South African government changes 'emigration' laws: This is how your taxes and assets will be handled

The concept of ’emigration’ as recognised by the Financial Surveillance Department of the South African Reserve Bank (SARB), was phased out with effect 1 March 2021. National Treasury has indicated that the reason for this regulatory change is ‘to encourage South Africans to keep their ties with the country’. The phasing out of emigration conceptually […]
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