News Page: 9

SOUTH AFRICA

Monday, May 08, 2023

FINANCE

Retirement Planning in South Africa

Overview of South Africa's Pension Problem

South Africa faces a massive pension problem, with millions of citizens at risk of not having enough money to sustain themselves in retirement. The situation has been exacerbated by a variety of factors, including an ageing population, high unemployment rates, and widespread poverty.

The Impact of an Aging Population on the Pension System

As life expectancy in South Africa cont...

SOUTH AFRICA

Monday, May 08, 2023

DOING BUSINESS

South Africa's Comprehensive Strategy to Support Businesses: A Thorough Analysis

Introduction to the Government's Plan

The South African government has devised an extensive strategy aimed at providing much-needed assistance to businesses across the nation. This plan encompasses a wide range of measures, including financial support, policy reforms, and infrastructure investments, all designed to create an environment in which businesses can thrive.

Financial Suppor...

SOUTH AFRICA

Monday, May 08, 2023

FINANCE

Rand Strengthens Following US Interest Rate Decision

Overview

The South African Rand (ZAR) has shown notable resilience in the wake of the recent decision by the US Federal Reserve to hike interest rates. Market participants have closely monitored the situation, and the Rand's performance has exceeded expectations, reflecting the currency's robustness under pressure.

Background: US Federal Reserve Rate Hike

The US Federal Reserve recently announced its de...

SOUTH AFRICA

Friday, May 05, 2023

VISAS AND PERMITS

South Africa's New Visa Policies and E-Visa Program Expansion: A Comprehensive Guide

Introduction


The South African government has recently announced the introduction of new visa categories and the expansion of its e-visa programme to additional countries. This comprehensive guide aims to provide essential information about these policy changes and how they may impact travellers, expats, and businesses in South Africa.

Understanding the New Visa Categories

EXPATRIATES

Tuesday, April 18, 2023

VISAS AND PERMITS

The Emergence of Digital Nomads: How Advice Firms Can Adapt to the Growing Trend

Introduction

The 21st-century digital revolution has given rise to the digital nomad lifestyle, a rapidly growing trend where professionals work remotely while traveling the world. As this phenomenon gains traction, advice firms are increasingly expected to cater to the unique needs of these clients. This article will explore how advice firms can adapt to this growing demand and provide compre...

UK

Tuesday, April 18, 2023

FINANCIAL ADVICE

Inflation Impact on Wealth Transfer


A recent survey reveals that 62% of British citizens are concerned about the impact of high inflation on their ability to pass on wealth to future generations. With inflation rates reaching unprecedented levels, many families are re-evaluating their financial strategies to protect their legacy and ensure the financial stability of their loved ones.

In the face of rising inflation, the value of money is eroding, affecting the purchasing...

HMRC

Tuesday, April 18, 2023

LEGAL

Guernsey trust transfer investigation by HMRC finally ends after 20 years


We are happy to report that a 20-year investigation into the transfer of a Guernsey trust by the UK tax body HM Revenue & Customs (HMRC) has finally been closed. This lengthy ruling finally puts an end to the numerous legal challenges and appeals that plagued this case.

Background


This lawsuit originates from 2001, when a UK tax payer transferred assets from one Guernsey trust to ...

SOUTH AFRICA

Monday, April 17, 2023

DOING BUSINESS

Overview of the South African Economy

South Africa, as one of the most developed nations in Africa, is experiencing significant challenges amidst economic uncertainty. While the country has a diverse economy, it has been plagued by high unemployment, income inequality, and slow economic growth. However, there are still opportunities for businesses to thrive, provided they can navigate the current climate and adapt to a new environment.

Factors Contributing to Economic Uncer...

EXPATRIATES

Thursday, March 30, 2023

VISAS AND PERMITS

What is Portugals Golden Visa

Portugal's Golden Visa is a program designed to attract non-EU/EFTA nationals to invest in the country. The program was launched in 2012 and since then has been a fast way to obtaining a residency permit in Portugal. To be eligible for the Golden Visa, applicants must make a qualifying investment in one of several categories. These include a capital transfer of at least €1 million into Portugal, creating at least 10 job positions, purchasing proper...

MERGERS AND ACQUISITIONS

Thursday, March 30, 2023

NEWS

Nexus IFA and DFM Sold to Vintage Wealth Management

Vintage Wealth Management is a leading financial advisory firm that specializes in providing personalized wealth management services to individuals, families, and businesses. With a commitment to exceptional client service and a comprehensive approach to financial planning, Vintage Wealth Management helps clients navigate the complexities of wealth management and achieve their financial goals.

The company offers a range of ...