Buying Tesla/International shares in South Africa

Lionel
Topic Author
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Buying Tesla/International shares in South Africa

2 years 7 months ago

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

2 years 6 months ago - 2 years 6 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: 2 years 6 months ago by Mac.

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George Best
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Re: Buying Tesla/International shares in South Africa

2 years 5 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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