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...
Emigrating – what does SARS need to know and why
As an expat, you’ve now successfully navigated the trials of visa or residency applications, physical relocation, entering a new job and settling into the new normal as an emigrant from South Africa. The question then becomes, where and why does the South African...
Expat Tax Matters: How does the “ordinarily resident” test work?
In a residence-based tax system, your tax status in South Africa determines how much tax you pay, and where. If you qualify as a South African tax resident, you will be expected to pay tax in South Africa on both your worldwide and local income even if you live abroad...