SARS warning for wealthy taxpayers leaving South Africa

Leaving South Africa physically is no longer enough to escape the reach of the South African Revenue Service (SARS). According to experts John-Paul Fraser and Vivian Cox from Tax Consulting South Africa, high-net-worth individuals who attempt a "silent exit"—relocating offshore without formally ending their tax residency—face significant financial risks. Tehillah Niselow spoke to Thomas Lobban MD at Ibex Consulting.See omnystudio.com/listener for privacy information.