Product Description
Welcoming and introduction:
Presenter: Anne Klein
Topic:
Welcoming and setting the scene on behalf of LuciaDeKlein Private Office
Discover the story behind our company and the essence of our name. Family wealth comes in diverse forms shaped by multi-generational strategies and fluctuations in wealth. Each family’s advisory needs are distinct yet rooted in shared principles. Challenges may stem from family relationships, business and wealth frameworks, and international growth, leading to unique complexities and diverse needs.
General (for each of the videos below)
It is crucial to engage the expertise of an immigration specialist, tax specialist, accountant, and lawyer to address immigration, tax, and legal considerations effectively. Understanding the family’s current situation and future goals to develop a comprehensive plan is essential. What are the key tax considerations for families and business owners when they want to externalize or maximize their wealth or succession structures by considering the discussions held by Lisa and Christos?
Presenter: Lisa Czepek
Topic:
“They are navigating the global landscape of private clients for families and businesses, focusing on Africa, Europe, and beyond. What are the options and opportunities”?
Setting the scene:
Residence and Citizenship-by-Investment are becoming more mainstream. Diversification is now essential not only for wealth management but also for lifestyle planning. Spreading assets across different jurisdictions is more likely to yield returns than relying on one country alone. High-worth individuals (HNWIs) are no longer tied to urban centers and are considering relocating to places with a better quality of life and longer life expectancy.
It’s not about helping people leave their home country; it’s about enhancing their lives by allowing them to stay in their home country and continue to enjoy their privileged lifestyle with an added layer of comfort and protection in the form of a Plan B.
Presenter: Christos Malikkidis
Topic:
Cyprus is returning as the preferred EU jurisdiction for optimizing investments and protecting assets, thereby creating sustainable wealth structures for South African families. Which distinctive options are available?
Setting the scene
Why Cyprus?
• Double Tax Treaty
• English language
• English Common Law
• Same time-zone
• Regulated EU jurisdiction
• Healthy Systemic Banks
• Ease of Doing Business
• Established Offshore Structuring Jurisdiction
• Jurisdiction of economic substance
• Political Stability and Strong Currency (€)
Cyprus IP Box Regime:
Patents & Software
Presenter: Nicole Paulsen
Topic: The future of International Estate Planning for modern families.
Setting the scene:
Families, wealth, and businesses prefer mobility and flexibility. How does this impact the advisor’s role?
The concept of “offshoring and externalizing one’s wealth or succession structures” can be clarified under three possible scenarios:
Physically offshoring yourself and your family members — you and your family physically and permanently emigrate for South African tax purposes or
Physical offshoring of your assets—You continue to reside in South Africa but hedge against the country’s political and economic risks by physically offshoring your assets or offshoring the ownership of your local assets.
