Imagine if you will. You’re a South African family living in Sydney, London, Ontario or Auckland. Mom, Dad and kids – all happily settled in a new home country. Life is great!
You’re now an international family but may still hold retirement investments and other assets back in South Africa.
Unless you’ve gone through the financial emigration process you’re probably holding retirement annuities, preservation funds, pensions and other financial assets in South Africa, in which case you could be exposed to a host of challenges that are out of your control.
If you, or your children, were born in South Africa – from an exchange control perspective, you’re still a South African resident – which means you can’t freely transfer your South African wealth to your new home country.
The solution? If you’ve decided to live abroad, why not consider the benefits to financially emigrate and have the right to move your South African held assets.
The result? You’re a Citizen of the World and at liberty to invest wherever you please with the prospect of your investments providing a real return without being subjected to exchange rate fluctuation.
We prefer to provide sound financial advice as a basis from which to plan for a successful future. For a free consultation on your personal situation let us call you.