Semigrate don’t emigrate – Cape Town has so much to offer

There’s no denying that life in South Africa can be challenging at the best of times yet many are choosing to semigrate to Cape Town, rather than emigrate to an unknown country and culture.

With the ongoing Eskom power crisis, safety concerns, and a currency that has taken investors on another roller coaster ride this year, some business owners have been eyeing overseas destinations with the intention of relocating permanently.

If you’re considering a move for your business and family, we have good news. You can enjoy many of the benefits of living in a stable environment with excellent long-term business prospects without having to leave the country. Cape Town has distinguished itself as a premier business and lifestyle destination over the past decades and the fruits of careful city management and consistent investment have put the Western Cape on a vastly different path than most other provinces.

In this article we’d like to share some of the great news coming out of the Western Cape and tell prospective investors why we believe the Mother City could be the ideal semigration move for their business and family.

Cape Town – A province that responds to challenges

In a post-pandemic world, characterised by high inflation, tumbling currencies, and geopolitical tensions in traditionally safe and stable locations like Europe, you wouldn’t expect the city on the southernmost tip of Africa to be booming – and yet it is.

Cape Town isn’t just a beautiful location with sparkling Atlantic waters and majestic mountains – not to mention the fantastic day trips and gourmet experiences that the city has to offer. It’s also a booming urban economy that looks set to surpass Johannesburg in new building permits this year.

The Western Cape is outperforming Gauteng in applications for new construction in 2022. This unprecedented performance would see the province become the largest and most dynamic property market in the country, despite rising interest rates and economic uncertainties.
Investor interest in new construction projects at this kind of scale indicates a huge amount of confidence in the Western Cape and the policies implemented by the local government over the years.

When buyers are willing to finance property purchases, they are typically taking a long-term view of the area as being stable, worth living and working in, and offering excellent long-term prospects.

Let’s take a look at some of the reasons why Cape Town has become the number one semigration choice for commercial property investors in South Africa.

The Western Cape becomes more appealing by the year

Cape Town and surrounding areas have always stood out for safety, cleanliness, welcoming communities, and good schools, in addition to the general positive trajectory that the province has been on for the past 20 years.

Despite the challenges that came with living through a pandemic, an electricity crisis and the state capture era, the Mother City has shown her usual resilience as the local government and business community work together to maintain standards in all aspects of life.
At a time when people living in other parts of South Africa have seen their quality of life diminish due to service delivery failures, rising crime, and a sluggish economy, the Western Cape’s stability and bright future prospects are attracting semigrants from all corners of the country.

With electricity independence and regional business ties between the province and foreign investors forming part of the government’s economic development strategy, Cape Town is becoming the exception to the bad news stories circulating around South Africa. Becoming part of that story by semigrating to the province, and joining the youthful population of entrepreneurs, knowledge, economy, workers, and world famous creatives is a great way to move onto greener pastures without leaving the country entirely.

Make the best move of your life to Cape Town with us – semigrate don’t emigrate

If you’ve been weighing up the pros and cons of relocating your business and family to Cape Town now may be the best time to make that call.

Business owners relocating to the Mother City can rely on our team of area specialists with decades of collective experience in the Cape peninsula to guide them in every aspect of office space rental, including finding the ideal location within the city, negotiating with the property owners, and helping to facilitate all the necessary setups that every business needs to succeed.

To get started on your new life and business in Cape Town, contact us today.