The Minister of Finance and the South African Reserve Bank (SARB) have been hard at work these past few years modernising exchange controls. One of the first changes made in…
The current political and economic climate in South Africa has made it increasingly important for taxpayers to consider ways of safeguarding their wealth. In the face of the country’s instability,…
Back in the days of South Africa’s stringent exchange control regime, loop structures were prohibited. The whole idea was to prevent capital from flowing out of the country, but it…
One of the most important aspects of your emigration is financial planning. It’s essential to have a plan in place to ensure the smooth transition of your finances from one…
Recently on our blog, we unpacked four important facts about distributions from South African inter vivos trusts to non-resident beneficiaries. Now, we’re going to discuss the processes that need to…
If you are the beneficiary of a South African inter vivos trust living abroad, there are some important things you need to be aware of in order to stay on…
If you are planning to leave South Africa permanently or you have already relocated abroad, you will need to apply for a non-resident tax status confirmation letter from the South…
Many South Africans looking to travel and live abroad are very interested in finding out more about the Single Discretionary Allowances (SDA), which allows you to take a certain amount…
One of the most frequent questions we get asked by clients is whether or not they should wait for the exchange rate to improve before moving their money offshore. The…