Own gold and silver offshore
Build your offshore holdings in physical gold and silver. Our team will guide you through opening an account, funding it and arranging secure storage.
Book a consultation
Move up to R12 million a year.
Move up to R2 million using your discretionary allowance, plus R10 million with SARS approval. Allowances reset annually on 1 January, and transfers can be made in tranches. We’ll guide you through the paperwork.
Use the investment calculatorAt an indicative R16.50 to the dollar. Allowances follow SARB rules for South African tax residents, per calendar year.
What it costs to hold offshore.
Custody by Brinks in Zurich, London and Dubai, underwritten at Lloyd's of London. The account is held by SA Bullion International, regulated by the FSC Mauritius.
USD 10,000
Minimum total investment
1% a year
Vaulting fee
USD 230
Delivery charge
Included
Statements and your specialist
One cast bar is the minimum for 1 kg gold. The vaulting fee is charged on value per metal, monthly in arrears. The delivery charge applies to each physical delivery. Cash left over after a purchase stays credited to your client account and pays those fees. SA Bullion Management (Pty) Ltd (FSP 21984) and SA Bullion Investor Services (Pty) Ltd (FSP 45151) are authorised financial services providers.
The process
Six steps to offshore investing
Illustration at live prices
You receive the brochure and an investment illustration at current metal prices.
Application and compliance
One facility form, screened by Sovereign Trust and signed off by Mauritius Commercial Bank.
Fund in dollars
You transfer US dollars to SA Bullion International, or use Currency Assist at no charge for the administrative work.
Deal and vault
The dealing desk transacts and Brinks conveys the metal to your vault, two to three days after funds land.
Statements, ongoing
A transaction advice on day one, then monthly statements and quarterly reports.
Sell back or take delivery
Sell the metal back to the refinery it came from, or take physical delivery through Brinks.
Before the account opens
What compliance needs
- A certified copy of your passport or ID
- Certified proof of address, under three months old
- Documented proof of the source of your funds
Proof of where the funds come from is a hard anti-money-laundering requirement. Companies and trusts have their own checklists, so write to business@sabullion.co.za. You can appoint an additional signatory when you apply, with viewing rights or full transactional rights.
Compliance
Every account is verified first.
Sovereign Trust screens one facility form and Mauritius Commercial Bank signs it off, usually in about three business days.
Offshore questions
What clients ask before they move metal offshore.
Answered by our desk and operations team.