The 2018 Budget Speech announced additional tax relief upon “Financial Emigration” for non-residency status.
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About financial emigration
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Entries by financial emigration
A previous limitation to criteria which enabled South Africans working abroad to make early withdrawals from their retirement annuity funds has had unintended policy consequences. This has prompted proposed measures in the Draft Taxation Laws Amendment Bill whereby individuals will have to formally emigrate to be able to make early lump sum withdrawals from their […]
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