Returning to South Africa: The key elements to consider, Julian Adshade, Sable International

Returning to South Africa after living and working overseas is not as easy as hopping on a plane with your family and quickly settling back in, even though it may all feel familiar. Julian Adshade from immigration specialist Sable International told BizNews in an interview that there are many essential factors to consider. This includes understanding your residency status, managing bank accounts, navigating tax implications, securing medical aid, evaluating pensions, obtaining life and disability insurance, handling currency transfers, and updating wills. If you’re returning from a country like the United Kingdom, one potential advantage lies in the differences in inheritance tax regulations. Adshade emphasised the importance of planning to avoid financial and legal pitfalls, ensuring a smooth transition for expats moving back.