Contemporary Financial Emigration Misconceptions

29/11/2024 19 min
Contemporary Financial Emigration Misconceptions

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Episode Synopsis

Send us a textIn this episode, Richan Schwellnus, (Tax Attorney) and Lovemore Ndlovu (Head of SARB Engagement and Expatriate Compliance), clarify the myths and misconceptions surrounding financial emigration.   As thousands of South Africans explore life abroad, many mistakenly believe that ending South African tax residency fully removes tax obligations. They cover everything from tax residency status and legal commitments to common concerns about costs, complexities, and the "exit tax" on qualifying assets.   This episode is essential for South Africans abroad seeking informed guidance on financial emigration to ensure compliance and peace of mind. Support the show

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