[SPONSORED] Different countries have different legal and investment processes that must be considered. Sable_Intl Moneyweb investing finance
Judging by the level of inquiries being fielded by Sable International, South Africans are nervous about the future of the country and want to have a Plan B in place. For them, emigration is top of mind. Others want to retire in a different country, while some want their children to have an overseas education.
Tom Barlow, group commercial director at Sable International, points out that investing abroad begins with an understanding of the basics. “There’s a huge amount of inquiry from people exploring moving abroad. It still amazes me how people are hiring investment professionals to guide them in this process, but these professionals very often do not consider the basics. It’s very different if you want to invest in the UK, Australia or the US.”
“That reflects changing economic realities, which are realities that occur all over the world. Those realities are unique to each jurisdiction, and you need to have knowledge of on-the-ground conditions and the difference in laws, costs of living and the investment process. Investment advisors operating from SA often do not have that level of knowledge.”Answering these questions will determine the next step in the process.