Geriatrix
Executive Member
http://www.moneyweb.co.za/mw/view/mw/en/page84?oid=174278&sn=Detail
This article got me thinking, do any of you know of a way to personally invest in investment products overseas(not local products with overseas shares) with more modest sums of money?
Is there a way to say invest in an Aus index tracking fund in Australia without physically living there? And if its possible, what would the TAX implications be?
A recently-published score sheet by the Chubb Group of Insurance Companies on investment risk in resources-rich countries ranks South Africa in a lowly 18th place, of 32 countries surveyed. It's not that African countries don't make the grade; South Africa ranks behind Zambia, Tanzania, Mauritania, Ghana, Botswana and Namibia. Not only that, for while Sweden tops the list, which may not surprise, Namibia is placed a solid second. Then again, one of Namibia's neighbours, Angola, ranks 30 of 32 countries named.
This article got me thinking, do any of you know of a way to personally invest in investment products overseas(not local products with overseas shares) with more modest sums of money?
Is there a way to say invest in an Aus index tracking fund in Australia without physically living there? And if its possible, what would the TAX implications be?