Adopting foreign citizenship after leaving South Africa has drastic effects on a person’s financial affairs.
With this, all rights and privileges associated with being a South African citizen, including losing one’s right to a South African passport, one’s right to vote and more. According to the tax specialists, relinquishing your status as a citizen has no tax benefits, and you will be alienated from certain rights you may consider your heritage and not worth sacrificing.
When you formally accept citizenship in another country, you can be issued a passport and enjoy all the benefits of being a citizen. But you will relinquish your South African citizenship by that act alone, said the experts.Section 6 of the Citizenship Act allows you to apply to the Minister of Home Affairs to retain your South African citizenship.
Ehm….. correction … we not living but rather surviving in 🇿🇦
What exactly is the benefits of being a citizen of a deterioration 3rd world country?
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