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Tax Relief upon Financial Emigration for non-residency Status
The 2018 Budget Speech announced additional tax relief upon “Financial Emigration” for non-residency status.
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Does financial emigration affect my South African residency status or citizenship?
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.
Tax laws for SA expats are changing: How to avoid getting stung by SARS
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 […]