South Africa

About Alexander Beard – South Africa

Navigating your wealth across borders can be complex but with the right guidance, it becomes a strategic advantage. Whether you’ve built your wealth overseas, in South Africa, or both, we specialize in creating a Global Plan that connects your overall financial picture. We take the time to understand your goals, residency plans, and cross-border obligations, allowing us to craft a holistic strategy that keeps your journey financially secured.

Whether you are emigrating, immigrating, or working overseas on a fixed-term contract, you may have left behind investments that carry certain tax advantages in one country but not in another. These mismatches can create complexity, inefficiency, and even unexpected tax liabilities. We offer a number of tailored solutions to help you restructure or reposition these assets so your wealth continues working efficiently, no matter where life takes you.

Our approach focuses on aligning your investments, pensions, and savings across jurisdictions while using smart tax-deferral strategies to optimize global efficiency. Continuing management of your South African retirement planning, to minimizing double taxation and foreign withholding taxes, we ensure your plan is not only compliant but designed to grow and protect your wealth.

For example:

If you are British You may have heard the term ROPS – Recognized Overseas Pension Scheme. A ROPS is a UK-approved vehicle that allows you to transfer your UK pensions overseas; this is not currently available if you live in South Africa, but we can offer ongoing management and investment advice on your UK pension fund, through our SA offices in Cape Town and Jo’Burg.

If you are a USA citizen and have left behind a 401K or an IRA, then you may find some US pension providers will not want to continue holding your account. We have a legal, tax efficient solution with respected US providers.

If you are Irish, Australian or Canadian: Our offices in Dublin, Perth and Toronto respectively can continue to look after any local investments and pensions left behind, as well as providing expert advice on releasing assets from SA whilst meeting the government exchange control regulations and ongoing tax reporting.

Important information

Alexander Beard RSA (Pty) Ltd trading as Alexander Beard. A registered Financial Services provider by the Financial Services Conduct Authority FSP 11599.