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Dispelling myths: SA tax obligations and financial emigration

  • Writer: Michael Kransdorff
    Michael Kransdorff
  • May 11, 2024
  • 1 min read

There is no other way to financially emigrate than to cease South African tax residency through SARS formal process.


Financial emigration from South Africa requires formally changing your tax status with SARS to non resident
Financial emigration from South Africa


The single biggest misconception is that people think they cannot cease their SA tax residency because they still have a South African passport, assets, business interests, retirement funds and bank accounts. This is just wrong



The Intltax team together with other interntional tax advisors dispell some of the most costly mythes around financial emigration for South African here:

 
 
 

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