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?”