Is Investec for rich people?

South Africa’s most exclusive bank accounts for the super rich – what they cost and what they offer. Private banking group Investec has previously been mum on its salary requirements to qualify for an account but has now invited people who earn over R800,000 annually to apply.

How much money do you need to invest with Investec?

Our typical clients have £250,000 to invest or plan with, but this doesn’t just have to be in savings. It can include any existing pensions or ISAs you may already have. If you aren’t sure, please do give us a call or send us an email, and we can have a friendly and informal chat to discuss your situation.

Can anyone open an Investec account?

For South Africa’s top-rated private bank, Investec, in order to become a client, you need to be a professional (engineer, accountant, lawyer, doctor, etc) and need to apply and let the group run a credit check on you.

Who qualifies for Investec private banking?

If you are an IT professional with a degree or diploma and earn a minimum of R600 000 a year, or if you are on a one-year or more IT graduate programme at a recognised IT company, you may qualify for a Private Bank Account for young professionals at a reduced fee until you turn 30 years of age.

When was Investec mortgages established in South Africa?

Million + mortgages – Investec offers a tailored mortgage range for buyers looking for mortgages worth over £1m, on a capital repayment or interest-only basis. Investec was established in South Africa in 1974, when the company opened offices in Johannesburg.

What makes Investec the best mortgage Intermediary hub?

Designed for high net worth individuals, our mortgage offerings are customised to suit the unique needs of each client. We’ll draw on years of expertise, which means you’ll be able to respond quickly and find solutions to your clients’ complex financial demands.

Where can I get Investec private bank mortgage?

To keep things simple, the same type of fees and charges apply to all our mortgages. Investec Private Bank residential mortgages are only available for residential properties in England or Wales. The Residential mortgage is primarily available to UK residents.

What are the benefits of an Investec mortgage?

Benefits of taking out a mortgage with Investec could include: A dedicated mortgage service aimed at professionals, such as accountants, solicitors and company directors, with a minimum income requirement of £50,000 per year. Individual underwriting of each application to take multiple income sources into account.