Newsletter – September 2024 – Issue 147

The Rand is in a honeymoon period, but the clever people are saying its not going to last, so “make hay while the sun shines” and get your money offshore at these good rates. The overseas markets are still in positive territory, and it looks like its going to be a good finish for the year. I have just returned from Mauritius where I have had some meetings with Trust companies as we are in the process of setting up offices there. The mood is very positive and there is a lot of foreign capital being invested there.
The property sector is booming with plenty Saffers and European investors buying. Reasons for moving or investing there is:
1. Safety & Security
2. Friendly business and Investment atmosphere.
3. Friendly people
4. Excellent private healthcare
5. Excellent private schooling
6. Awesome weather.
7. Very low tax rates 3% – 5%
As we are heading down to Christmas, we are not going to fiddle much with the investments. We will do
our full reviews again in January.