Offshore Investment Specialist

18/12/2020

South Africa’s biggest pot of available cash – R1.91 trillion of civil-servant pensions and unemployment funds managed by the Public Investment Corporation – is emerging as the key to rescuing the debt-stricken national power monopoly.

26/08/2020

6 Important Planning Steps
From a practical perspective, seeing the system operate on a daily basis, the following should be considered:
• The chickens are coming home to roost for those who have decided to ignore the financial emigration process or the advisors who have advised clients against this for their personal agenda.
• Get an immediate view on your policies and status. This is something almost all advisors will do for free.
• Make sure you are KYC compliant on your policies so there are no delays in encashment of your retirement funding, once you have the approvals.
• Get a forex facility and the relevant approvals in place, especially where you wish to send more than R10 million abroad. This should be commenced immediately.
• Determine the tax implications before instructing the withdrawal, thus always making informed decisions.
• Properly look at your options of offshore investing.

On 31 July 2020, the Draft Tax Law Amendment Bill (TLAB) contained a hidden announcement, which may prove to be the final straw for many ex-South Africans who still have retirement investments left in South Africa, notes Jonty Leon, legal manager at Financial Emigration.

07/07/2020

Investing offshore has to be a major part of your strategy in SA right now.

A recent presentation by a top financial planner highlights that if you’re concentrating on South Africa’s markets, you’re going to lose out on investment returns and global growth.

02/06/2020

By now, most of you who ever worked in the UK for a number of years have been approached to have your pension transferred to a more tax-efficient jurisdiction. Unfortunately, most of you have used the first company that offered you this service and now you have a QROPS or a SIPP that hardly gets any growth and the costs are killing your investment.

If in doubt, ask Edge Advisory Services for a free analysis and advice going forward. A second opinion never hurt anyone!

Firstly there is the cost of the pension company and the trustees that manage it. Then there are the costs of the platform, which is where unscrupulous people are able to charge enormous upfront fees that you continue paying for many years.

Beware of the companies that have a high turnover of staff and you seem to get a “new” broker looking after your investment every 6 months.

You can negotiate a reduced upfront commission for a reasonable ongoing trail commission.

Some brokers and companies encourage the use of “structured notes” that offer fixed growth coupons at seemingly favourable rates with a capital back guarantee (only if certain objectives are met). Some of these look good, but in reality you could be in serious trouble.

For those of you who have had bad experiences elsewhere, unfortunately we can’t fix the damage they have done, but we can set it right and grow your investment from this point forward.

For more information, call Rob Koch on 041 373 0384, or email on [email protected].

12/05/2020

https://www.linkedin.com/pulse/silver-linings-rob-koch

NOW is a good time to convert to Tax-Efficient Structures. A lot of people are sitting with unwrapped share portfolios, both local and offshore.

20/03/2020

Live statistics and coronavirus news tracking the number of confirmed cases, recovered patients, and death toll by country due to the COVID 19 coronavirus from Wuhan, China. Coronavirus counter with new cases, historical data, and info. Daily charts, graphs, news and updates

20/02/2020

There seems to be a lot of uncertainty around financial emigration and the new legislation that has recently been passed. Please contact me directly with any specific questions you may have.

15/01/2020

Choosing the right offshore structure is as important as the funds you invest in. Are you making the right choices?

It's all about making the right choices! The following is a summary of what is involved in offshore investing and how to correctly choose the right products, in the right jurisdictions to suit your risk profile and aims and objectives. This means a number of very specific choices need to be made bef

09/01/2020

Only 24% of companies that filed tax returns made any profits during the 2019 tax year.

12/11/2019

Why mutual funds (unit trusts) are better than stocks (shares)?
Stocks are riskier than mutual funds. By pooling a lot of stocks in a stock fund or bonds in a bond fund, mutual funds reduce the risk of investing. ... This lowers the risk, thanks to diversification. For that reason, many investors feel that mutual funds provide the benefits of stock investing without the risks.

The same goes for the money market. By pooling multiple and varied money market accounts from multiple banks, you can get a better overall return without having to stipulate a term of a year or more! The money is available immediately!

At the moment, SA income funds are using a combination of the above to produce a growth rate of 12% plus! Call Rob or Dorothy on 041 373 0384 for more information.