Asset emigration: Live in sunny SA while earning global returns

CAPE TOWN – Investing offshore has nothing to do with patriotism. In the recent past, articles speaking about financial emigration and “rushing offshore” have painted a picture of Afro-pessimists and skittish investors.

Nothing could be further from the truth, says Iza Wealth Director, John Rose.

Rather, asset emigration is where you live in South Africa, but your assets, or balance sheet, live abroad, with exposure to hard currency and some of the biggest blue-chip stocks in the world, such as Coca-Cola, Nintendo and Disney.

Read more at Business Report

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