Investment Series

Part 1: The Basics of Offshore Investing

In our first letter of the series, we will cover `The Basics of Offshore Investments` and this will be our
foundation from which we will elaborate in more detail in the segments to follow.
We will shed some light on the topic by answering the following three questions with regards to
offshore investing:
1. Why invest offshore?
2. How to invest offshore?
3. What do I invest in offshore?

Part 2: The Optimal Structures for Offshore Investment

The first part of our offshore investment series dealt with the How and Why. Investing offshore is not
only essential to your portfolio, but also an incredible diversification opportunity. In this edition, we
consider the optimal structures for offshore investment, as well as the tax consequences and implications at the time of death.

Part 3: 1. Investment Options

Welcome to the third part of our investment series. As a recap, part one of the series looked at the basic
considerations or offshore investments; why investing offshore and how to externalise funds. Part two of the
series had a closer look on methods how to hold an offshore investment after funds were externalised.
Considerations provided for holding offshore investments in your personal name, trust, SA company and life
wrappers were among the options discussed.

Part 3: 2. Investment Options

In our 3rd topic of our offshore investment series, part 1, we discussed various implementation methods of an
investment strategy. Investment strategy is the outcome of an appropriate asset allocation based on the
desired outcome required to meet an investment objective. Please take comfort that our financial adviser will
guide you through a detailed asset allocation process, build on client specific risk.

Part 4: Tax considerations

In previous editions of this investment series, we touched on certain tax and estate planning aspects that need to be considered when investing offshore. In this edition, we will shed more light on tax residency, how situs assets are identified and taxed, recent amendments to ‘financial’ emigration and ceasing to be a tax resident.