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Tag: Foreign Investment Allowance (FIA)

Policy withdrawals after financial emigration – SARS’ current challenges

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There are many reasons why South African tax residents undertake to cease tax residency through the financial emigration process. One of the reasons is that a successful financial emigration provides one with the rare opportunity to fully encash your policy funds.

Understanding an offshore allowance

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With an economy in the doldrums, South Africans are increasingly looking to make use of business and investment opportunities offshore. However, it’s important to note that as a South African resident, you are subject to certain exchange control regulations.

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