Everest Wealth group
Expands Its International Presence
guided by experience
Global Expansion Targets
Following extensive market research and strategic groundwork laid during 2025, Everest Wealth Group has taken its first steps towards a potential future expansion of its international growth strategy, with new frontiers being explored in Dubai and Mauritius. This expansion is being considered specifically to focus on servicing private wealth clients and institutional capital investors. Local investors seeking bespoke offshore investment opportunities and foreign investors seeking accessibility to South African investment opportunities as well as international structuring solutions.
Africa’s - Growing Wealth Opportunity
The timing of this move is deliberate. According to the Henley & Partners Africa Wealth Report, the number of USD millionaires across the continent is projected to grow by 65% over the next decade, underpinned by Sub-Saharan GDP growth forecasts of between 3.7% and 4.1%.As global markets evolve and economic conditions shift, more investors are seeking diversified solutions that provide access to international opportunities, broader asset classes, and protection against currency volatility. South Africa remains one of Africa’s leading financial markets, with growing demand for well-structured local and offshore investment solutions across both individual and institutional investors. At the same time, an estimated 100,000 South Africans now live in the UAE, including around 50,000 in Dubai alone. Everest Wealth remains a proudly South African business, and this expansion is ultimately about supporting our clients wherever life and opportunity take them.
Mauritius - Africa’s Premier International Financial Centre
Mauritius remains the natural hub for this growth. The jurisdiction currently hosts more than 1,000 investment funds with assets under management exceeding USD 80 billion, including nearly USD 40 billion in Africa-focused investments. Its investor-friendly regulatory and tax framework, featuring no capital gains tax, an extensive double taxation treaty network, and attractive global business structures, makes it ideal for sophisticated international structuring. Everest Wealth is currently in the process of applying for the relevant licences and structures within Mauritius. Further updates will be communicated as these developments progress.
Dubai - Expanding International Operations
In Dubai, the Group has successfully registered its new structure, Everest Global Advice as the first step required to progress to obtain relevant licensing required. We are pleased to confirm that collaboration agreements have been concluded with internationally recognised fund managers based in both the UAE and the United Kingdom, together with independent UAE fund administrators. These partnerships will strengthen transparency, governance, compliance standards, and international distribution capabilities.
A Stronger International Footprint
Together, Mauritius and Dubai will enable Everest Wealth Group to deliver bespoke, transparent, and tax-efficient offshore solutions to private wealth clients and institutional capital from the Southern Hemisphere and beyond. This expansion when fully finalised, will significantly strengthen Everest’s international footprint, not only within the Southern Hemisphere, but globally.
