Financial emigration: SARS and small expatriate fish

Emigrating from South Africa is not as simple as packing up your bags, jumping on a plane and setting up shop somewhere else. Unfortunately, there is still the issue of tax and no matter where you go, the taxman remains interested.

The South African Reserve Bank, SARS and even the globally agreed “common reporting standards” or “CRS” want to know your movements. Even Home Affairs have climbed on this bandwagon in respect of the White Paper released last year which recommends that all South Africans abroad must report themselves correctly, for good recordkeeping and for the authorities to know their whereabouts.
Continue reading…

Enjoyed this post? Share it!

 
 

#GoToOz? Australia giving special attention to fast-track humanitarian visas for white South African farmers

Australian Home Affairs minister Peter Dutton says white south african farmers deserves ‘special attention’ due to the ‘horrific circumstances’ they face in South Africa. He told the Daily Telegraph on Wednesday his department was examining a range of methods to fast-track their path to Australia on humanitarian or other visa programs.

South Africa’s new president, Cyril Ramaphosa, is pursuing legal changes to allow appropriation of farm lands without compensation for redistribution to black South Africans.
Continue reading…

Enjoyed this post? Share it!