This guide outlines the key considerations and methods for individuals to cease their South African tax residency.
An overview of investment migration programmes available to South Africans who are looking into obtaining additional citizenship.
This guide breaks down the process of moving capital out of South Africa.
This guide outlines the differences between life insurance in South Africa and Singapore.
Be it in Africa, Europe or the Caribbean, expert speaker explores the top destinations for immigration and how best to gain residence and citizenship.
An insightful discussion of the difference in life insurance coverage available in South Africa and Singapore, including a comparison of the price and tax relief.
Exploring the new process of ceasing South African tax residency, including the changes that have come into play as of March 2021.
A closer look into the importance of having a Will, nominating guardianship for children and power of attorney for South Africans and other expats living in Singapore.
The Heritage Partnership specialises in bespoke, goals-based financial advisory for affluent, high net worth individuals, expats, family offices, trustees, charities and businesses. It is a Senior Partner Practice of St. James's Place, a leading wealth management group, with offices across the UK, and internationally in Singapore, Hong Kong and Mainland China. Founded in the UK in 1991, St. James’s Place was listed on the London Stock Exchange in 1997 and is now a FTSE 100 company with over £151.25 bn of funds under management, serving over 800,000 clients worldwide (as at 31 March 2022). St. James’s Place is one of Asia’s largest wealth management companies serving the local and international communities.
Your Trusted Adviser
A proud South African, Michael Booth holds a Degrees in Commerce, Financial Planning, and Financial Planning Law as well as UK and Singapore Certifications in Off-shore Wealth Management. Michael specialises in working with professionals and families on estate planning, investing, and personal protection insurance. Secondary to this, his focus lies in assisting SMEs and partnerships with their business continuity planning through buy-and-sell agreements and key-person insurance. Working closely with the South African community in Singapore, Michael is an Executive Board Member of the South African Chamber of Commerce in Singapore and is well-versed in South African taxes and Financial Emigration processes.
This collection of resources provided by St. James's Place Wealth Management is general communication provided for informational purposes only. It should not be relied upon as financial advice and it does not constitute a recommendation, an offer or solicitation. No responsibility can be accepted for any loss arising from action taken or refrained from based on this publication. All information presented herein is considered to be accurate at the time of production, but no warranty of accuracy is given and no liability in respect of any error or omission is accepted.
Please note that the value of an investment with St. James’s Place will be directly linked to the performance of the funds selected and may fall as well as rise. You may get back less than you invested.
Advice relating to tax involves the referral to a service that is separate and distinct to those offered by St. James’s Place and the Heritage Partnership.
The levels and bases of taxation and reliefs from taxation can change at any time. The value of any tax relief depends on individual circumstances. You are advised to seek independent tax advice from suitably qualified professionals before making any decision as to the tax implications of any investment.
The ‘St. James’s Place Partnership’ and the titles ‘Partner’ and ‘Partner Practice’ are marketing terms used to describe St. James’s Place representatives. Members of the St. James’s Place Partnership in Singapore represent St. James’s Place (Singapore) Private Limited, which is part of the St. James’s Place Wealth Management Group, and it is regulated by the Monetary Authority of Singapore and is a member of the Investment Management Association of Singapore and Association of Financial Advisers (Singapore). Company Registration No. 200406398R. Capital Markets Services Licence No. CMS100851. St. James’s Place Wealth Management Group Ltd Registered Office: St. James’s Place House, 1 Tetbury Road, Cirencester, Gloucestershire, GL7 1FP, United Kingdom. Registered in England Number 02627518.