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Beware of international estate duties when investing offshore

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Cape Town - More than ever, South Africans are looking into investing offshore - with protection from the weakening rand and the need for some buffering against an increasingly unstable economic climate being among the major drawcards.

Investing overseas also offers access to investment options and structures that are not available on the domestic market.

However, investing offshore is not without risks and the local investor should avail himself of all the facts before making a decision, cautions Coreen van der Merwe, managing director of Sovereign Trust (SA).

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