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South Africa’s Financial Future in Limbo – Should You Exit Now?

The initial disbelief and shock on the postponement of the 2025 Budget Speech may have made way for cooler heads and the hope that more deliberations will deliver better budget outcomes for vulnerable citizens and a platform for economic growth, but many South Africans are questioning whether now is the right time to move their...

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2025 Budget Speech: August House Adjourned – Is it time to make the move?

The unexpected postponement of the 2025 Budget is causing endless speculation as well as heightened unease and uncertainty among business owners, investors as well as South African taxpayers about what the immediate future holds. Maybe even more so for South African expatriates who have moved abroad and those considering relocating to another country, as the...

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Saudi’s national employment targets leave many South African expatriates high and dry

South Africans are among a growing number of global expatriates in Saudi Arabia and the United Arab Emirates (UAE) who are forced to return home due to strict local employment targets. Commonly known as Saudization and Emiratisation , these policies aim to increase and ensure more jobs are filled by Saudi and UAE nationals. Mbalenhle...

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Returning to South Africa? SARS is Waiting for Expats Coming Home

Be it the call of South Africa’s pleasant weather, a desire to raise a family close to parents, or retiring to the high-life, many thousands of South African expats elect to return home every year. No matter the reasons for repatriation, the South African Revenue Service (SARS) wants to know the finer details of when...

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5 Common Misconceptions That Expats Must Know About

What is a Double Taxation Agreement (“DTA”)? A DTA is a legal and binding bi-lateral treaty between two countries that specifies which country’s tax authority holds the right to tax you on your earnings. In other words, where you are tax resident in one country and earning income in another, a DTA will determine taxing...

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DTA Between SA and UAE | Tax Showdown: United Arab Emirates vs. South Africa – Expats, have you thought about this battle?

DTA between SA and UAE - Thinking about trading South Africa’s sunny shores for the UAE’s dazzling skyline? You’re not alone! Many are drawn to the UAE for its attractive salaries, rich cultural heritage, and impressively low crime rates. Plus, it's a thriving First World economy. But before you pack your bags, remember one crucial...

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Foreign Tax Credits – Welcome Surprise or Snare for Wealthy South African Taxpayers?

In an exciting recent development, National Treasury published a set of draft Tax and Revenue Law Amendment Bills, together with accompanying Explanatory Memorandums thereto, for public comment. These draft Bills contained a host of robust proposed changes to tighten certain loopholes and inconsistencies in South Africa’s tax laws. Richan Schwellnus Tax Attorney While many of...

Woman looks stressed, holding her temples, contemplating a miniature house and calculator, signifying financial housing

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DTA between SA and UK – If Home Is Where the Heart Is, Where Is Your Tax Residency?

DTA between SA and UK - South Africans see many positives in leaving the shores of the rainbow nation to find a new home in the United Kingdom (UK). There are various push and pull factors that come into the picture, pull factors being the power of the pound, a stable economy, no loadshedding, while...

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Residency Recommencement Considerations – What South Africans Returning Home Need to Know

Historically, hundreds of thousands of South Africans have relocated to various foreign countries seeking greener pastures. Officially, Stats SA’s March 2024 Migration Profile Report recorded that almost a million South Africans were living and working abroad by 2020. This number increased from more than 743 000 expatriates residing abroad in 2010. Delano Abdoll Legal Manager:...

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