Planning properly for emigration and the process of becoming a South African tax non-resident is vital for advisers to understand in the context of tax, exchange control, and financial planning and advice.
For our last webinar of the year, host Jennifer Anderson returns for the second installment of her emigration series, this time with guest Cobus Kruger, co-author of The Practical Guide To Offshore Investments.
The focus will be to unpack the practical implications that South African financial advisers should consider when advising clients embarking on the emigration journey. We will also explore whether it is practically possible for South African advisers to maintain advice relationships with clients that are emigrating.
Learning outcomes include:
Emigration is a widely used term today, in the past “financial emigration” was used as a term to describe the financial implications of leaving South Africa. The concept or term “financial emigration” have become absolute as result of recent regulatory changes.
The correct description is “becoming a South African Tax Non-Resident” and the focus in context is on the tax, exchange control and financial planning or advice implications as a result of such a status change.
The focus of this webinar will be to unpack the practical implications that South African financial advisers have to deal with when advising clients embarking on the emigration journey.
Is it a threat or an opportunity?
The practical implications we will cover include:
Lastly we will touch on whether it is practically possible for South African advisers to maintain advice relationships with clients that are emigrating or clients with beneficiaries that have emigrated.
There is a potential immigration opportunity, which is spectacularly ignored, and have long been a very vibrant and active market segment in South Africa.
Learning outcomes:
