If a relative in South Africa has died and named you as a beneficiary, there are two separate processes that have to be completed. The first is the winding up…
Read More
Short answer: sometimes, and it depends on three things. Your South African tax residency status, whether you are still active on the SARS register, and the amount you are moving….
Don’t let your family inherit a legal headache in two countries. If your assets sit in two countries, having a single will may be setting your family up for exactly…
For South Africans living overseas, inheriting assets from abroad can feel straightforward at first — until you try to move the money, transfer ownership, or stay compliant with South African…
South Africa’s financial landscape has shifted for non-residents seeking to transfer local earnings abroad. With recent updates from the South African Reserve Bank (SARB), individuals receiving dividends, trust distributions, rental…
Trying to move money out of South Africa as an expat? It’s not always as simple as a bank transfer. Without the right paperwork, the South African Revenue Service (SARS)…
Receiving an inheritance from South Africa can stir up a mix of emotions. On one hand, it’s a meaningful financial boost that can help you achieve goals or provide security….
Are you thinking about sending funds overseas, perhaps to chase an exciting investment opportunity or as part of your plan to relocate to greener pastures? Well, if you’re South African,…
The South African Revenue Service (SARS) strives to streamline tax compliance for all citizens. When taxpayers maintain transparency and diligence, their interactions with SARS are typically smooth. However, neglecting compliance…
As a South African resident, you have the option to move your finances offshore through the use of two exchange control allowances provided by the South African Reserve Bank (SARB):…