University of Pretoria Open Day 2013

The Law Faculty of the University of Pretoria held its annual Open Day for law students on the 9th of March 2013. During this day, law students are provided with an opportunity to interact with professionals and to discuss their career possibilities with specific focus on application requirements for appointment as candidate attorney’s at VDT Inc.

Elize Krause, Ralf Schulz, Bridget Masilo and Lizelle Preuyt represented VDT Inc. during this Open Day.

March 28, 2013
Navigating financial emigration

Navigating financial emigration

In recent years, South Africa has seen a notable rise in financial emigration. This shift comes with significant tax implications, as individuals who cease to be tax residents must navigate complex regulations and financial considerations. Understanding these implications is crucial for anyone considering this move. Financial emigration refers to the formal process by which South African taxpayers alter their tax residency status, change their status with the South African Reserve Bank (SARB) for exchange control purposes and relocate their financial assets to other countries. This often involves transferring wealth, investments, and retirement funds offshore. The South African Revenue Services now mainly oversees this process, allowing individuals to terminate their tax residency in South Africa while effectively transferring their finances overseas.

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