International Endowment
Invest for the long-term and benefit from lower tax rates as a high-net-worth individual. Plus, you can use your endowment for estate planning.
Some of the benefits
Tax benefits
Tax administration is handled by FSP on your behalf
No Grant of Probate required
No Grant of Probate / Letter of Executorship is required to administer an estate
Less admin
Funds are paid directly to your beneficiaries in the event of death
Use for estate planning
Situs tax is rendered invalid via an endowment
What you get
- Global diversification across global sectors and industries
- Multi currency investments
- Approved fund range
- No executor fees when beneficiary is nominated
- No Grant of Probate required. A Grant of Probate in Jersey is the equivalent of a Letter of Executorship in South Africa. Situs is negated via an endowment. Estate duty is a situs tax and is levied on South African tax residents (on a worldwide basis) or on non-residents (on their SA-situated assets) at a rate of 20% / 25%. Many countries levy situs taxes, including Spain, France, US, UK, Greece, and Ireland. Often the situs taxes in these jurisdictions are substantially higher than SA estate duty, and even more daunting, a credit may not readily be available for situs taxes paid offshore
- Access to a team of skilled support services to partner in your international investment journey
What it cost
The fee for this investment will encompass:
- platform fee
- advice fee
- fund charge
These are dependent on a range of factors and will be discussed with you by an accredited financial adviser.
Support services
- Investment Specialist
- Risk Specialist
- Legal Specialist
- Wills and Trusts Specialist
- International Fiduciary Specialist
- Fx Specialist
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What you get
-
What it cost
-
Support services
- Global diversification across global sectors and industries
- Multi currency investments
- Approved fund range
- No executor fees when beneficiary is nominated
- No Grant of Probate required. A Grant of Probate in Jersey is the equivalent of a Letter of Executorship in South Africa. Situs is negated via an endowment. Estate duty is a situs tax and is levied on South African tax residents (on a worldwide basis) or on non-residents (on their SA-situated assets) at a rate of 20% / 25%. Many countries levy situs taxes, including Spain, France, US, UK, Greece, and Ireland. Often the situs taxes in these jurisdictions are substantially higher than SA estate duty, and even more daunting, a credit may not readily be available for situs taxes paid offshore
- Access to a team of skilled support services to partner in your international investment journey
The fee for this investment will encompass:
- platform fee
- advice fee
- fund charge
These are dependent on a range of factors and will be discussed with you by an accredited financial adviser.
- Investment Specialist
- Risk Specialist
- Legal Specialist
- Wills and Trusts Specialist
- International Fiduciary Specialist
- Fx Specialist