If you haven’t already heard by now, formal emigration has been cancelled. Don’t panic, you don’t have to cancel any of your plans, this simply means that the concept of…
Read More
The concept of “emigration” through the Financial Surveillance Department of the South African Reserve Bank (SARB) was phased out effective 1 March 2021 due to tax law changes. While these…
The idea of packing up your life and heading overseas might be something you’ve toyed with on occasion. And now, since the advent of the Covid induced economy downward spiral…
If you are a South African working and/or living abroad, it is prudent to be reminded of the imminent tax and exchange control changes that may affect you from next…
South African exchange control regulations are there for a reason: to control the flow of money in and out of South Africa. These rules apply to every transaction that crosses…
If you’re emigrating and leaving South Africa, chances are you’re going to want to take your money with you. So how do you go about repatriating funds to your new…
Ever wondered exactly how much money you can take out of South Africa every year? While there are limits to the amount of money that can be moved out of…
Cryptocurrency is a trending news topic, with many people speculating whether it’s a 21st– century unicorn or the way all transactions will take place in the future. In early January…
After a year of dubious teeter-tottering, the Rand managed to gain back some of its former clout following the announcement by NPA head, Shaun Abrahams, that the charges against finance…
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…