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3 scary truths about emigrating

By August 27, 2015July 25th, 2020Financial planning

3 scary truths about emigrating

August 27, 2015

So you’ve decided to emigrate: exotic accents, greener pastures, and exciting employment prospects have won you over. Sure, it’s hard to say goodbye to those sure-fire South African staples… endless sunny skies, biltong, braais, not to mention the rugby. The lump in the throat lasts until the departure lounge and from then on there’s no turning back. This is what you’ve dreamed about all these years; this is what you’ve worked towards… isn’t it? That being the case, however, there are three scary truths to face.

1. Community differences

If community is what it’s all about for you, then emigration is the chance to start again. Starting over means making new friends in a new neighbourhood. Chances are, you are making tracks for the shores of an English-speaking country. But if this is not the case, the language barrier is yet another angst trigger. How will you manage without the support of friends and family? How well do you cope with change?

2. Stress Triggers

If the death of a spouse and divorce are ranked number one and two, then emigration has the potential to side-line these to the substitution bench. Trying to take control of all the financial variables involved in setting up a new life on foreign shores is guaranteed to be gut wrenching. Often, we just need to know that a financial migration plan is available.

3. Financial setbacks

Make no mistake, living the expat dream is a costly business. It may not be the five-year reversal of fortunes that was the main topic at the last braai, but it’s enough to keep you counting sheep well into the night. Everything you’ve worked for, the nest egg, that dream house, your pension scheme, all feels at risk.

The one thing you don’t have to worry about is getting your finances out of South Africa. If you require help migrating your financial capital out of the beloved country, then cashkows’ experienced team will get your hard earned Rands out of SA in a way that will make that scary transition easier. Join thousands of satisfied South Africans in their new lives, secure in the knowledge that with cashkows, their finances are in safe hands. Let us organise your financial migration plan.

Get back to the notions that got you thinking about moving in the first place. Enjoy the fruits of your life and labour, in a place you want to be, surrounded by the people you care for.

If you would like to convert your pension or retirement annuity to cash, can help you. If you would like to speak to one of our consultants, let us call you.

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