Offshore ownership solutions
South Africa is both an expensive and risky place to hold assets. If a person was to perform an analysis of many jurisdictions, taking account of political risk, infrastructure, and taxes and other regulatory impositions, we are confident they would find that South Africa does not recommend itself as a favourable asset base.
For this reason, many people are looking to spread their wealth globally to ensure they are not overly invested in South Africa.
Offshoring wealth in an efficient manner requires navigating not only exchange control considerations, but also a raft of other regulatory concerns, including:
● Tax considerations
● B-BBEE, etc.
● Investment efficiency
Further, in the modern world, structures also need to accommodate novel asset classes such as cryptocurrencies.
It is important to move funds offshore in an efficient manner, using pre-planned structures that do not lead to unnecessary tax leakage or other costly regulatory missteps.
Our team has significant experience in structuring and offshoring wealth in a manner that ensures funds are accessible, but that the structure is flexible enough to meet the challenges of the future.
Solutions
Corporate Transactions
Financial Instruments