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Found 22 results

  1. Hi, Just in case any of you are in the same boat as I am: You're subject to an assurance audit after submitting your tax return (which can take up to one year!!!) , are due a refund, and you are planning on leaving SA and closing down all bank accounts before the SARS audit will be completed, you CAN apply to have your money paid into an overseas account once the audit is finalized. You need to email a written request for the refund to be made into a foreign account to one of the following people - jmentz@sars.gov.za or hsmitvantonder@sars.gov.za, and need to attach to that email the followin
  2. Hi all, We decided last night to immigrate to Australia. My partner and I are both chartered accountants and I will move within my firm (i.e. TSS visa). I received an offer from my company for AUD 137,000 p.a. My partner will resign from his current job and will have to look for something when we arrive (expected April/May 2019 depending on visa process). Looking to the folk in Sydney, how comfortable would a life in Sydney be compared to SA? I know this is subjective, but if we spent AUD4,000 to 6,000 p/m on rent (want to cut back on travel time), it does not really le
  3. How much money do I need in Sydney (Also relevant to other cities) There have been quite a few comments about “What is the minimum I need to live in Sydney”. The average salary in NSW is $80,132 and this would have been dragged up by the super wealthy so it should be lower, add that at least 50% of the people earn less than this number if we ignore the distortion, that sets the average wage amount, so if you are earning this you are smack bang in the middle of the bunch. So what is the minimum number…. The problem is that it depends on what you consider to b
  4. Andpatt

    Credit card

    We are emigrating to Sydney in the next month or two. I have signed an employment contract and will need cash when I arrive for rental deposit and the like. Is it possible to get a credit card from any of the banks before arriving in Sydney? Or do any of the banks at least pre- approve you for a credit card? The most I can give a bank at this stage is a signed employment contract. Which banks should I approach? thanks!
  5. Spaceman

    Transferring Annuities To Australia

    Does anybody know the procedure that needs to be followed when you want to withdraw the proceeds of a RA fund. I have been advised to apply for a Certificate of Residence from ATO, to confirm that I am a resident of OZ. I must provide a blocked bank account to finalise the transfer. I was advised to stay away from banks and use specialist companies to handle the process. Please advise. Stephen
  6. nanettedv

    Loyalty Programmes

    Hello there! Are there a lot of loyalty/ rewards programmes in AUS? Just about every shop in SA has a loyalty programme. Think FNB eBucks, Pick 'n Pay Smart Shopper, Clicks, Dis-Chem, Stodels, Woolworths, Ackermans, The Body Shop, Vida e Cafè, TFG, Cape Union Mart, etc. Which ones are available in AUS and which offers the best rewards?
  7. FingersCrossed

    Bank account and Sending money - Advice

    Hello everyone - how are you all doing? Need to get some advice please on my plans and to help me with some concerns that I have. You guys have always been awesome with advice so I know I am in good hands here. I am opening a bank account (Commbank) which I plan to activate in July this year when I go with my family to activate our visa's. I currently dont have tons of cash to send over since I need to still sell my properties and get my provident fund payout. We are only officially moving over to Australia in the second half of next year (2018). So, my p
  8. Hello all. I have been in Aus almost 2 years now. June will be 2 years on a PR visa. I cashed out my pension and brought that over. No problem. Paid my tax in SA and paid into my AUS bank (what was left anyway after the Zuma conversion rate). Question is, at what point will I be taxed in Australia by ATO? Is there a concessionary amount one can bring over when emigrating and for how long will that apply? Thanks all. Not talking huge money here by the way, maybe $ 40 K (over and above what I brought previously).
  9. Geelslang

    Kruger Rands

    Hello all. Just curious. Has anyone ever brought over Kruger Rands in place of cash and sold them here in Aus? Either bringing them in on their person in a wallet for example or importing them as a coin collection for example. Any thoughts?
  10. Groover

    Money limits

    Hi there, What is the limit that can be moved from SA to Australia? I assume the best way would be via a Forex company. Tks
  11. RedPanda

    Big Four and banking comparison tool

    Hi guys, I've just been given this link https://www.finder.com.au/savings-accounts/big-four-banks by @Frandri. It gives you access to a comparison tool if you are dithering between banks and want to know what the differences are ito rates, features and options. It appears to be impartial (I did not do an in-depth search to see what motivates the site, I just looked at the recommendations they give) I think it's a great tool for newbies who just want to know the basics to make up their own minds. Thanks Frandri!
  12. Hi all, I was hoping to get some guidance. I have created a commonwealth account in Aus. I am planning to head over on the 13th. I have a fair bit of money that I want to transfer there. Do I transfer now or do I transfer the money only once I have landed and activated. I am naively scared I move all my money across and cannot activate or something. Thanks
  13. Hi everyone, We emigrate to Melbourne on the 15th of September 2016 and just wanted to enquire from those who are already in Aus what are my best options: 1) leave all our money in our south African accounts and withdraw it in Aus or 2) withdraw everything and convert to Dollars in S.A. We are just trying to compare options and obviously would like the option where we get " the most money out" Thanks in advance Jodie Barker
  14. Hi all, I need some more advice. I recently relocated to Australia, Melbourne. I am looking for a tax specialist/accountant that could assist me with my taxes and general money matters. If anyone can recommend or suggest a person/people/organisation it would be greatly appreciated. Thanks, Jaco *Edited to include more information
  15. JJDLmoving

    Sales Manager Salary

    Hi Everyone, I am new to this forum and i must say i love it - Such a wonderful source of information. This is my 1st post so i hope it is in the right place! Maybe someone that is in this industry or recruitment could help answer my questions. We are in the very early stages of applying for our 189 Visa. My wife is a kindergarten teacher and i am a sales and marketing manager. I was wandering what type of salaries we could expect to earn once we touch down, either in Sydney or Melbourne. We have been told that she can earn between $70k-$80k per year and i can exp
  16. RosFam

    Tax Clearance Certificates in SA

    Hi all - i haven't been to the forum in some time but I am starting to get a little frustrated about the length of time it has taken to get tax clearance certificated sorted out so i can get the rest of our money out of Africa. I have been using a bank until this time but the service has become spotty and the result is that i have had huge delays in getting this money out. Can anyone recommend a company in SA that can get tax clearance certificates sorted quickly with the minimal of fuss. Any help is appreciated.. Thanks -Alan
  17. Has anyone had experience getting n inheritance paid to Australia from SA? I'm having difficulty with this as I didn't inform the reserve bank of my emigration & so the bank won't pay the money to my Aussie bank account. Does anyone know of a good consultant who could help me move the money out & guide me through this process?
  18. Firstly, many thanks to everyone who posts regularly on these pages - it's been a massive help so far. I have accepted an offer to transfer to Sydney with my current company. Signed the final contract yesterday, so early days in the process. I'll be heading over with my wife and two kids, both under 2 years old. I've done a lot of reading / research, but I would like to make doubly-sure I'm not missing any monthly expenses / hidden costs that we may incur living in Sydney. Some of the costs - especially for housing - are a bit scary... After deductions - Super, Health Insurance (for me), Life
  19. This question has been asked a few times in different ways - I've read the responses and I'm still a little confused. Hoping one of the resident experts here can guide me please. We will be heading over to Aus on a 457 visa. We are renting out our house so will be receiving some 'income' in SA. Question is - what do we do with our bank accounts in SA? I've read about 'blocked' accounts - does that apply to us on a 457? We will close all but one account and use that to receive rent and send funds to Aus. What about investments? Share accounts? Can I still trade equities online while in Aus on a
  20. Hi all, My children's dad recently passed away, and left the children an inheritance each which I want to move over to Aus as soon as possible. We are only going to be arriving next Dec after my daughter has finished matric, and I don't want to keep the money here in SA with us with the exchange rate being so volatile. I currently have a Westpac e-saver account, but the interest rate on that is only 1.75%. They also have another account called a Westpac Reward saver, but that requires a monthly deposit, and zero withdrawals else the rate drops from 2.5% to 0.01% which seems almost criminal!!
  21. Looking for any advice or experiences from people on moving money into Australia. Are there any restrictions on how much you can bring in? How are transfers taxed? I've read that transfers should be documented and declared to the ATO - is this correct? What about sources - can you receive money from multiple sources in your own name and account? Thanks in advance.
  22. Just want to find out. What is the maximum one can take out of SA. I seem to remember a quote of R 1,000,000 per person per year. Is this right and if so is it per person per calendar year (Jan to end Dec)? Need the money to buy a bicycle this side. LOL
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