Buying Tesla/International shares in South Africa

  • Lionel
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Buying Tesla/International shares in South Africa

1 year 4 months ago
#855079
Hi clanners,

Is there anyone on here that is knowledgeable in this field? Which is the best platform to buy international shares (not necessarily the cheapest). I have come across a few options, but some first hand reviews would be appreciated.

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  • Mac
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Re: Buying Tesla/International shares in South Africa

1 year 4 months ago - 1 year 4 months ago
#855153
I have shares which I bought on the NYSE abt fifteen years ago. I do remember that I first needed SARB foreign exchange approval and a tax clearance from SARS. It was an arduous process but glad I did. All the best.

The brokers were and still are Morgan Stanley Smith Barney.


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Last edit: 1 year 4 months ago by Mac.
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  • George Best
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Re: Buying Tesla/International shares in South Africa

1 year 3 months ago
#857025
Easiest way is to register a USD account via Easy Equities. They can do a currency conversion for you. Don't worry about tax clearances as per the other reply if it's below R1mil.
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