When it comes to foreign investment, it can be confusing as to what and what’s not allowed. In fact, being a beneficiary of an offshore trust was highlighted in the 2016 budget – what happens to your overseas money when you die? There has been significant changes with regards to overseas funds and how SARS treats you if you’re a South African tax payer. Well, Paul Nicholson from St James Global gives you the answers as well as an introduction to investing money offshore. St James Global is an Authorised Financial Services Provider.