Currency volatility and tax hurdles are among pitfalls of investing offshore
Rand-denominated options such as dual-listed or rand hedge companies on the JSE are the simplest vehicles
16 May 2021 - 16:41
Investing offshore is an essential ingredient in any wealthy individual’s overall portfolio — in tumultuous times it is crucial to have a diversified investment portfolio to hedge against risk.
However, for South Africans an offshore strategy can be fraught with potential complications, not least of which are currency volatility and tax hurdles, and choosing the most appropriate structure for a portfolio. It’s imperative to obtain expert advice and do it right from the outset...
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