INTERNATIONAL PENSION SOLUTION

The Levantine International Pension Solution (IPS) is an international retirement benefits scheme regulated and tax-approved in the British Isles. With the IPS, you can build and expand your international wealth in a way that is both compliant with regulations, tax-efficient, and secure.

The IPS offers you an international solution with different options based on currency, choice of investment, the flexibility of contributions, and retirement benefits. Due to a modern, flexible tax and regulatory framework for retirement benefits, the British Isles provides the ideal environment for you to base a plan that suits all your longer-term savings needs.

The IPS is fully integrated with our investment management services, allowing a complete bespoke solution for each of our clients. The result is that retirement savings and benefits can be developed on an individual basis and be underpinned by the security and peace of mind that comes with world-class regulatory controls.

Book Online Meeting

We offer both a multi-member option, and a bespoke pension solution if you have more specific requirements – please call us to arrange a meeting.

THE LEVANTINE IPS AT A GLANCE

THE IPS IS STRUCTURED TO PROVIDE A FRAMEWORK FOR LONG-TERM INVESTMENT RETURNS.

The IPS is structured to provide a framework for long-term investment returns and tax efficiencies, all while safeguarding your assets from country-specific and currency risks. Any income and capital gains arising from your investments are not subject to your individual income tax if they are held within the IPS.

COMMON REPORTING STANDARD AND IMPACT ON INTERNATIONAL INVESTING

The Common Reporting Standard (CRS) is the new global standard for Automatic Exchange of Information (AEI), and it has a major impact on how you will be able to invest your funds outside of your tax jurisdiction. CRS serves as the legal basis for the exchange of tax data among participating jurisdictions.

THE PURPOSE OF OUR INTERNATIONAL PENSION SOLUTION

An International Pension Solution (“IPS”) arrangement to enable the accumulation of retirement funds for the member.

PROTECTION OF ASSETS

IPS offers a framework that safeguards your assets by ring-fencing them.
The benefits derived from IPS are designed to be protected from creditors.
By isolating assets from the beneficiary’s estate, we mitigate the risk of enforced repatriation.

CONTRIBUTIONS

Unlimited except where exchange controls apply.
Single or ad hoc contributions in cash.
Regular contributions in cash.
Asset transfer available for situs assets.

TRANSFERS

Contributions of cash held in your country.
Contributions of assets held outside of your country.
Contributions of existing family trust assets.
Transfers from international schemes subject to transfer or scheme approval.

INVESTMENTS

Wide investment options.
You can choose your own investments.
You cannot make investments that are connected to you.
Personal tangible moveable property prohibited.

BENEFITS

Between the age of 50 – 90.
Single lump sum and ad hoc lump sums.
Regular annuity income.
Combination of lump sum and annuity.

REGULATION & APPROVAL

The IPS is based in Guernsey and is approved by their tax authority.
The solution is recognised by their Financial Services Authority as a retirement benefits scheme.

TAX

You don’t pay donation tax on contributions.
Income and/or interest grows tax-free until you withdraw them as benefits.
Contributions are returned tax-free.
(Tax benefits will differ according to your tax domicile, and you should seek tax advice prior to establishing an international pension.)

ELIGIBILITY

The Solution’s administrators and trustees are retirement benefit scheme administrators and licensed by the relevant British Isles Financial Services Authority. The IPS administrators is available to anyone over the age of 18.

PERSONALISED INVESTMENT MANAGEMENT

Given that our clients don’t fit in a box, we believe that neither should their investments. Our team will work alongside you to create the appropriate, tailored investment portfolio that suits your personal needs and complements your existing asset portfolio. This option is not an “off-the-shelf” type of product, but rather a personal investment service, exclusive to each client.

FAQ ABOUT THE LEVANTINE INTERNATIONAL PENSION SOLUTION

Why Levantine & Co?
The partners at Levantine & Co. bring over 60 years of experience in financial markets and advisory services, gained in the world’s largest investment banks in the US, Europe, Middle East, and Southern Africa. A cornerstone of our offering is our independence, fee transparency, and our desire to offer value for money to our clients. All our clients, whether individuals or corporations have unique needs and wishes, and we aim to meet their objectives as best as we can through leveraging our broad global markets experience.

What about compliance?
The IPS is a Retirement Annuity Trust Scheme (RATS) in Guernsey, regulated by the Guernsey Financial Services Commission (GFSC). The GFSC plays a pivotal role in overseeing financial services within the jurisdiction, ensuring that structures like RATS adhere to local laws and regulations, particularly under the Fiduciaries Law. By maintaining strict governance standards, the GFSC protects the interests of beneficiaries while promoting financial transparency and stability, making Guernsey a reputable choice for wealth management solutions.

What are the tax implications?
The IPS is domiciled in the British Isles and the scheme is not subject to local income and capital gains taxes. The IPS can thus grow in value over the years thanks to a tax free roll-up until distribution is made. Upon drawdown, under current tax regulations, only the growth would be taxable, not the capital invested. (Tax benefits will differ according to your tax domicile, and you should seek tax advice prior to establishing an international pension.)

Tax Considerations: Levantine & Co. does not provide tax advice and is not authorised to do so. We strongly recommend that you consult with an independent, qualified tax advisor to assess your specific circumstances. Levantine & Co. accepts no liability for any tax implications or outcomes resulting from investments made through our services.

MEET WITH US

Book a Teams Call with us today and let’s talk
about growing and protecting your wealth for generations.

MEET WITH US

Book a Teams Call with us today and let’s talk about growing and protecting your wealth for generations.

Book Call

info@levantine-co.com

+27 (0) 21 813 6205