loading...

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.

Did you know? As of 1 March 2021, formal emigration through the South African Reserve Bank has been replaced by tax emigration through the South African Revenue Service.

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 for a FREE consultation

We’ll answer all your questions. Your personal consultation is completely free 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.

What is financial emigration?

There’s a massive difference between physical and financial emigration from South Africa. Financial emigration starts with informing the South African Reserve Bank of your decision to permanently relocate.

What are the benefits of financial emigration?

Financial emigration, also known as formal emigration simply concludes your financial affairs from a South African point of view. When you financially emigrate your status, for exchange control purposes with the South African Reserve Bank, changes from resident to non-resident.

Financial emigration from South Africa checklist

Considering whether or not to emigrate financially is a rather big move for South Africans who have relocated abroad. However daunting it may seem, though, it’s important to consider this step if you’ve been living overseas for a while and have financial assets left in South Africa.

Contact Us

  • Email: info@finglobal.com
  • Tel: +27 28 312 2764
  • Fax: 088 028 312 2467
  • Physical Address:
    Hermanus: 7 Marine Square, College Road, Hermanus, 7200, Western Cape, South Africa
  • Johannesburg (by appointment only): 1 Park Lane, Wierda Valley, Sandton 2196, South Africa

FinGlobal Newsletter Subscription

Subscribe to the FinGlobal newsletter to receive all the latest news and information regarding our services and South African Expats.