In this interview, Keridyn Heatlie, Executive Director of the South African Chamber of Commerce Singapore, and Michael Booth, Associate Partner of St. James’s Place, discuss the advice and services that St. James's Place offers South African expatriates living in Singapore. Michael highlights St. James's Place's focus on helping clients with complex cross-border financial planning, including wealth management, tax efficiency, estate planning, and pension/retirement planning
Second Singapore APEX Business Summit: Michael Booth (right), Singapore’s Minister of State Alvin Tan (center), Adriaan Niemaan President of SACham (left)
Michael addresses key challenges that South African expats face, such as navigating tax regulations on foreign income and managing retirement product portfolios when leaving South Africa and moving abroad. Additionally, he emphasizes the importance of structuring assets effectively to optimise estate planning while mitigating taxes and minimising inheritance issues. This is particularly important due to the constantly evolving South African regulatory landscape that impacts South Africans abroad. This partnership with the Chamber underscores a commitment to supporting South African professionals in Singapore with tailored, strategic financial advice to secure their financial futures.
For more information please contact Michael Booth at michael.booth@sjpp.asia or follow him on LinkedIn
