SA Investors: Don’t Buy US Shares Directly Offshore Until You Watch This

Nozi explains a key estate-planning risk for South Africans who invest directly offshore into US shares or US ETFs: those US-based assets can fall into the US estate tax system on death, with a low $60,000 threshold and potential tax rates up to 40%, which can create delays, extra paperwork, and costly legal and tax processes for heirs. She contrasts this with using South African offshore ETFs listed on the JSE, which can provide global and US market exposure with simpler administration and fewer estate complications, and warns against overcomplicating portfolios with duplicated ETFs and too many accounts. For those who still want direct offshore investing, she notes options like investing via jurisdictions such as Ireland and using European UCITS ETFs (e.g., Vanguard S&P 500 UCITS, VUSA) to reduce these issues, and advises getting professional tax and estate-planning guidance.

00:00 Welcome and Warning
01:43 Situs Tax Basics
02:49 US Threshold and Rates
03:49 Double Tax Myth
05:11 Offshore Exposure Options
06:34 JSE Offshore ETFs Simplicity
07:30 Avoiding Complexity Pitfalls
08:38 Direct Offshore Without Situs
10:04 Key Takeaways and Advice
11:27 Disclaimer and Wrap Up
12:06 Like Subscribe and Next Steps

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Видео SA Investors: Don’t Buy US Shares Directly Offshore Until You Watch This канала Talking Money With Nozi