Wealthy South Africans want out - News Summed Up

Wealthy South Africans want out


NEWSAs South Africa struggles to free itself from the grip of the Covid-19 pandemic, some of the country’s high-net-worth individuals have been looking for ways to move abroad. According to international law firm Harvey Law Group, there has been a rapid increase in enquiries from South Africans about emigration, particularly in the second quarter of this year, to countries including Canada, the UK and Australia. “Harvey Law Group is not only assisting people in these very uncertain times with their emigration plans, but also advising South Africans to understand the various options available to them,” said Bastien Trelcat, managing partner of Harvey Law Group. While Covid-19 has delayed the relocation process, it hasn’t deterred many South Africans’ decisions to emigrate, or to have a plan B. Bastien TrelcatHe said that, while the Covid-19 outbreak had hampered international travel and caused emigration and visa backlogs and rule changes, it had not prevented South Africans from planning to move abroad. “While Covid-19 has delayed the relocation process, it hasn’t deterred many South Africans’ decisions to emigrate, or to have a plan B, should they wish to leave in the future,” said Trelcat.


Source: News 24 August 29, 2020 21:56 UTC



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