Tax Emigration Calculator

Tax emigration occurs when you cease to be a South African tax resident. Section 9H triggers a "deemed disposal" of your worldwide assets at market value, as if you sold them.

Deemed disposal is a notional sale of your assets for CGT purposes when you cease SA tax residency. Investment assets (shares, unit trusts, etc.) are treated as sold at market value. SA immovable property is EXCLUDED.

No. SA immovable property (your home in SA) is specifically excluded from deemed disposal under Section 9H(2). You only report the gain on investment assets like shares and unit trusts.

When you cease tax residency, your retirement fund value is deemed to be withdrawn. This is taxed under the "withdrawal" lump sum table (R27,500 tax-free, then 18%, 27%, 36% brackets), not the more favourable "retirement" table.

Deemed disposal happens at the moment you cease residency. You may elect to roll forward base cost to your new country's tax system (Section 9HA election). Consult a cross-border tax advisor to plan your exit tax liability.

When calculating CGT, the first R2,000,000 of capital gain on your primary residence is excluded. This applies even during deemed disposal, but the gain itself is not taxed since the residence is excluded.