GENERAL QUESTIONS
ON FINANCIAL EMIGRATION
Financial Emigration is the formal process to declare oneself as a non-resident for tax 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.
The cost would be dependent on your circumstances and can only be accurately quoted upon evaluation thereof. We offer a free initial consultation to determine your personal circumstances and qualify you and quote you accordingly.
The cost would be dependent on your circumstances and can only be accurately quoted upon evaluation thereof. We offer a free initial consultation to determine your personal circumstances and qualify you and quote you accordingly.
Yes, that is possible. However, it is important to seek professional assistance to ensure correct application of a DTA.
No, it does not. You are still able to make investments in South Africa as a non-resident.
Financial Emigration has no expiration date as it is a once off declaration of ceasing your tax residency.
There is a misconception that the concept of financial emigration no longer exists. However, this is incorrect as the financial emigration process has been amended to include only a SARS process as SARB has been phased out of the process. The choice of whether to Financially Emigrate is dependent on whether you have a permanent intention to remain outside of South Africa or not. Should you have this intention, then it is highly recommended that you consider Financially Emigrating.
Yes, it is possible to be a shareholder of a private company and have a business account if you have financially emigrated.
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About Us
Our experienced team helps individuals and families navigate the complex process of relocating their financial assets abroad. Our mission is to provide you with peace of mind and a smooth transition to your new financial home.
Thank you for choosing us – We look forward to serving you!
Find Us
Johannesburg
Wrigley Field, The Campus
57 Sloane Street, Bryanston
Gauteng
George
55 York Street
Dormehls Drift
George
Contact Us
Telephone:
South Africa: 011 467 0810
International: +27 11 782 5289
Contact
contact@financialemigration.co.za
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