The main benefits of financial emigration are:
You will enjoy easy access and transfer of your South African funds if you live in another country.
You have the rare opportunity to access and transfer any retirement annuity, as well as pension, provident and preservation fund savings before the maturity date.
No, because there are a lot of rules, regulations and requirements to meet at every stage to ensure a successful financial emigration from South Africa, you cannot apply online. You have to submit the physical documentation to your banker in South Africa to complete the process.