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Don't underestimate South Africa's wealth market

from CFA Institute Enterprising Investor

South Africa is renowned for its stunning landscape, spectacular wildlife, vibrant cities, and epic political history. But these days the country is also a hotspot for luxury apartments, hotels, retirement estates, and second homes. In fact, 40,400 high-net-worth individuals (HNWIs), with combined wealth holdings of $171 billion, call South Africa home, according to Research and Markets’ South Africa 2017 Wealth Report. more

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