Picture this: You’re living the expat life, enjoying the experience, the culture, and your new adventure. Nice, right? But when was the last time you thought about your retirement annuity…
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Clarifying the three-year rule – you don’t need to wait three years to tax emigrate after relocating
Despite having been in effect for a number of years already, there is a fair amount of uncertainty about how tax emigration and retirement annuity withdrawals work in South Africa,…
It’s a question we hear frequently, whether from long-time expats or would-be emigrants: What should we do with our South African retirement annuities once we live abroad? What are our…
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…
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…
Retirement annuities are a popular retirement planning option in South Africa. According to the South African Reserve Bank, assets in retirement annuities totaled R2.9 trillion at the end of June…
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…
If you have been doing some research into how emigration impacts on retirement annuities in South Africa, you will probably have stumbled across the fact that most South Africans end…
The rules are changing. In 2021 the formal process of financial emigration through the South African Reserve Bank will be phased out. What does this mean? It means that South…
The focus and intent of this document is to collaborate with National Treasury and the South African Revenue Service (SARS) with the view to share our learnings obtained whilst extensively…