Non-Residency and Assets – What you need to Know

Taking the leap and ceasing your tax residency is a big step for many South Africans, who are already under the strains of their physical move abroad. This stress often leaves one in a period of limbo wondering about their assets and what happens to these hard-earned investments, properties, policies and portfolios, to name a few. Giving one sleepless nights about planning around their assets remaining or joining them on their new ventures.

Lovemore Ndlovu

Head of SARB Engagement and Expatriate Compliance at Tax Consulting SA