FINANCIAL EMIGRATION REVERSAL
Many South African tax residents have turned to Financial Emigration, commonly referred to as FE, to formally cease their tax residency in South Africa and escape the significant tax liability on income earned outside South Africa. The FE process is a formal process done through SARS and SARB.
However, what happens when unfavourable circumstances like job loss or new family obligations arise that require you to return to South Africa?
Once your tax residency in South Africa has been relinquished and you have gone through the formal process of financial emigration, can you apply to SARS to reclaim South African tax residency and essentially reverse your financial emigration?
Our team of Emigration, Tax and Legal Specialists have the necessary skills and tools to assist in processing a reversal of financial emigration and reclaiming South African tax residency on your behalf.