International Endowment
Invest for the long-term and benefit from lower tax rates as a high-net-worth individual. Plus, you can use your endowment for estate planning.
Some of the benefits
Tax benefits
Tax administration is handled by FSP on your behalf
No Grant of Probate required
No Grant of Probate / Letter of Executorship is required to administer an estate
Less admin
Funds are paid directly to your beneficiaries in the event of death
Use for estate planning
Situs tax is rendered invalid via an endowment
What you get
- Global diversification across global sectors and industries
- Multi currency investments
- Approved fund range
- No executor fees when beneficiary is nominated
- No Grant of Probate required. A Grant of Probate in Jersey is the equivalent of a Letter of Executorship in South Africa. Situs is negated via an endowment. Estate duty is a situs tax and is levied on South African tax residents (on a worldwide basis) or on non-residents (on their SA-situated assets) at a rate of 20% / 25%. Many countries levy situs taxes, including Spain, France, US, UK, Greece, and Ireland. Often the situs taxes in these jurisdictions are substantially higher than SA estate duty, and even more daunting, a credit may not readily be available for situs taxes paid offshore
- Access to a team of skilled support services to partner in your international investment journey
What it costs
The fee for this investment will encompass:
- platform fee
- advice fee
- fund charge
These are dependent on a range of factors and will be discussed with you by an accredited financial adviser.
Support Services
- Investment Specialist
- Risk Specialist
- Legal Specialist
- Wills and Trusts Specialist
- International Fiduciary Specialist
- Fx Specialist
-
What you get
-
What it costs
-
Support Services
- Global diversification across global sectors and industries
- Multi currency investments
- Approved fund range
- No executor fees when beneficiary is nominated
- No Grant of Probate required. A Grant of Probate in Jersey is the equivalent of a Letter of Executorship in South Africa. Situs is negated via an endowment. Estate duty is a situs tax and is levied on South African tax residents (on a worldwide basis) or on non-residents (on their SA-situated assets) at a rate of 20% / 25%. Many countries levy situs taxes, including Spain, France, US, UK, Greece, and Ireland. Often the situs taxes in these jurisdictions are substantially higher than SA estate duty, and even more daunting, a credit may not readily be available for situs taxes paid offshore
- Access to a team of skilled support services to partner in your international investment journey
The fee for this investment will encompass:
- platform fee
- advice fee
- fund charge
These are dependent on a range of factors and will be discussed with you by an accredited financial adviser.
- Investment Specialist
- Risk Specialist
- Legal Specialist
- Wills and Trusts Specialist
- International Fiduciary Specialist
- Fx Specialist
YOU MAY BE INTERESTED IN
Managing your money
27 Jun 2025
Seafarer Bank Account offers more than just banking
Have you ever struggled to access your salary while docked in a new port? For yacht crew, banking isn’t just about getting paid – it’s about managing your money when you have a global lifestyle.
Saving and Investing
5 Jun 2025
Why diversify using international Structured Products?
If you’re managing your finances across borders, you already know how challenging it is to stay ahead of volatile currency markets, shifting geopolitics, and fluctuating markets. These aren’t just theoretical risks – they’re part of your everyday financial reality.
Saving and Investing
2 Apr 2025
Diversify your portfolio with international structured products
If you live in a country with a weak currency, then you would probably see the sense in taking money offshore to store and invest in a major currency. The overriding benefit of this move is that your international buying power won’t be eroded because your currency is devaluing against the likes of the US dollar, pound sterling or euro.
Estate & Succession Planning
1 Apr 2025
Selecting the right trustee
Author: Michael-Pierre Giraud, Head of Fiduciary Services, Jersey
Estate & Succession Planning
31 Jan 2025
A question of capacity
With incapacity issues on the rise, what can trustees do to mitigate against, and manage the impact of, a settlor or other key person's incapacity (and the possibility of undue influence) on existing and new trust structures? This article considers some scenarios that a trustee may face in this context along with guidance provided by case law and offers some practical suggestions.
Estate & Succession Planning
23 Jan 2025
Disruption eruption
Jaco Van Jaarsveld TEP, Head of Fiduciary Services, Mauritius, outlines the digital innovation and transformation made in the Asia Pacific region in recent years
WE ALSO OFFER
International bank accounts
Open an international bank account today to support your global lifestyle and wealth management.
Low maintenance investments
Take a longer term, low-risk approach to your investments with funds that deliver more dependable returns.