For many soon-to-be retirees, a big decision is looming on the horizon: living or life annuity when converting your retirement annuity to provide an income for the next chapter of…
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For many South Africans, the dream of relocating to a new country becomes a real possibility around retirement age. With changing life circumstances, a move abroad can be an exciting…
Are you considering retiring under sunny skies abroad while receiving income from your South African living annuity? Sounds idyllic! But hold on, there’s a potential tax hurdle you’ll need to…
The idea of leaving South Africa permanently for a new adventure abroad is an exciting prospect. Yet, amidst the packing and planning, the reality of having to navigate the complexities…
When planning your emigration, it’s understandable that you’ll spend a lot of time researching your destination country to make sure you comply with immigration requirements, and you know what to…
One of the biggest concerns for potential emigrants from South Africa is obviously – “what happens to my retirement savings if I leave the country?” This question can only be…
The South African Reserve Bank recently confirmed that they are investigating the possibility of launching a “digital rand” and that this research should be complete sometime next year. A rising…
What is a living annuity? What is a life annuity? Is there a difference between the two, and when would you need to purchase and use these annuities? Life and…
Preparing adequately for your retirement is a worthy goal, the importance of which cannot be underestimated. There are a variety of ways to ensure that you’re financially equipped for life…
Living Annuity Rules South Africa If you’re a South African with a retirement annuity living abroad, in other words earning a pension income from your post retirement investment, note some…