Tax Migration Traps, Offshore Trusts & Cross-Border Inheritances
From Solving The Riddle Podcast · 31:21
Show by Alec Riddle & Andrew Whitewood
In this episode of Solving the Riddle, Andrew Whitewood and Alec Riddle are once again joined by Lauren Marsh (Walker) from Currency Partners to unpack the realities of moving money offshore, tax emigration, and cross-border estate planning. Lauren shares how updated Reserve Bank rules allow direct transfers into offshore trusts, why ceasing tax residency triggers unexpected exit taxes, and how children living abroad can unknowingly create tax and inheritance complications. Key Topics Covered:· Offshore Structuring: Using Reserve Bank approvals to transfer funds directly into offshore trusts. · Tax Emigration Traps: The 3-year RA withdrawal rule and triggering unexpected CGT exit taxes with SARS. · Expat Family Risks: Why a SA birthplace on a passport creates tax residency obligations for heirs abroad. · Cross-Border Inheritances: How to receive foreign funds without losing money on double currency conversions. · Foreign Currency Accounts: Utilizing FCAs locally to lock in exchange rates and lower transfer fees. · Cyber Security & AI: Protecting global payments from fraud and using internal AI to streamline exchange control. Connect & Engage· Follow the Show: Hit Follow on Apple Podcasts, Spotify, or your favorite podcast app so you never miss an episode.· Share: Know someone with family abroad or navigating offshore investments? Share this episode with them!Disclaimer: Educational content only, not formal financial or tax advice. Consult a qualified advisor for personalized guidance. Follow our personal accounts:@alecriddle @andrewwhitewood THE INFORMATION SHARED IN THIS PODCAST IS FOR INFORMATION PURPOSES ONLY AND DOES NOT CONSTITUTE FINANCIAL ADVICE IN ANY WAY OR FORM. IT IS IMPORTANT TO CONSULT A FINANCIAL PLANNER TO RECEIVE FINANCIAL ADVICE BEFORE ACTING ON ANY INFORMATION SHARED.
More episodes of Solving The Riddle Podcast
More episodes
- Are South African Retirees Heading for a Financial Cliff?
- Investing for your Children: TFSA vs. RA vs. Unit Trusts
- Is Your Money Actually Safe in an ETF? (The Truth About Passive Investing)
- Q&A: Saving Millions in Retirement Tax, Reg 28 & TFSA Secrets
- Start Investing Today: Lessons From the Budget Speech
- How Much Is Enough?
- Unpacking Hedge Funds in Financial Planning
- The Hidden Flaw in Bank Tax-Free Accounts
- Cracking the Retirement Code & The Just Retirement Survey Results
- Investment Lessons from the Comrades
PodSearch is a free, independent podcast search engine. Read about PodSearch, the privacy policy or contact us.