The South African Reserve Bank recently confirmed that they are investigating the possibility of launching a “digital rand” and that this research should be complete sometime next year. A rising…
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The rules are changing. In 2021 the formal process of financial emigration through the South African Reserve Bank will be phased out. What does this mean? It means that South…
Retirement annuities are fantastic long-term, tax-efficient savings vehicles designed to set you up for your golden years – but what happens if you no longer plan to retire in South…
Planning, saving and investing for your retirement is one of the most important things you can do during your working life. One of the most sensible ways that people prepare…
Retirement annuities (RAs) are designed with long-term saving in mind. Legislation surrounding the governance of RAs is extremely strict, and access to the funds in your retirement annuity is tightly…
On home soil your options are limited, but once you emigrate, you’re entitled to cash in and transfer your retirement annuity funds abroad. Here’s what expats need to know about…
If you are a South African living abroad, you’ll be delighted to discover you can turn your South African retirement annuity and various other South African-based savings and investments into cash,…
Many South Africans living abroad are unaware that their relocation abroad enables them to access certain financial investments like retirement funds a lot earlier than they would be able to…
For many people their ‘nest egg’ is their retirement annuity, which they have been saving for their entire lives. The term ‘nest egg’ originates from the United Kingdom and United…
When you start off your expat journey, retiring might be the furthest thing from your mind. But if you spend a lot of your life working in a foreign country,…