Many South Africans now hold assets outside the country — from overseas property and offshore investments to foreign bank accounts. While this is a smart way to grow and protect…
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For South Africans living overseas, accessing funds from a trust in South Africa has always been complicated. Strict exchange control rules and approvals made moving money offshore a challenge, leaving…
The tax landscape has significantly evolved in recent years, especially for South African expats and beneficiaries of trusts. The increasing trend of South African trust beneficiaries relocating overseas, ceasing tax…
In the past, exchange control policy relating to distributions from an inter vivos trust were complex and restrictive, which meant that the processes involved in transferring money out of South…