With the South African economy currently in recession, lessening the effects of Rand volatility is a top priority for many people at the moment. Many expatriates have retirement funds and other assets in South Africa that they would like to withdraw and transfer offshore. This is known as the process of financial emigration. SAFFA.com had a look at the most common questions about this process below.
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What South African expats need to know about financial emigration and recession
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Wêreldgeluks-verslag – Suid-Afrikaners is nie ’n besonder gelukkige spulletjie nie
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Suid-Afrikaners is nie ’n besonder gelukkige spulletjie nie. Selfs in kommunistiese lande en van dié waar mense onderdruk word en deur terrorisme of burgerlike onrus geteister word, sal jy gelukkiger mense aantref.
Dit blyk uit die nuutste World Happiness-verslag wat Woensdag uitgereik is. Boonop het Suid-Afrika, vergeleke met verlede jaar, vier plekke teruggesak tot nommer 105 op die ranglys van 156 lande.
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2018 set to bring new (official) emigration record for South Africans leaving SA
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Whilst the unofficial amount is undoubtedly far higher, a new official emigration record is being predicted for 2018. The experts say more South Africans are leaving than ever before. Why? Need they still ask? With so much going on in South Africa practically every day, South Africans are set to break their own emigration record..
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South African Expats (SAFFAs) with Kids Take Six Months to Settle but it Makes Families Closer
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Despite the benefits of raising a family abroad, parents and children alike take time to settle into their new life. However, the challenge can bring families closer together, according to new data. Almost half of expat parents say their children take longer than six months to feel at home in their new country, with 25%..
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