A DTA is an internationally binding agreement between two countries that regulate which country has the sole and exclusive right to tax an individual’s income and proceeds from assets.
The DTA allows for expatriates to cease their tax residency in one of the countries (i.e., the home country or, alternatively, the host country) to ensure that your hard-earned foreign income is not taxed twice.
Paying tax once is tough enough, paying it twice is something everyone wants to avoid.
The good news is that the South African DTA applies to most of the sought after relocation and emigration destinations around the world. Some countries who have a DTA with South Africa include The Netherlands, New Zealand, The UAE and Australia.