<%@LANGUAGE="VBSCRIPT"%> Quality Developments Ghana Ltd

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  Financial

Ghana has a strong and expanding economy. The average annual rate of growth in the past five years has been about 6%, while inflation has dropped (by 0.59%) in October 2008 to 17.30% and unemployment at around 11%.

The currency is decimal with the Ghana New Cedi as the basic unit that breaks down into 100 Pesewas. Visitors to Ghana can import any amount of Ghana New Cedis or foreign bank notes. however they must declare their Cedis and foreign bank notes to customs on arrival. This is for funds they wish to deposit with banks in Ghana, re-export, or for the purchase of goods or immovable property on the island.

Our sales team are happy to talk you through the financial process of purchasing a new property. We can, if required put you in touch with companies offering commission free transfer of international currency and competitive mortgages at up to 70% of the property purchase price. We will also help you to open an external sterling or United States dollar bank account in Ghana.

We will provide, if required, a bank guarantee as security towards the purchase of property until the issue of the title deed. The relevant cost will be borne by the purchaser.

Comprehensive insurance against fire and associated hazards is provided by us, until the title deeds are transferred to the owners. We can also arrange insurance for the contents of your property.

Please contact us for more detailed financial information
, should the need arise.

 

 

 

 

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