south african uhnwis: Guernsey - The jurisdiction of choice
50 YEARS
150 TRUST PROVIDERS
A global finance centre with a 50-year tradition of providing specialist wealth management services.
Breadth and depth of experienced professionals in fiduciary, investment management, tax, and legal services.
FOREMOST IN FAMILY OFFICE
SAFETY AND SECURITY
The jurisdiction of choice for sophisticated clients and their families.
The island is politically and economically safe and secure, with 800 years of constitutional autonomy outside of the UK and EU.
PRIVY COUNCIL ACCESS
A FORCE FOR GLOBAL GOOD
The island has a right of appeal at the UK’s Privy Council, which sets it apart from many of its competitor jurisdictions.
Guernsey is a leading jurisdiction of green and sustainable finance. Guernsey is a founding member of UN FC4S Europe.
UNRIVALLED MARKET ACCESS
PROXIMITY TO LONDON
Guernsey has unchanged market access to both the UK and EU following Brexit. This includes continuing access to many EU countries for fund services.
The island is the closest global finance centre to the City of London, operating in the same time zone and with a flight time of one hour.
FISCAL STRENGTH
LEADING CENTRE OF SUBSTANCE
As well as possessing an AA- credit rating by S&P, the island benefits from prudent public spending, bringing long-term financial stability.
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Compliant with Moneyval and fully committed to the implementation of FATF and CFT recommendations
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A STRONG RELATIONSHIP WITH SOUTH AFRICA
WHY GUERNSEY FOR SOUTH AFRICAN FAMILIES AND INVESTORS?
For decades, Guernsey has built and managed special structures for ultra-high-net-worth (UHNW) individuals and their families. This is evident in the number of well-known South African blue chip companies that have a presence in Guernsey, including firms such as FirstRand Bank and Investec.
Guernsey is best placed to...
Guernsey’s experienced professionals have advised South African clients on a wide range of financial services for decades, from cutting-edge technologies and innovative technological advancements, to energy sectors, foundations and other forms of private wealth management.
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Hold assets in a strong currency (£, $, €).
Establish trading and holding companies outside of South Africa, facilitating international capital flows and business transactions.
Commonly, South Africans use Guernsey as a destination for annual foreign investment. This protects their wealth against the Rand’s volatile fluctuations and enables a portion of the family’s wealth to be managed outside of South Africa, thereby creating a secure nest egg in a stable jurisdiction.
Launch family-led investment funds through the Guernsey Private Investment Fund regime.
Attract capital flows from international investors through The International Stock Exchange (TISE), based in Guernsey, and through easy access to London financial markets, such as AIM and FTSE.
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