We assist clients in taking part of their discretionary money offshore for diversification purposes. The global markets offer more investment opportunities than can be found locally. Investment Facilitators has access to some of the best fund managers in the world including, Orbis, Investec, Marriott, Black Rock and many others.
Making the appropriate investment choice requires a great deal of research and expertise, and there can be a substantially greater risk involved, and therefore may not be suitable for every investor.
Many of the investment companies are not present in South Africa and the only way to invest in some of the best-performing funds in the world is by making use of the foreign investment allowance.
SA RESIDENT TAXPAYERS CAN REMIT THE FOLLOWING AMOUNTS PER CALENDAR YEAR:
R1 million Discretionary allowance (DA)
R10 million Foreign Capital allowance (FCA)
Foreign Tax Clearance Certificate (FTCC) required ONLY for FCA)
FCS is valid for 12 months from date of issue
© 2020. BY DAVID MASON
NUSS CC T/A INVESTMENT FACILITATORS
TEL 072 7295 820