Financial emigration from South Africa

We create a unique financial emigration plan™ for every client and every transaction to move your money safely out of South Africa.

Financial emigration from South Africa

We create a unique financial emigration plan™ for every client and every transaction to move your money safely out of South Africa.

Your Personalised Financial Emigration Plan™: Your future depends on what you do today.

We know that every client has unique circumstances which means a one-size-fits-all approach to your financial affairs won’t work.

By getting to know you personally, we gain the insight necessary to make effective, informed decisions on your cross-border financial planning and then we work closely with you on all aspects of implementation.

No matter what you need to achieve, FinGlobal can assist with consolidating, unlocking and transferring your finances globally.

Making cross-border financial transactions simple and secure

We can help you to move your money safely from South Africa in a cost-effective, time-efficient, tax-compliant manner.

How do we do it? Your tailored Financial Emigration Plan™

We prepare a unique financial emigration plan™ for each client and every transaction. No matter what you need to achieve, we’ll find the best way to make it happen.

FinGlobal is ready to help with the two biggest challenges South Africans face right now:

  • By getting to know your exact circumstances, we can formulate a personalised step-by-step financial emigration plan that is specifically tailored to meet your objectives, mitigate your risks and lower your stress levels.
  • By leveraging our in-house expertise we can help you carry out your plan in the most cost-effective and time-efficient manner, handling your paperwork while assuring safety and compliance every step of the way.

Formal emigration is now tax emigration

If you’re an expat living abroad (or you’re planning to emigrate) and you’re ready to cut financial ties with South Africa, we can help.

What is tax emigration?

It is the process by which you terminate your obligation to pay tax on your worldwide income by informing SARS that you no longer meet the requirements for tax residence in South Africa. Your status is updated from ‘resident’ to ‘non-resident’ for income tax purposes.

Contact us

We’ll answer all your questions. Your personal consultation is complimentary and without obligation.

Licensed South African Financial Services Provider FSP # 42872

FinGlobal Credentials

We deal with all South African banks, insurance and investment companies, pension funds and other related financial institutions.

Find out about the new tax law changes on financial emigration effective from 1 March 2021.

Learn more

Transferring money out of South Africa – the Single Discretionary Allowance vs the Foreign Capital Allowance

| Financial emigration, FinGlobal, Foreign investment allowance, Forex, South African personal allowances | No Comments
Just because you’re not planning on emigrating from South Africa any time soon, doesn’t mean that your finances have to remain in the country. You can still move your money…

What supporting documents does SARS require with the Approval of International Transfers (AIT) application?

| Exchange control, Financial emigration, FinGlobal, Forex, Newsletter | No Comments
The SARS tax compliance status (TCS) processes involved with making international money transfers out of South Africa have changed. Where previously you would use the TCS - Emigration to repatriate…

Living abroad? How the 183 days tax rule applies to you as a South African earning a foreign income

| Financial emigration, FinGlobal, South African Expats, Tax services and consulting | No Comments
Until you have officially terminated your tax residency with the South African Revenue Service (SARS), you are still technically a South African tax resident, even if you’re living overseas. What…