Yip - I left for Zambia 8 years ago and just let the fund continue as is
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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.