What is the difference between financial emigration and emigration for tax?
Financial emigration is a process that formalises your permanent exit from South Africa for exchange control purposes, which results in a change to your status from resident to non-resident at the South African Reserve Bank (SARB).
Emigration for tax is when you cease to be a tax resident of South Africa, which could have significant exit tax consequences in the form of capital gains tax at the South African Revenue Service (SARS).
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