Offshore Investment

DIVERSIFY OFFSHORE

FOR BETTER RETURNS
& LONG-TERM WEALTH CREATION

OFFSHORE investing has been a cornerstone of the Brenthurst Wealth strategy over the past years. Investors who did not increase their offshore investment exposure in recent years have suffered a tremendous opportunity cost and in some cases, particularly over one, two and three years, have not seen any real increase in the real value of their investments in rand terms.

Many South African investors are asking whether there is any benefit to investing offshore now that the domestic economy seems to be on the upturn.

Clients of Brenthurst Wealth will be well aware of our long-standing investment strategy of increasing offshore exposure across all our portfolios. Offshore diversification has long been an underlying theme in our investment portfolios, which was accelerated from about 2010 onwards.

At the time our investment approach was met with substantial resistance, but the events since then, as well as the relative investment performance over the past years, has vindicated this position and has added considerable wealth to our clients.

Investors who added offshore diversification to their portfolios are today considerably better off than those who did not.

Brenthurst Wealth considers offshore diversification integral to long-term wealth creation and offers a range of investment funds across all asset classes.

Investors who added offshore diversification to their portfolios are today considerably better off than those who did not.

Brenthurst Wealth has access to some of the best fund managers in the world including Templeton, Orbis, Investec and many others.

Many of the these 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.

Brenthurst also makes use of local asset- swap investment portfolios for investors and entities who do not wish to make use of the foreign exchange allowance.

brenthurst offshore allowance services 

Despite the relative strengthening of the rand versus the US dollar and other major currencies, we do not see this as a major turning point in the fortunes of the local currency. We see it rather as a temporary reprieve from further currency weakness and will be using this period of relative strength to add to our offshore portfolios on behalf of our clients.  

Annual foreign allowances remain unchanged for South African resident individuals in terms of the South African Reserve Bank and South African Exchange Control Regulations,

We, at Brenthurst Wealth Management can assist you by applying for your FTCC in respect of the Foreign Capital Allowance.  

We offer favourable and competitive market rates allowing you to take advantage of this opportunity now allowing you to obtain clearance in early 2019 for use as and when you need want to transfer funds offshore.

In order to take advantage of this opportunity now, kindly reply to this mail in order to start the process.  One of our consultants will get in touch with you shortly

 

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