Non-residents inheriting money from South African estates
Key factors for non-residents inheriting money from South African estates: tax residency, emigration, and exchange control regulations.
offshore assets
Dollar strength: Focus on what you can control
Because of US dollar strength, we hope that lower US inflation will feed into lower rates and therefore a less buoyant dollar.
A Will is the key that secures your family’s future
Which is the crux of this article, because an estimated 70% of the South African working population do not have a valid will.
A valid will is the most important document you will ever sign
A will is one of the most neglected legal document. This is evident from the 70% of South Africa’s working population that do not have a valid will in place.
Reserve Bank eases exchange controls for loop structures – but there’s a tax catch, warns expert
The long-awaited relaxation of the rules relating to ‘loop structures’ has finally been announced and most SA residents may now invest in these structures.
What do you do when you inherit offshore assets?
What has, however, become more complicated is estate planning around both local and offshore assets for South African tax residents.
Why we continue to construct and advise offshore strategies
For more than 8 years now, Brenthurst Wealth has been advising a flexible global strategy invested across multiple geographies and asset classes.
Offshore assets and a will, what you need to know
If you have offshore assets – property or an investment portfolio – you may need an offshore will in addition to a South African will, for your local assets.