answered
Q: I am moving to South Africa, but i have an investment property here im renting out, is there anything i can do to retain as much of my superannuation so that it doesnt dwindle down to nothing while i wait to be retirement age?? will i have to make contributions to a super there as well?
A: Hi Casey,
Yes that would be great thanks!
answered
Q: I am moving to South Africa, but i have an investment property here im renting out, is there anything i can do to retain as much of my superannuation so that it doesnt dwindle down to nothing while i wait to be retirement age?? will i have to make contributions to a super there as well?
A: Thanks very much Glenn.
answered
Q: I am moving to South Africa, but i have an investment property here im renting out, is there anything i can do to retain as much of my superannuation so that it doesnt dwindle down to nothing while i wait to be retirement age?? will i have to make contributions to a super there as well?
A: Hi Glenn,
Thank you for your answer, i went to work in London for 4 years and in that time my Superannuation went from $24,000 down to $2000. They said due to me not making contributions they charged me fees. So i dont want that to happen again.
Is there not high fees if you dont make contributions?
I dont think i will make a profit on the house as rent will only just cover the interest on loan and council & management fees.
question
Q: I am moving to South Africa, but i have an investment property here im renting out, is there anything i can do to retain as much of my superannuation so that it doesnt dwindle down to nothing while i wait to be retirement age?? will i have to make contributions to a super there as well?