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Offshore trusts not only for the super-rich

How much do you need to have to start investing offshore?

Offshore trusts have long been regarded as the sole preserve of ultra-high net worth individuals, but the reality is that they compare favourably to local service providers in terms of investment and retirement trust options, says independent trust service provider Sovereign Trust SA.

Coreen van der Merwe, the Managing Director of Sovereign Trust SA, says South African consumers have significant misconceptions around the term ‘offshore’, which prevents them from fully exploring their retirement and financial planning options.

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