"With our first-to-market solution, Investors utilise their South African offshore investment allowances to hedge and take disposable capital offshore, earn a USD based return, take advantage of the ZAR devaluation while we enable them to still make a 100% tax deductible local Section 12J investment” says Deon Lewis, CEO of Futureneers Capital, a registered Financial Services Provider and Venture Capital Company with more than R200m of 12J capital under management.
This groundbreaking hybrid USD/ZAR 12J solution, called “Futureneers Global Hedged One” really offers our investors the best of both worlds. We help set up an offshore family trust at a fraction of the normal costs and a surprising low annual fixed operation fee. Believe it or not, the structure already starts making sense should you wish to kick-off your offshore investment portfolio with as little as R500,000.
The offshore trust then has the option to choose from a carefully pre-selected list of offshore USD based high quality investment options, ranging from pure Global Equity, Structured Notes administered on the Sanlam Private Wealth Platform, to commercial medical niche property in the US - all delivering attractive USD targeted returns in addition to a Rand hedge.
The solution is rounded off by enabling Investors to make a local section 12J Investment, 100% funded by way of our SmartLoan solution secured by way of your local 12J shares and a portion of the overseas investment portfolio - no personal sureties required. Our local 12J investment portfolios have targeted annual IRR returns in excess of 20% taking into account dividends every 6 months and an upfront tax benefit of up to 45%.
Don’t lose out - the time to invest is now!
Foreign investment allowances for SA residents run according to calendar years and not from March to February like the annual tax period. With less than two months left of 2020, and the strong ZAR vs. the USD, now is the perfect time to offshore those discretionary allowances unused as a result of limited international travel due to the COVID-19 pandemic
Speak to us today to find out how to offshore R2m between you and your spouse before year-end.