Frequently Asked Questions
Have questions about financial emigration, tax residency, or moving funds abroad? This FAQ section covers everything from obtaining an AIT PIN and confirming non-residency with SARS to handling inheritance and tax on foreign income. Get quick, clear answers to help you stay compliant and make informed financial decisions.
Do I need an Approval International Transfer (AIT) pin for moving funds abroad?
As a non-resident you will need an AIT pin from cent one. However, if you have not yet ceased your tax residency status and are still noted as a tax resident you do not require an AIT for any transactions below R1 million. Would you like me to explain any further?
Does ceasing my tax residency affect my South African citizenship?
No, ceasing your tax residency does not affect your South African citizenship or permanent residency. Likewise, surrendering South African citizenship does not automatically change your tax residency status. SARS will not recognise your client’s non-residency status until it’s officially declared.
What happens to my inheritance after becoming non-resident?
You may still receive your South African inheritance; however, you will need to have obtained your non-residency confirmation letter to be able to access the funds. Can I help you obtain one?
If I have financially emigrated prior to the 1 March 2021, do I need obtain a non-resident confirmation letter?
Yes, to evidence your non-residency status, you will need to obtain a non-resident confirmation letter. Can I help you obtain one?
What documents do I need to cease my South African tax residency?
You will generally need proof of permanent relocation (visa, work permit abroad), proof of foreign residence (utility bills, rental agreement, or overseas bank statements), your past SARS assessments, and any documentation showing when you last physically resided in South Africa. Having all documents in order speeds up your application and reduces the risk of delays or rejection.
How long does it take SARS to approve a non-residency application?
The time varies but you can expect SARS to review and decide in a few weeks to a few months, depending on complexity, how quickly you submit complete documents, and whether SARS requests follow-up information. Using a specialist, like us, helps streamline the process and avoid back-and-forth delays.
Will I still owe taxes in South Africa on foreign income after ceasing residency?
Generally, once you are formally non-resident, SARS no longer taxes your foreign-sourced income. However, income earned from sources within South Africa (e.g. property rentals, business activities in SA) may still be taxable. Proper tax planning and advice are essential to understand your specific obligations.
Does ceasing tax residency affect my South African retirement fund contributions or pension?
Your retirement savings and pension may still be subject to certain rules in South Africa — contributions, withdrawals, and taxation might differ once you are non-resident. We provide expert guidance to help you understand how your retirement fund will be treated, ensuring you make decisions that protect your funds and minimise tax exposure.
Can I reverse my tax residency status if I return to live in South Africa?
Yes — returning to South Africa may mean you once again meet the criteria for tax residency. When that happens, you’ll need to inform SARS, update your status, and resume compliance with tax residency obligations. It’s important to get advice early if you plan on returning, so you’re prepared for what you’ll need to do.
Do I need to declare foreign bank accounts and assets to SARS?
Yes. If you are still considered a tax resident, you must declare your foreign income and assets in your SARS returns. Even as a non-resident, certain South African income or assets may need disclosure under SA law. Proper documentation and accurate submissions help you avoid penalties or issues with SARS.
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