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From: Tony Lane
Hi,
Would like to ask for your expert advice. A friend of mine is currently in the process of
selling their home and have received an offer from a South African couple (who
have a "Business Visa"). Their terms are acceptable, however their
offer is subject to the "approval by the Foreign Investment Review Board".
Does anyone know:
1. How long the Review Board usually takes to approve this type of
application?
2. What are the requirements of the Review Board to approve such
applications?
3. What percentage of applications are approved by the Review Board?
Are there any other points to be aware of?
Assistance is greatly appreciated.
Thanks,
TL
Hi,
Would like to ask for your expert advice. A friend of mine is currently in the process of
selling their home and have received an offer from a South African couple (who
have a "Business Visa"). Their terms are acceptable, however their
offer is subject to the "approval by the Foreign Investment Review Board".
Does anyone know:
1. How long the Review Board usually takes to approve this type of
application?
2. What are the requirements of the Review Board to approve such
applications?
3. What percentage of applications are approved by the Review Board?
Are there any other points to be aware of?
Assistance is greatly appreciated.
Thanks,
TL
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