Ghana is the best place in Africa to invest in real estate because of the commitment of the government to slash down significantly the alarming housing deficit of over 1.7million, Kwabena Ampofo Appiah, Managing Director of State Housing Company has told investors in the United States of America.
According to Mr. Ampofo Appiah, the government has put in place tax policies as well as tax incentives particularly for young investors “And so there has never been a good time to invest in real estate in Ghana than now. The government can’t do it all without the support of private investors”.
He made the statement when he met groups of investors on the sidelines of the 2018 National Association of Realtors Conference and Expo which just ended in Washington DC, United States of America.
Touting the peaceful credentials of Ghana in the practice of its current democracy and a more easy way of accessing unencumbered parcels of land especially through State Housing Company, the MD said current laws and state institutions like the Ghana Investment Promotion Council were in place to protect the interest of the investor.
“You cannot do business in Ghana under this government and be skeptical. The laws are there to protect your investments”, he added.
The NAR 20I8 saw in its attendance Freda Prempeh, Deputy Minister of Works and Housing and representatives of Ghana Real Estate Professionals Association.
NAR advocates every day on behalf of America’s 1.2 million REALTORS® and 75 million property owners. NAR is widely considered one of the most effective advocacy organizations in the country.
Members of NAR have access to a wide array of benefits, business tools, real estate market data, educational opportunities, and discount programs designed to a member succeed in today’s market.