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Mar 10, 2021 | FinGlobal
One of the toughest things for expats to deal with is homesickness. No matter how long you’ve lived away overseas, sometimes you just get an inexplicable yearning to go back and experience those things found only in South Africa. You know what we mean: a sunset game drive in the bushveld, the views from the top of Table Mountain, the sounds of a highveld summer thunderstorm, the smell of a braai.
That’s home.
That’s South Africa.
While it might not be possible to experience those things right now, you can do the next best thing – you can be a tourist in your own home country and go sightseeing, without leaving your couch or busting out the passport. We’re talking about taking a virtual tour of some of the best attractions that South Africa has to offer using the power of your internet connection.
Jan 22, 2021 | Newsletter
South Africa’s history has been alive with challenges that have seemed somewhat insurmountable over the years. Our political past is not only unique, but one of the scariest. And yet, South Africans still seem to come out on top, shining…smiling. With such a close-knit nation, “a rainbow nation” as it is described, that gels so effectively; no one would ever imagine just how challenging our country’s past has been. And that’s what makes all of us proudly South African! Being proudly South African means picking ourselves up, dusting ourselves off and heading forward instead of backward. It means recognising the good in our fellow countrymen and focusing on what’s important: growth and a happy lifestyle. Living in this beautiful country or at least coming from such a beautiful country is something to be proud of!
Jan 22, 2021 | Newsletter
The rules are changing. In 2021 the formal process of financial emigration through the South African Reserve Bank will be phased out. What does this mean? It means that South Africans who move abroad will no longer be able to use financial emigration as a way to trigger the early withdrawal benefit on retirement savings like pensions and annuities. Let’s explore the
What happens to my Retirement Annuity (RA) if I emigrate?
South Africans who have completed the process of formal emigration with the South African Reserve Bank in order to have their status updated for exchange control purposes from “resident” to “non-resident” are currently able to withdraw their retirement savings in full, subject to lump sum withdrawal tax.