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Three simple tips when considering emigration

By June 22, 2015July 25th, 2020Financial emigration

Three simple tips when considering emigration

June 22, 2015

Dare to dream…

When you were younger, you heard many little slogans that others laughed off as clichés, but you took to heart. Things like, “If you dream it, it will come true.” You’ve worked hard to make your dreams a reality, and now you are poised to take the next step in the adventure of life, a step that will take you far from home.

When people say, “The world is your oyster” do they actually mean, “The world is your oyster, unless you’ve left your money back home in South Africa”?  For so long the stumbling block of financial emigration has restricted people’s desire to chase their dreams, wherever they may lead them. Not anymore. Let’s take a quick look at 3 tips that will make your transition simple and fluid.

Tip 1: Know Your Status

Financial emigration is an easy and uncomplicated matter. Now, most people would choke on their coffee when reading this statement. But we can say it, because we know what needs to be done and how to get you to your new home with all your possessions and finances intact.

Did you know that what financial emigration actually constitutes is an agreement between you and the South African Reserve Bank where, for exchange control purposes, your status changes from resident to non-resident? That’s right: nothing more, nothing less. Under your new status as a financial emigrant you retain everything that makes you a South African: birthright, citizenship, your right to your passport, your freedom to be you.

Tip 2: Be Prepared

Lord Baden Powell, the outdoor adventurer and founder of the Scouts movement was a smart chap. He’d have had no problem emigrating. If you apply his famous motto, “Be Prepared” to the financial emigration process, your own adventure can be hitch-free.

If you have your taxes up to date and in order, everything will go smoothly. So before you start house hunting in your new Freedomland, get those affairs in order!

Tip 3: Teamwork is Dream Work

This is by the far the most important tip you’re going to come across with regards to the entire financial migration process.  Get sound, solid advice from those in the know.  Better still, hand over the whole process to experts so that you can focus on making a good life for yourself and your family, wherever in the world you find yourself.

If you’ve got the desire for financial freedom in the global playground, then make use of our please call me service so that we can call you. Let the adventure begin!

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