Divorce is a hard realities of life that often take longer than one or both parties reeling with the loss of home and hearth.
Whether you are sued for divorce is often a dirty business which is reflected in political parties, to the downgrading of lifestyles and in many cases, ownership of director general. In today's ever changing economic climate, it is often very difficult to recoup the lost ground. Recent statistics in South Africa show that while it is more common thannot the woman who files for divorce, but often the woman who comes up short financially.
The days of chivalry is long gone.
Gone are the times of the brave, now ex-husband left home, car and possessions at the prospect of ex-wife for the duration of the education of children. It is more likely that will consider the man a fair split 50/50 even if the woman is expected to house, feed, clothe and raise the offspring of the marriage.
Do dishesnot taken into account that forced the change in living habits refer to us as a result of divorce does not mean a man in the house. This in turn leads to a feeling of uncertainty that could change an environment and mean more spending. Have reduced in most cases the way divorce finances and agreed upon during your ex-maintenance with annual increases, it is often not sufficient to maintain the current standard of living and hard to enforce.
Security and"Semi-tion"
The vulnerability is apparent for many women in the statistics that show that while 7.3% of South Africans living in greater Cape Town, 16% of all divorced and live there. (AMPS 2005RA). Small coastal towns boast a high percentage of divorced and semigration "is fast on the new fashion as single women flock to the coast for safety.
By the influx of rich "up-country" Families flee Apart from the burden of rising crime, coastRegions of South Africa are also receiving more than their fair share of divorced and single women, since they no longer depend, to authorize her ex-husband, shirt tails, but feel and strokes on the lookout for their own safety and lifestyle for their smaller families.
The additional attraction for the purchase on the coast is that the property can be used, an attractive income gain if necessary, to. Whether you rent or tourism of continuous rental, a lock up is derived, and then go to theGarden Route has earned a perfect and "semigration" keeps rental services, moving companies and banks concerned and breathe fresh air into the sleepy tourist destinations.
The effect of the IT revolution on Divorced
"The IT revolution has enabled the mother to stay home and allow them to come as far in search of safety. Women in a divorce situation, know that security is a huge problem, and they are willing to downscale the quality of lifeand security. "- Sheena Maree, Sothebys International
Areas such as the Garden Route and Little Karoo will soon be a magnet for the women in these circumstances. Property is cheaper in cities like De Rust and Greyton, George and Aberdeen, and single mothers have the option of boarding schools and local schools nearby.
Thus it back onto the property ladder some divorced people spend one or two years working abroad to finance their investments, muchneeded cash injection. Nurses, nurses, radiologists and administrative workers are in high demand and can store up to five times what they paid in South Africa is a welcome boost to this lock is active and go into the picturesque Knysna!
A new niche market for property developers?
Real estate agent Deborah Scott of Pam Golding Properties in Knysna told her that she expects a change in the mortgage market, as more single women looking for entry-ownedLuxury and high security features for themselves after divorce.
High luxury apartments on the water appeal immensely divorce, child free women seeking safety in an attractive environment in the vicinity of airports in a city large enough to provide them with all necessities. I believe that the faces of those cities to be changed to cope with the trend. "
Could it be that we get a rush of reallocation of the property market seen in the coastal regionsRegion of South Africa as construction companies, banks and cash strapped municipalities lock on this growing niche market?
The Royal Eagle Investment Fund, based in George seems to be doing just that. Dutch Royal Eagle Property Fund PCC property is an unlisted property fund established in March 2007 in order to invest in direct real estate assets. They manage the funds in a variety of innovative property investment vehicles. The emphasis is, however, the direct investment inProperties in the Garden Route area, ear-marking development of high-density plots.
What are South Africa's long-term lenders about this erosion of this market?
Your mortgage could offer a first look at the major South African banks Divorced easy to master. Exactly. Nothing! But in the UK mortgage packages for divorced for a while now to for those who are financially dependent on their ex-partner. It allows you to receiveregular maintenance payments and / or self-employed get a loan in their own right and a range of delicious "add ons" that facilitate the transition from couple to individual offers.
Tax laws in South Africa are undermining marriage?
Understand what drives the high divorce rate in South Africa is difficult, but certainly could blame at the feet of the chairman of the government than our current tax laws be adopted to promote not only the marriage. Recent Online Article Statusthat the proportion of divorces is increasing with the interest rates in South Africa.
Take the simple right to income. Assets which will be jointly owned and any income as required of you for these amounts in each tax account - individually. Each spouse will be taxed at 50% of revenues.
This has similar permutations on Capital Gains Tax as well. The good news is that the proposed Civil Union Bill may result in theConcept of a marriage in community of property "are created in which common goods, fall away, but consider that it can not rely on the already married. This will hopefully encourage South African couples do not divorce for financial reasons!
It is time to take the reins and learn!
With motivational e-book sales on Finance Ranking high in the markets of women and recent books like "Suze Orman's Women & Money 'walk from the shelves of your mortgage can conclude only thatWomen want to learn about money and finances. For too long the domain of South African men and women were too often granted to those who keep the peace at home and not to ruffle feathers male.
Now it seems that wearing the shoe on the stiletto, red toe nailed the bottom of the latest market the new South Africa - the power is divorced!
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