Relocating can be expensive. But there’s a lot you can do to make sure your money is spent wisely.
You should get your money matters sorted out as soon as possible: know when to move cash and where to bank it – particularly if you’re changing currencies. Here’s how do the research on setting up a bank account before (or when) you arrive. And you may need to take advice from a financial adviser to make sure everything is as it should be – find out if that’s the case before it’s too late!
Understand the South African income tax system as a resident or non-resident, including standard tax rates.
Find out how to open a South African bank account: the documents needed and what to expect.
Understand the general taxes in South Africa. Find out what you are obliged to pay and how to make a payment.
Useful links to national government and private organisations able to help with your finances in South Africa.