South African taxpayers are allowed to externalise up to R10 million per annum. To do so, BACCI applies for tax clearance on your behalf and an offshore investment account can be opened within 3 days. With your instruction foreign currency is purchased at very efficient rates which gives you access to trade on almost all exchanges and most global mutual funds around the world. We do, however, advise that you first set up a meeting with our team, in order to construct the portfolio most appropriate to your circumstances and bespoke to your investment objectives and risk parameters.
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