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Weak economic conditions and political instability has almost become the new normal in South Africa. It is thus causing a very volatile rand and uncertainty in the future of South Africa. So how can you as a professional investor hedge against uncertainty? Since we can’t predict precisely what the future holds, investing in offshore remains a vital diversification building block to investors’ portfolios. Overseas property investments will help you to safeguard your Rand value.
How much can a South African invest offshore? South Africans are allowed to take a maximum of R10 million a year offshore if they have been granted a SARS tax clearance certificate to move money abroad. Without this tax clearance certificate, you can only send a maximum of R1 million out of South Africa into your foreign bank account each year.
Latest Property Investment Opportunities
see the offshore property investment details here