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Well the reason why I send my money home to trade in SA is because, as Orca has pointed out many times, you can just get a lot more growth on the JSE as compared to the more developed countries. In his retirement blog he pointed out how on a UK blog he asked about gettin 25% per annum returns and they laughed at him. They just can't fathom getting those kind of returns on their exchanges. I have also read a couple of for dummies books and regularly listen to an investors podcast run by a guy from America and another guy from Denmark. In the books and on the podcast they continuously say that anyone that claims they can make a return of above 8% a year is full of it. Again because they come from a developed market perspective where great returns just don't happen. So that is why I send my cash back to SA.

True, if you ignore the rand. But for me, it's very much part of the equation as shown in the example I have given. Living in SA where everything is rand denominated is one thing, living out side of it is another. IMO.

I understand that living outside SA the Rand does not have a lot of meaning but I earn enough money where I am so that I do not have to worry about needing the Rands back in SA. My Rands are for purely inestment purposes as they can get me the best returns. For everything else I keep the local currency.

And yes, jaDEB, I am very much worried about the situation in SA. I may not be living there but it does seem to me that the government has lost complete and utter control of country. Crime has spun out of control, the trade unions are running rampant with the economy, the masses are getting more militant by the day...but I am still hopeful. But being hopeful is not always enough I saw FNB has an offshore banking service in Guernsey. Trying to find out how it works. If I can still trade on the JSE through FNB Investor while having all my money in the Guernsey account as opposed to having it an SA account then I might make the move. But right now I know too little about it to say anything more.

Ah, I misunderstood. Did not know the financial situation wasn't good back home. But maybe it just a global trend? Chinese manufacturing is down. Western Australia is in a recession. I think I read less people were hired in the US for the month of August. Brazil's economy is not finding itself in a good place. So don't think it is a situation unique to SA.