While financial emigration may be a viable option for a small minority of individuals who will be hit by South Africa’s coming ‘expat tax’, for the majority, it’s likely to be a costly exercise which won’t provide significant tax relief in the long-term. This is according to Ettiene Retief of the South African Institute of..
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ANC-regime needs money! South Africa’s big expat tax is coming – and financial emigration isn’t the quick fix you think it is
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SA faces serious shortage of qualified workers – experts are leaving country in search of a better future
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South Africans with good qualifications are leaving the country in increasing numbers, causing a serious shortage of well-qualified workers. Immigration agencies are experiencing an increase in people with good qualified careers who are going abroad for a variety of reasons. According to informed sources, the main reasons are cited as the shrinking economy, the state’s..
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Two missing South Africans in Vietnam organ’s may have been harvested
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The two missing South Africans in Vietnam fit the same pattern of victims of organ harvesting, says Imtiaz Sooliman, founder of the Gift of the Givers. “From everything we’ve seen in these two cases, it doesn’t look like anything else. We hope there is another chance to save them, ”Sooliman said. He talked about John..
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SA Bantu Protecting Rwandan Bantu Genocide Suspect? Majority Bantu regime in SA not co-operating with UN ICC – This is not the first time SA failed to assist in the arrest of fugitives sought by the UN court
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The chief prosecutor of a UN tribunal on Wednesday accused South Africa of failing to co-operate in the arrest of a fugitive sought over his role in the 1994 Rwanda genocide. “Since August of last year, my office has been seeking urgent cooperation from South Africa in relation to the arrest of a fugitive located..
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South Africans can now visit 99 countries visa-free or with a visa-on-arrival, according to the latest Henley Passport Index
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This latest ranking of passport power and global mobility – which is based on exclusive data from the International Air Transport Association (IATA) – shows that overall, African states continue to fare poorly, although there have been some recent positive changes as more countries on the continent relax their visa policies.
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What South African expats need to know about financial emigration and recession
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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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