u/RhyderSzem

South African investor: Investing in VTI via EasyEquities — what are the real tax implications?

I’m a South African looking to invest in VTI long-term through EasyEquities using my forex allowance. I’m mainly worried about taxes on dividends and especially when withdrawing money back to ZAR.

My questions: Is VTI a good option for a beginner? Do I pay capital gains tax on withdrawal? Are there any exit taxes or other traps I should know about? I know the W-8BEN form helps with dividend withholding, but I’m still unclear on the full picture.

Any experienced SA investors here who’ve dealt with this?”

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u/RhyderSzem — 14 hours ago

New to investing, looking to put away 6k a month into semi long term investments. Where do I start?”

Hey everyone, I’m brand new to investing and I’m looking for some guidance. I’m eighteen years old and new to work, so I’m just getting started with all of this. I have around six thousand a month I’d like to put away into a semi long term investment, ideally something I can grow over time and eventually draw from down the line. I’m not sure where to begin, whether it’s index funds, ETFs, or something else entirely. Any advice on where to start, what to avoid, and how to think about this would be really appreciated. Thanks in advance.

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u/RhyderSzem — 5 days ago