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The affordable, culturally rich country is an expat favorite. By Mary Anne Thompson, founder, and president, Goinglobal, Inc. South Africa is a middle-income country with 55 million residents. It is a melting pot of culturally, linguistically, racially and
South Africa is a middle-income country with a melting pot of culturally, linguistically, racially and religiously diverse people. The country offers an abundant supply of natural resources and has well-developed financial, legal, communication, energy and transport sectors. Its stock exchange is ranked among the 20 largest in the world. While South Africa is the most developed African economy, the international financial recession has slowed its economic progression.