Changing Direction

Phase 3

Changing Direction?

Ensuring a smooth financial transition back to the home country.

Being aware of what has changed since you were away; salary benchmarks.

Repatriation tax planning required; property related taxes.

Monitoring and review of performance to expectations of investment portfolios.

Beware of a potential window period expiry period within which to join a Medical Insurance.

Optimising your banking fees and costs – how many accounts do you still need/which ones need to close?

Impacts of potential loss of employer/state/government subsidies.

Wills, Power of Attorney review within changing life events.

Optimise benefit structures for employees and own package – maximise tax efficiency.

✓ Tip 1: If returning to SA, ensure all foreign assets and investments comply with SARB exchange control requirements.

✓ Tip 2: Review your tax residency status and determine the best timing to return to minimize tax implications.