Tax emigration is the SARS process of formally ceasing your South African tax residency. Once you have ceased residency, South Africa taxes you only on your South African sourced income….
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Ceasing tax residency changes how SARS taxes you. Your South African citizenship is governed by a separate law, administered by a separate department, and stays in place when you complete…
If you ceased your South African tax residency early in your career and decided to move back to South Africa later, a lot depends on the date you become a…
Your ability to withdraw your South African retirement savings from abroad depends on your tax residency status with SARS. Janine (not her real name) encountered this when she wanted an…
If you have left the country and want to cash in your South African retirement annuity (RA), you have probably run into the “3-year rule”. It is one of the…
Can SARS tax you on your way out the door? Yes, but not on everything, and not in the way most people expect. The South African exit tax is a…
You can close a bank account and cancel a medical aid before you board the plane. But your South African retirement annuity is different. It stays exactly where it is,…
When one partner leaves South Africa before the other, the two of you end up with different tax residency statuses. That mismatch brings real financial planning risks. It affects the…
Where you spend your retirement isn’t just a lifestyle question. It’s also a financial one, and the numbers can look very different depending on which side of the border you’re…
Give your spouse a car, settle their bond, move an investment portfolio into their name, and no tax question arises. Currently, donations between spouses are exempt, with no cap and…