DANIEL BAINES: Tax implications for your pension or provident fund if you emigrate
You cannot transfer your retirement savings to a fund in the country you are moving to without any negative tax implications
If you are emigrating from SA, you may be wondering what you can or should do with your pension or provident fund. You essentially have two options. First option: withdraw the amount from your pension/provident fund.
Unfortunately, this will lead to you being taxed in SA on the amount you withdraw...