Transcape Assurance Brokers | Offshore investments
15891
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Offshore investments

Do you think the Rand will lose its value vs the Dollar and would like to capitalise on the exchange? Would you like to send money overseas? Or would you like to invest your Rands into a Dollar fund that doesn’t change your annual foreign exchange allowance?

Whether you are wanting to get the benefit of the exchange rate, retire overseas, get the offshore exposure or are planning for your children to study overseas, we have the products and the expert advice that you need.

Minimum investment is $1500, and a minimum of $400 per unit trust. Please note that you will need to obtain a tax clearance certificate if you use more than your full R1 000 000 foreign investment allowance per year, available to South African citizens.

There is no mandatory amount of time to be invested in the funds, meaning that you can withdraw your money when you need it without penalties. The proceeds of your investment will be paid into any bank account in the world, as long as the bank account is in the name of the investor.

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