What is the difference between financial emigration and formal emigration from South Africa?

There is no difference – financial emigration is also known as formal emigration – and both refer to the process that formalises your permanent exit from South Africa for exchange control purposes. When you financially emigrate, you inform the South African Reserve Bank (SARB) that you have financially permanently left South Africa and then your exchange control status with the SARB changes from resident to non-resident.

It is important to understand that financial emigration is a SARB process, and that it does not change or affect your status as a South African. You and your family can ‘formally’ emigrate and still have the right to South African citizenship and your South African passports.

Submit your contact details below and a financial consultant will contact you.



We’ll answer all your questions. Your personal consultation is completely free and without obligation.





Licensed South African Financial Services Provider FSP # 42872

Follow us on Social Media

Related Financial Emigration Questions

What is financial emigration from South Africa?
What is the difference between financial emigration and formal emigration from South Africa?
Why do you need to financially emigrate from South Africa?
What are the benefits of financial emigration from South Africa?
How much money can I take out of South Africa?
What are the advantages vs the disadvantages of financial emigration from South Africa?
How to access your South African retirement annuity?