Explore Our Financial Insights: South Africa | UAM
South Africa

15th Jun 2020

SCHENGEN IMMIGRATION UPDATE FOR SUPERYACHT CREW 

The COVID-19 pandemic has impacted countries worldwide including the implementation of various measures such as international travel bans and...

Read More
South Africa

28th Feb 2020

Tax changes for South African yacht crew

South Africans working and living abroad, including yacht crew, will only be exempt from paying tax on the first R1 million they earn abroad when...

Read More
South Africa

16th Jan 2020

Expat Tax 2020 | Where Do South African Yacht Crew Fit In?

The two burning questions typically asked by South Africans working on yachts are: What does Expat Tax 2020 mean? How will I be...

Read More
South Africa

16th Jan 2020

Will SARS find me?

"If I never register with SARS, I will never get caught” With all the uncertainty around the change in the foreign employment exemption in the...

Read More
South Africa

14th Oct 2019

South Africans are applying for EU passports in record numbers

More South African nationals are making the decision to apply for EU passports in a bid to avoid the increased tax proposals. The legislation hasn't...

Read More
South Africa

5th Aug 2019

Standard Bank Seafarer Account FAQs

Each year we help hundreds of yachties open Standard Bank Seafarer Accounts. We often come across the same questions and have found that certain...

Read More
South Africa

27th Mar 2019

Tips for money management when the ZAR is unstable

Yachties are used to getting salaries and tips in a currency different to their home currency. When your ‘work’ currency and ‘home’...

Read More