Clearing up misconceptions around South African retirement savings and moving abroad
There has been much confusion in the expat community since the concept of formal emigration through the South African Reserve Bank was phased out, effective 01 March 2021. These changes seem to have raised more questions than they’ve answered, so we’ve put together...
Tax Residency 101: Do I have to pay tax in SA if I work abroad?
If you’ve moved abroad for work in the last twelve months, or you’re considering your career options overseas, there are some tax implications that you need to be aware of. This is because South Africa has a residence-based tax system, which means that individuals who...
Financial emigration from South Africa is cancelled – now what?
In an effort to simplify and modernise South Africa’s antiquated exchange control a number of changes were made that resulted in the process of formal emigration being phased out. Previously, South Africans who had permanently relocated abroad could have their...