How will the Taxman come after South African Expats?

SA Flag on Merlion


Thursday 21st September

As a South African expat in Singapore living in a country where the top tax rate is 22%‚ but your salary falls into South Africa’s 45% tax bracket‚ the taxman now wants to come after you to collect the difference of 23%.

AAM Wealth Solutions, working closely with Quilter, are examining closely the options open to South African expats in Singapore, namely:

  1. Establishing Non-Ordinarily Resident Status and ensuring that you do not fall foul of the Physical Presence Test
  2. Formally Emigrating financially from South Africa
  3. Accepting the changes and paying the additional tax bill

How can you find out where you stand?

At our forthcoming seminar on 21st September, in addition to reviewing how you can tax efficiently structure your wealth, we will be outlining the impact of the proposed changes and considering how each of these three options could work for you.

Date: Thursday 21st September 2017

Speaker: Ian Black, Head of Wealth Solutions

Time: Choose one of the following session timings

  • 12.30 pm to 1.30 pm (Seminar commences @ 12.45pm)
  • 6.00 pm to 7.30 pm (Seminar commences @ 6.30 pm)

Cost: Complimentary (Light Refreshments Included) Wine available at 6.00 pm

Venue: AAM Advisory, CapitaGreen #06-01, 138 Market Street, Singapore 048946