What is the difference between emigration and financial emigration?

Emigration and financial emigration may sound the same, but they are two different processes. Emigration is when you physically move with all your belongings from South Africa to another country to start a new life, whereas financial emigration is the process of informing the South African Reserve Bank (SARB) that you have financially permanently left South Africa. With financial emigration, your status with the SARB then officially changes from resident to non-resident for exchange control purposes. It is important to know that this does not happen automatically, even though you have physically emigrated from South Africa.

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

Can you financially emigrate before you actually leave South Africa?
What is the difference between emigration and financial emigration?
How much money do you need to financially emigrate?
If you financially emigrate can you return and work in South Africa?
Can you financially emigrate from South Africa if you have debt?
What is the difference between emigration and immigration?