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  • FINANCIAL EMIGRATION GOING NOWHERE: THE NEW CONFIRMED PROCESS

    Financial Emigration remains the only formal process used by many South Africans abroad to cease their tax residency of South Africa. The process has changed slightly from 1 March 2021 and it is important to familiarise yourself with the new requirements.
    LEARN MORESTART EMIGRATION PROCESS
  • GUIDANCE ON SARS EXPATRIATE AUDITS

    The questions on many expatriates’ minds are often “how will SARS find me? What does the SARS audit of an expatriate look like and what questions should I expect?”

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  • FINANCIAL EMIGRATION & RELOCATION FROM SOUTH AFRICA TO ABROAD

    Financial Emigration
    is the formal process to note oneself as a non-resident for tax and exchange control purposes in South Africa. The process ensures that one has met all requirements under the Income Tax Act No.58 of 1962 to ensure that one is a non-resident in accordance with South Africa’s tax residency tests and also ensures compliance with all exchange control regulations for non-residency.
    LEARN MORESTART EMIGRATION PROCESS
    Financial Emigration
  • SPECIALISED TAX CALCULATOR FOR SOUTH AFRICAN EXPATS

    Deadline is end of August 2021 for first provisional tax payment. Let us compute and plan your future taxes, ensure you are safe and compliant, even help sue your delinquent tax professionals, if you have been misled on your compliance status.
    LEARN MORECONTACT US
    Expat Tax Calculator
  • THE FIRST OF ITS KIND IN SOUTH AFRICA

    A SOUTH AFRICAN FIRST ADDRESSING THE COMPLEXITIES OF EXPATRIATE TAXES FROM A SOUTH AFRICAN PERSPECTIVE

    LEARN MORE
    LexisNexis Expat Tax Textbook

FINANCIAL EMIGRATION

Financial Emigration remains the only SARS process used by many South Africans abroad to cease their tax residency of South Africa. The process has changed slightly from 1 March 2021 and it is important to familiarise yourself with the new requirements.

“Therefore, if one financially emigrates (taking into consideration the tax residency tests) that would then indicate that the taxpayer ceased to be a tax resident.”

SARS, Foreign Employment Income Team

ABOUT US

OUR BACKGROUND

Financial Emigration, a division of Tax Consulting South Africa, offers a bespoke service to individuals wishing to terminate their tax residency status with the South African Revenue Service (“SARS”). We have more than 17 years of experience across a number of different fields allowing us to offer expert advice across the board, while maintaining high levels of service excellence. This uniquely enables us to facilitate your complete financial emigration as well as the recovery of any retirement funds, such as pension funds or retirement annuities.

Undergoing the Financial Emigration process, proves one’s intention to permanently reside outside of South Africa which coincides with South African tax residency tests – thus the formalisation of both exchange control and tax residency statuses being noted as “non-resident”.

7 REASONS WHY YOU NEED US FOR YOUR FINANCIAL EMIGRATION PROCESS FROM SOUTH AFRICA

WHY US FOR FINANCIAL EMIGRATION?

Financial Emigration is part of the Tax Consulting South Africa group of companies which has been in existence for 17 years and are widely acknowledged as the market leaders in Expatriate Tax. The group was entrusted by Barry Pretorius and South African expats worldwide to represent the Expatriate Petition Group (“EPG”) in parliament to fight the law change, which resulted in the R1.25mil exemption, and also authored the LexisNexis’ first of its kind Expatriate Tax textbook released late year.

Our multidisciplinary team of more than 130 professionals including Tax Attorneys, Tax Practitioners, Chartered Accountants (SA) and Emigration specialists, will take over the entire FE application process on your behalf. This gives you peace of mind that the administratively burdensome and somewhat complex process is handled end-to-end, where we deal closely with SARS, ensuring full compliance with all legislation.

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When your Financial Emigration is successfully completed through our company, we guarantee non-tax residency on record with SARS and SARB.

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IN THE MEDIA

RADIO AND TELEVISION

LATEST ARTICLES

A Crucial Call to Action for South African Non-Resident Taxpayers
SARS’ New Process for Emigration and Foreign Investment Allowance
Need-to-know advice for high-net-worth SA families considering emigrating to the US

OUR TEAM

Thomas Lobban

Head of Expatriate Tax Residency
LLB, LLM (Tax), GTP (SA)

Lovemore Ndlovu

Lovemore NdlovuHead of SARB Engagement and Expatriate Compliance

Alex Mahundla

Alex MahundlaSARS Tax Compliance Specialist

Nikolas Skafidas

Nikolas SkafidasSARS Tax Compliance and Process Supervisor

Donne Trump

Donne TrumpHead of Expatriate Marketing Engagement

Chavaughn Phillips

Team Lead: Expatriate Tax

Tashreeka Mohamed

Expatriate Business Operations Team Lead

Martin Bezuidenhout

MartinBezuidenhoutTechnical Lead: Expatriate Tax
Admitted Attorney, LLB

Khutso Makgoka

Legal Consultant – Expatriate Tax
Admitted Attorney, LLB

Roxanna Naidoo

Global Partner & Client Engagement
Admitted Attorney, LLB

FREQUENTLY ASKED QUESTIONS

GENERAL QUESTIONS ON FINANCIAL EMIGRATION
PROCESS OF FINANCIAL EMIGRATION 
GENERAL EXPAT TAX QUESTIONS
TAX IMPLICATIONS OF FRINGE BENEFITS
TAX IMPLICATIONS OF FINANCIAL EMIGRATION

HERE’S WHAT OUR CLIENTS HAVE TO SAY…

Petrus Prinsloo
2023-11-16
Enjoyed working with the team
Derick Lourens
2023-11-07
I have had excellent, professional and timely service from Tax Consulting and their affiliates over the years, since I started my Financial Emigration journey in 2019. They are definitely leaders in the field of tax, FE, finances, non-resident accounts in South Africa and so much more. I cannot commend only one particular staff member, as quite a few have dealt with my tax matters over the years. A big thank you from the bottom of my heart for giving me peace of mind in dealing with SARS and ensuring I am in good standing with them. Your expertise, friendliness and speed of resolving matters are what keeps me coming back. Thank you.
Pieter Vanheerden
2023-10-13
Crystal is an excellent consultant that goes the extra mile to help.
EJ MALAN
2023-10-04
I had an outstanding experience with Financial Emigration! Their service is top-notch, and the entire process was handled with utmost professionalism. I highly recommend them for anyone considering financial emigration.
Yolande Smit
2023-10-01
We received excellent service and support to confirm and finalise our SARS non-resident status. The team supporting us were responsive, and highly professional throughout the entire process.
Hayley Whitehorn
2023-09-20
Mbali is incredibly helpful! I am not well-versed in tax obligations but she explained everything clearly and outlined my next steps. I am grateful to have her help as I go through this process, eased my anxiety significantly :)
Patrick Lambert
2023-09-13
We were guided through the financial emigration process, step by step by professional and very patient staff who had to deal with our endless questions. Highly recommended.
Ashlin Gareeb
2023-09-06
From the first call with Chavaughn till now with the other FE team members like Alex and Shuanita, they have been very helpful, professional and knowledgeable. I'm so glad I found a great team to assist me with this otherwise burdensome process. I highly recommend FE.

PROFESSIONAL LIAISONS

CONTACT US

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