachfront properties come in more around the 6 per cent to 8 per cent mark. There are no specific restrictions on international investors buying into Namibia, though rental income tax is set pretty highly with a maximum ceiling of 37 per cent.
Current Property Prices in Namibia
How to Buy Overseas Property Safely
Key Facts:Currency: NAD
Time Zone: WAT (UTC+1)
Languages: English language
GDP: $13.064 billion