VDT History and our presence in the Phatshoane Henney Group

VDT Attorneys Inc. was established in 1932, determined to offer tailor-made and effective solutions to any legal problem in a cost-effective manner. We have over the years formed strong professional relationships with our clients and correspondence practices.

Our high level of expertise and advanced work ethic is driven by honesty and excellency founded on integrity, trust and independence, allowing us to deliver only the best results according to sound financial and ethical policies.

To harness our growth, we joined the Phatshoane Henney Group of associated law firms. This Group further guides us as a firm that delivers by fostering five underpinning values:

•    We Care
•    Innovation
•    Standards
•    Expertise
•    Diversity

Our presence as one of 50 law firms in what is South Africa’s largest legal network allows us to pool our knowledge and industry resources through correspondence opportunities to promote the legal profession as one of excellence across the country.

July 4, 2018
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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