Foreign Exchange Consultants

OFFSHORE investing

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.

Contact our Forex Consultants for the best rates.

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 2021 for use as and when you need want to transfer funds offshore.

Forex Hours:

We operate on all
South African business
days from 08:00 to 17:00

Foreign Exchange Consultants:

Suzean Haumann
+27 83 270 0417
Yolande Butchart
+230 5830 3682
Karen Munodawafa
+27 78 616 8400

Suzean Haumann

Yolande Butchart

Karen Munodawafa

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

JOHANNESBURG

FOURWAYS

+27 (0)11 799 8100

Unit 2B
Cedar Office Estate
Cedar Road & Stinkwood Close
Fourways

JOHANNESBURG

SANDTON

+27 (0)10 035 1391

Suite 31, Second Floor
Daisy Street Office Park
135 Daisy Street
Sandton

PRETORIA

ERASMUSKLOOF

+27 (0)12 347 8240

Block E
Castle Walk Corporate Park,
Cnr Nossob & Swakop Street
Pretoria

CAPE TOWN

GRANGER BAY

+27 (0)21 418 1236

The Waterclub
Nautica Building
Beach Road
Granger Bay

CAPE TOWN

CLAREMONT

+27 (0)21 100 3901

Suite 518
Protea Place
40 Dreyer Street
Claremont

BELLVILLE

TYGER VALLEY

+27 (0)21 914 9646

Waterfront Terraces 2
Tyger Waterfront
3 Waterfront Road
Bellville

Stellenbosch

CENTRAL

+27 (0)21 882 8706

First Floor
La Gratitude Offices
97 Dorp Street
Stellenbosch

Paarl

VAL DE VIE

+27 (0)21 100 3901

Polo Village Office A309
Val de Vie Boulevard
Val de Vie Estate
Paarl

Garden Route

GEORGE

+27 (0) 44 050 6057

Collett Square
32 York Street
George South
Garden Route

Mauritius - SOUTH

BLACK RIVER

+230 484 2175
+230 5843 5215

La Balise Business Park
Office Block B, A3 Royal Road
Grande Rivière Noire,
Mauritius, 90601

Mauritius - NORTH

GRAND BAIE

+230 260 1738
+230 5843 5215

Suite 005
Grand Baie Business Park
Grand Baie
Mauritius, 30515

BRENTHURST SATELLITE OFFICES

KWAZULU -NATAL: Arin Ruttenberg | +27 84 582 8581
FREE STATE: Iniel Van Zyl | +27 72 298 3212
MPUMALANGA: Marise Reinach | +27 72 795 3604
NORTH WEST: Maria Smit | +27 79 696 6860

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