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Got some cash to purchase but do I wait for the drop and then buy or do you get in as it is 10 year plus outlook.
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Shares / Re: Getting out of an RA ( Liberty ) !
« on: June 20, 2018, 10:13:27 am »
Yip - I left for Zambia 8 years ago and just let the fund continue as is 
.
Now I am fixing all, estate planning etc so I am trying to effect the "Official Emigration" via SARB/ SARS , proving a little difficult as we will need to return for schooling of the little ones, so just confirming how this will effect everything.
It becomes interesting as you are a SA citizen who does not live in the country and has not for 10 years but when I came back, I basically enter as a foreigner with regards to banks, credit cards and what really gets them messed up is that I have two cars still in RSA, so the licensing departments solution was that I need to put them in someone else's name as I will not have a residence in RSA and cannot get the proof of residence to renew the license every year !
If I can get it out ( with emigrating ) I will pay all fees and get it out.
If if can move and pay fees, to move to a lower cost, I will. Thanks for the heads up.
I would of though that there would be another option that you can pay all the taxes owing and move it to another policy - no versatility what so ever with RA's
Thanks for the help.
.Now I am fixing all, estate planning etc so I am trying to effect the "Official Emigration" via SARB/ SARS , proving a little difficult as we will need to return for schooling of the little ones, so just confirming how this will effect everything.
It becomes interesting as you are a SA citizen who does not live in the country and has not for 10 years but when I came back, I basically enter as a foreigner with regards to banks, credit cards and what really gets them messed up is that I have two cars still in RSA, so the licensing departments solution was that I need to put them in someone else's name as I will not have a residence in RSA and cannot get the proof of residence to renew the license every year !
If I can get it out ( with emigrating ) I will pay all fees and get it out.
If if can move and pay fees, to move to a lower cost, I will. Thanks for the heads up.
I would of though that there would be another option that you can pay all the taxes owing and move it to another policy - no versatility what so ever with RA's
Thanks for the help.
4
Shares / Getting out of an RA ( Liberty ) !
« on: June 17, 2018, 12:26:41 pm »
Hello Guys
I am not sure if you have dealt with this topic before, if you have please just point me in the right direction to the post/link.
I have a RA with Liberty ( The RA LA Excel Lifetime Phases 5 ) started in 2010 which I am being murdered and cheated with fees of 3,78% costs ( Advised originally by Liberty )
I am trying to get out of it ( theres about R200 000) Any advice on what I can do with it while I am trying to emigrate.
I live in Zambia and starting the process to emigrate but will take a while but what can I do to get this money out or move it ! ( I will be willing to pay all taxes and penalties, I just want to get away from these thieves !
Any advice would be much appreciated
I am not sure if you have dealt with this topic before, if you have please just point me in the right direction to the post/link.
I have a RA with Liberty ( The RA LA Excel Lifetime Phases 5 ) started in 2010 which I am being murdered and cheated with fees of 3,78% costs ( Advised originally by Liberty )
I am trying to get out of it ( theres about R200 000) Any advice on what I can do with it while I am trying to emigrate.I live in Zambia and starting the process to emigrate but will take a while but what can I do to get this money out or move it ! ( I will be willing to pay all taxes and penalties, I just want to get away from these thieves !
Any advice would be much appreciated
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