October 27

Transferring Retirement Funds Abroad

0  comments

Transferring Retirement Funds Abroad

Transferring Money out of South Africa!!

RETIREMENT ANNUITIES CASHED OUT.

Planning on transferring your RETIREMENT FUNDS out of South Africa?

Retirement annuities can be cashed out in South Africa before retirement age subject to tax emigration rules effective from the 1st March 2021.

If you are looking to cash in a retirement annuity before reaching retirement age (55), the new 2021 tax emigration rules dictate that you will have to prove three years tax residency abroad before being able to cash in RA’s and transfer the funds abroad.

If you are ready to transfer your retirement funds out of South Africa or have any questions, email WhiteBirch now at fx@whitebirch.group

WhiteBirch Group

fx@whitebirch.group.

Head Office UK: +44 (0) 207 018 8552

Trading desk in Hartley Wintney (UK) & Pretoria (SA)

WhatsApp: +44 (0) 790 893 3594

Loved this? Spread the word


Related posts

Transfer Funds Safely & Securely out of South Africa

Transferring funds out of SA does not have to be complex. Here you will find an simplified and friendly solution to transferring funds abroad whilst giving you the security of bank to bank service at bank beating rates.