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Property for sale in Swaziland

1/ Capital: Lobamba

 

Is the traditional and legislative capital of Swaziland, seat of the Parliament and residence of the Queen Mother. It is located in the west of the country, in the Ezulwini valley, 16 km from Mbabane, in the district of Hhohho. Its population is 5,800.

 

 

2/ Country: Swaziland

 

Is a country located in Southern Africa, centred at approximately 26o49'S, 31o38'E. It is relatively small in area, similar in size to Kuwait. Swaziland is a landlocked country, bordered by South Africa on three sides except to the east, where it borders Mozambique.

 

3/ Property for sale in Swaziland

 

The Kingdom of Swaziland is thus one of the world's last remaining absolute monarchies. Swaziland is highly dependent on South Africa. The Government is trying to attract investors, but has largely failed due to corruption, mismanagement, and resistance to change.

Its political and social stability and imaginative economic policies indicate the future is bright for continued development of this small but highly successful independent kingdom.

Swaziland is in the same monetary area as South Africa and Lilangeni is equivalent to the South African rand, which is freely exchangeable throughout Swaziland.

All land in the Kingdom is considered held in trust by the King for his people. Non-residents may only apply for a lease through land-holding corporations with Swazis as directors. But land leases are unclear and uncertainty exists as to the details of land ownership rights. Real estate transactions by foreigners must be approved by the government.

Protection for patents, trademarks, and copyrights is currently inadequate under Swazi law. Swaziland has an intellectual property rights regime inherited from the colonial era, under which copyrights, patents, and trademarks were more or less protected under various acts promulgated by the colonial authorities. The Ministry of Justice, responsible for these concerns, has been working on improved laws.

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