Long Term Savings

Long Term Savings Account

Invest for the Future with Tax Benefits

The Long Term Savings Account (LSA) is a secure investment for those looking to grow their wealth with tax benefits. 

Key Features:

• Invest a maximum of J$1M in any one calendar year and up to a maximum of J$5M over 5 years
• The principal sum remains in the account for at least 5 years
• Withdraw up to 75% of the interest credited to the account, quarterly. 
• At least 25% of the interest earned must be left in the account to be reinvested to the end of the 5 years.
• Withdraw up to 75% of interest
• Tax-exempt under the Withholding Tax Regime
• Early withdrawal = interest becomes taxable

Start investing today! 

Conditions apply.

• Encashment prior to the 5-year period results in the interest earned being immediately subject to withholding tax.

* Conditions apply