How to hedge against volatility with overseas investments – Julian Adshade from Sable International

Amid the mounting political uncertainty in the lead-up to the 2024 elections, coupled with the persistent volatility of the Rand and unsettling discussions on the term 'failed state,' South African investors are increasingly turning their gaze towards foreign shores in pursuit of financial security. Julian Adshade from Sable International says that the depreciation of the Rand stands out as the primary impetus driving South Africans to contemplate offshore investments. The Rand, he said, has depreciated 6.5% per annum against the dollar since 1994. Furthermore, the looming political risks associated with the upcoming elections and the notion of securing assets abroad for the benefit of future generations contribute to the growing discourse on safeguarding funds by investing them overseas. During this interview with BizNews, Julian Adshade delves into the advantages of offshore investments for South Africans, explores the various investment vehicles worth considering, and provides insights into the potential tax implications of overseas investments. Learn more about your ad choices. Visit megaphone.fm/adchoices