Financial emigration is an exchange control matter that allows a South African can, with the approval of the SA Reserve Bank, to be classified as a non-resident of the country, explains Tim Powell, director of forex at Sable International. South African residents who have been living abroad – but have not officially emigrated through the..
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What is Financial emigration and what does it involves? – Tim Powell explain (Sable International)
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What is Financial emigration and what does it involves? – Tim Powell explain (Sable International)
Financial emigration is an exchange control matter that allows a South African can, with the approval of the SA Reserve Bank, to be classified as a non-resident of the country, explains Tim Powell, director of forex at Sable International. South African residents who have been living abroad – but have not officially emigrated through the..
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Some White South Africans are starting to feel unsafe and can’t find work and they are now emigrating: These are the 10 biggest factors driving South Africans abroad
Recently-released data on emigration from South Africa shows that an alarming number of citizens are considering packing up and moving abroad. Afrobarometer has released a trove of emigration data concerning South Africa and the rest of the continent, and it’s turned up some eye-catching results. Almost half of those surveyed in Mzansi have considered living..
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Emigration News: Some reasons why fewer people are moving to South Africa
According to HSBC, moving to South Africa isn’t as popular as it used to be among the international community. Here’s why our emigration appeal is struggling.
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What South African expats need to know about financial emigration and recession
With the South African economy currently in recession, lessening the effects of Rand volatility is a top priority for many people at the moment. Many expatriates have retirement funds and other assets in South Africa that they would like to withdraw and transfer offshore. This is known as the process of financial emigration. SAFFA.com had a look at the most common questions about this process below.
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The DA (Democratic Alliance) take action to close loophole that sees our expats lose their SA citizenship
Around 2 000 South African expats have unwillingly had their SA citizenship revoked from abroad, leading to legal action from the DA.
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