
Emigration numbers from South Africa are on the rise as more people seek to start afresh overseas. However, emigrating from South Africa is not as simple as packing your possessions…
Emigration numbers from South Africa are on the rise as more people seek to start afresh overseas. However, emigrating from South Africa is not as simple as packing your possessions…
Permanently relocating from South Africa to another country is a huge, life-altering decision that triggers a complex web of logistical and emotional challenges. Among these challenges, proper management of your…
There are many myths and misconceptions surrounding the tax obligations of South Africans living abroad. Some people think that simply by moving overseas and no longer being physically present in…
Last month on our blog, we covered inter vivos trusts and what they’re used for, while taking a look at the exchange control implications for offshore beneficiaries. This time around,…
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…
As the end of 2023 draws near, this is your reminder to make use of your annual exchange control allowances in order to move money out of South Africa. To…
Most South Africans started paying into their retirement annuities long before they even considered emigrating, with the plan to have enough savings squirreled away to see them through as they…
Emigrating and getting ready to leave all your troubles and taxes behind? Not so fast. There are a few things to consider first, such as your tax resident status in…
Until you have officially terminated your tax residency with the South African Revenue Service (SARS), you are still technically a South African tax resident, even if you’re living overseas. What…
The 2023 SARS Tax Season kicked off in July. If you’re a South African living overseas you might be tempted to think that this doesn’t apply to you, but there’s…
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