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Navigating Tax Residency: A Guide for South African Expats

11/18/2023/in News /by fm-admin

For South Africans who have ceased their tax residency, unlocking one’s retirement savings becomes a nuanced journey filled with complexity and uncertainty.

Further Changes to the Approval for International Transfer Process

11/01/2023/in News /by fm-admin

On 24 April 2023, the South African Revenue Service (SARS) released new enhancements to the Tax Compliance Status (TCS) process, with immediate effect. The changes made by SARS mainly concerned the approvals required by individuals when transferring funds out of South Africa. Now, SARS has made further changes – but what are these changes, and […]

Do my retirement funds come with me when I leave South Africa?

10/26/2023/in News /by fm-admin

For those looking to move from South Africa, a burning question often remains: what happens to their hard-earned retirement funds? How, and when, will they be able to withdraw their retirement interests in South Africa; and of course, where will these be taxed?

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