Emigration (also referred to as formal or financial emigration) does not affect your birth right, citizenship or the right to retain your South African passport. It is often believed that officially emigrating requires you to give up your citizenship and identity as a South African – a very emotive issue. This is incorrect.
The South African economy has been left frustrated by the number of citizens moving abroad, and failing to resolve their domestic tax issues. This was noted in the Parliamentary hearings in 2017 as one of the main reasons why the tax laws on South Africans working abroad had to change. As SA faces the prospect of […]
Immigration (physical relocation) – to another country from South Africa. Emigration (financial emigration) – from an exchange control perspective, is the financial exit from South Africa. On completion of this process your financial status in South Africa changes from resident to non-resident.