With all the uncertainty in South Africa, everyone is looking for a safe solution to invest their money overseas.
There are 3 primary reasons for this – Wealth Preservation, a Plan B and Peace of Mind for them and their family. There is also the pure financial reason due to the Rand losing an average of over 6% against the USD every single year for more than 30 years (basically this means a 12% return in South Africa is like a 6% return in America in real terms).
So, if it was safe and simple then it seems a no brainer…
Unfortunately, more than 80% of people who invest overseas actually LOSE money as it is a lot harder than people think.