{"id":1014,"date":"2022-01-21T12:03:36","date_gmt":"2022-01-21T10:03:36","guid":{"rendered":"https:\/\/machete.co.za\/machete-custom-theme\/?p=1014"},"modified":"2022-04-05T14:19:16","modified_gmt":"2022-04-05T12:19:16","slug":"cape-town-is-still-the-semigration-capital-of-south-africa","status":"publish","type":"post","link":"https:\/\/machete.co.za\/machete-custom-theme\/cape-town-is-still-the-semigration-capital-of-south-africa\/","title":{"rendered":"Cape Town is Still the Semigration Capital of SA"},"content":{"rendered":"

Cape Town is Still the Semigration Capital of South Africa<\/h3>\n

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Over the last decade, we\u2019ve seen a huge uptick in the number of South Africans choosing to emigrate or semigrate. While there has been much said about the former, less has been said about the latter \u2013 until recently.\u00a0But what is semigration, for those who may be unaware?<\/p>\n

Semigration, sometimes known as semi-emigration, is the act of relocating inside your own nation. While this term may lead one to wonder, \u201cIsn\u2019t that just moving?\u201d semigration is distinguished by the reasons for the relocation. They, like emigrants, expect that a change of place would lead to a better life; nevertheless, unlike emigrants, they believe that a better life may still be had inside South Africa.<\/p>\n

Those who want to semigrate do so in quest of a better quality of life away from the risks and tensions of city life. As a result, it\u2019s no wonder that Gauteng, particularly Johannesburg and its environs, has been the worst hit by the migratory trend. Concerns regarding the long-term physical and psychological impacts of urban stress have been exacerbated by a rise in crime events within the city. With this in mind, it\u2019s ironic that Cape Town, which the SAPS has called the country\u2019s most crime-ridden region, is such a popular destination for migrants.<\/p>\n

COVID-19 Driving Semigration to the Western Cape<\/p>\n

Many organizations have had to rethink how their workers work as a result of Covid-19, and they now enable their employees to work from home. Professionals are no longer limited to their city residences, but may live in a location that combines the best of both work and living worlds, allowing them to spend less time traveling to work and more time on what matters most.<\/p>\n

This has been further driving the semigration trend. According to Alexa Horne, managing director of Dogon Group Properties, while semigration to the Cape is not a new trend, the pandemic has increased the amount of people moving there, making it simpler for professionals to live, work, and play in their favorite province.<\/p>\n

The Cape\u2019s appeal has long enticed professionals who would formerly commute to Gauteng for employment during the week and return to their families in the Western Cape on weekends. The need of working away from home and commuting was a disadvantage and a reason why fewer individuals were migrating to the Cape.<\/p>\n

According to FNB commercial property finance economist, John Loos, in the short term, the Western Cape province may be the likely outperformer. This is based on his opinion that the Western Cape\u2019s capacity to recruit semigrant talents and buying power \u2013 both of which are critical for economic growth \u2013 has lately improved.<\/p>\n

\u201cThe Western Cape has been the most popular semigration destination for many years now, due to the perception of the province as having a great lifestyle coupled to significant economic opportunity. It has also been seen to be a region where provincial and local government is relatively well-run.<\/p>\n

\u201cAnd as time has passed, communication and information technology has enabled businesses and individuals to be more removed from the major economic hub of Gauteng,\u201d he said.<\/p>\n

James Vos, mayoral committee member for Economic Opportunities and Asset Management, says \u201cTargeting digital nomads as part of our overall destination marketing strategy will become part of the City\u2019s new international campaign when the time is right and when it is safe to do so.\u201d<\/p>\n

Further, the provincial administration of the Western Cape has made a formal request for the creation of a \u2018remote working\u2019 visa, which will allow overseas tourists to remain longer and work remotely while in the country.<\/p>\n

This means an appealing value proposition for investors, particularly those buying in Cape Town. Anecdotal evidence supports this: BetterBond, a mortgage originator, saw a 49% increase in the number of people looking to buy properties in the Western Cape in the first three months of 2021, compared to the same period last year. This should also revive the short-term letting market, otherwise known as the AirBnB economy.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Cape Town is Still the Semigration Capital of South Africa   Over the last decade, we\u2019ve seen a huge uptick in the number of South Africans choosing to emigrate or…<\/p>\n","protected":false},"author":1,"featured_media":1015,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[542],"tags":[],"class_list":["post-1014","post","type-post","status-publish","format-standard","has-post-thumbnail","category-property-marketing"],"yoast_head":"\nCape Town is Still the Semigration Capital of SA - Machete Marketing<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/machete.co.za\/machete-custom-theme\/cape-town-is-still-the-semigration-capital-of-south-africa\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Cape Town is Still the Semigration Capital of SA - 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