fbpx
  • FINANCIAL EMIGRATION GOING NOWHERE: THE NEW CONFIRMED PROCESS

    Financial Emigration remains the only formal process used by many South Africans abroad to cease their tax residency of South Africa. The process has changed slightly from 1 March 2021 and it is important to familiarise yourself with the new requirements.
    LEARN MORESTART EMIGRATION PROCESS
  • GUIDANCE ON SARS EXPATRIATE AUDITS

    The questions on many expatriates’ minds are often “how will SARS find me? What does the SARS audit of an expatriate look like and what questions should I expect?”

    READ MORE
  • FINANCIAL EMIGRATION & RELOCATION FROM SOUTH AFRICA TO ABROAD

    Financial Emigration
    is the formal process to note oneself as a non-resident for tax and exchange control purposes in South Africa. The process ensures that one has met all requirements under the Income Tax Act No.58 of 1962 to ensure that one is a non-resident in accordance with South Africa’s tax residency tests and also ensures compliance with all exchange control regulations for non-residency.
    LEARN MORESTART EMIGRATION PROCESS
    Financial Emigration
  • SPECIALISED TAX CALCULATOR FOR SOUTH AFRICAN EXPATS

    Deadline is end of August 2021 for first provisional tax payment. Let us compute and plan your future taxes, ensure you are safe and compliant, even help sue your delinquent tax professionals, if you have been misled on your compliance status.
    LEARN MORECONTACT US
    Expat Tax Calculator
  • THE FIRST OF ITS KIND IN SOUTH AFRICA

    A SOUTH AFRICAN FIRST ADDRESSING THE COMPLEXITIES OF EXPATRIATE TAXES FROM A SOUTH AFRICAN PERSPECTIVE

    LEARN MORE
    LexisNexis Expat Tax Textbook

FINANCIAL EMIGRATION

Financial Emigration remains the only SARS process used by many South Africans abroad to cease their tax residency of South Africa. The process has changed slightly from 1 March 2021 and it is important to familiarise yourself with the new requirements.

FINANCIAL EMIGRATION

Financial Emigration remains the only SARS process used by many South Africans abroad to cease their tax residency of South Africa. The process has changed slightly from 1 March 2021 and it is important to familiarise yourself with the new requirements.

OUR BACKGROUND

Financial Emigration, a division of Tax Consulting South Africa, offers a bespoke service to individuals wishing to terminate their tax residency status with the South African Revenue Service (“SARS”). We have more than 17 years of experience across a number of different fields allowing us to offer expert advice across the board, while maintaining high levels of service excellence. This uniquely enables us to facilitate your complete financial emigration as well as the recovery of any retirement funds, such as pension funds or retirement annuities.

Undergoing the Financial Emigration process, proves one’s intention to permanently reside outside of South Africa which coincides with South African tax residency tests – thus the formalisation of both exchange control and tax residency statuses being noted as “non-resident”.

CONTACT US TODAY

  • This field is for validation purposes and should be left unchanged.

“Therefore, if one financially emigrates (taking into consideration the tax residency tests) that would then indicate that the taxpayer ceased to be a tax resident.”

SARS, Foreign Employment Income Team

ABOUT US

OUR BACKGROUND

Financial Emigration, a division of Tax Consulting South Africa, offers a bespoke service to individuals wishing to terminate their tax residency status with the South African Revenue Service (“SARS”). We have more than 17 years of experience across a number of different fields allowing us to offer expert advice across the board, while maintaining high levels of service excellence. This uniquely enables us to facilitate your complete financial emigration as well as the recovery of any retirement funds, such as pension funds or retirement annuities.

Undergoing the Financial Emigration process, proves one’s intention to permanently reside outside of South Africa which coincides with South African tax residency tests – thus the formalisation of both exchange control and tax residency statuses being noted as “non-resident”.

7 REASONS WHY YOU NEED US FOR YOUR FINANCIAL EMIGRATION PROCESS FROM SOUTH AFRICA

WHY US FOR FINANCIAL EMIGRATION?

Financial Emigration is part of the Tax Consulting South Africa group of companies which has been in existence for 17 years and are widely acknowledged as the market leaders in Expatriate Tax. The group was entrusted by Barry Pretorius and South African expats worldwide to represent the Expatriate Petition Group (“EPG”) in parliament to fight the law change, which resulted in the R1.25mil exemption, and also authored the LexisNexis’ first of its kind Expatriate Tax textbook released late year.

Our multidisciplinary team of more than 130 professionals including Tax Attorneys, Tax Practitioners, Chartered Accountants (SA) and Emigration specialists, will take over the entire FE application process on your behalf. This gives you peace of mind that the administratively burdensome and somewhat complex process is handled end-to-end, where we deal closely with SARS, ensuring full compliance with all legislation.

colon

When your Financial Emigration is successfully completed through our company, we guarantee non-tax residency on record with SARS and SARB.

colon

IN THE MEDIA

RADIO AND TELEVISION

LATEST ARTICLES

A Crucial Call to Action for South African Non-Resident Taxpayers
SARS’ New Process for Emigration and Foreign Investment Allowance

FREQUENTLY ASKED QUESTIONS

GENERAL QUESTIONS ON FINANCIAL EMIGRATION
PROCESS OF FINANCIAL EMIGRATION 
GENERAL EXPAT TAX QUESTIONS
TAX IMPLICATIONS OF FRINGE BENEFITS
TAX IMPLICATIONS OF FINANCIAL EMIGRATION

HERE’S WHAT OUR CLIENTS HAVE TO SAY…

Sharel van de Venter
2024-04-09
We had a positive experience. The service was professional and met the forthset framework.
Andrea Van den Heuvel
2024-04-09
Professional, well-organised and I always leave a meeting with a sense of comfort. Subject matter experts!
Micha Katz
2024-03-23
Very efficient service, from contact request through setting up online appointment. The consultant, John-Paul Fraser, has been very helpful and knowledgeable.
Colin Snaddon
2024-03-14
Once I established who I was dealing with and what was required, the team there guided me through the process and were good at updating me on progress. Shuanita was particularly good at hand holding.
Shahil Singh
2024-03-12
Great advice from John Paul Fraser on expat tax information! I appreciated the transparency of how they work and look forward to working with them.
Angelo Manuel Picoto
2024-03-06
Had a quick , concise and professional teams meeting with John. Knowledgeable and to the point - Thanks John!
Dawn Cox
2024-02-16
A very professional organisation, the whole team has handled my queries with grace and patience. Maybe a little pricey, as my particular circumstances were very simple. However, thrilled it is completed. Thank you.
Stephen Milns
2024-02-02
Highly Professional and prompt service! A First Class service in a second rate world.

PROFESSIONAL LIAISONS

CONTACT US

  • This field is for validation purposes and should be left unchanged.