Trading in shares

[SAguy]

I'm no financial guru and have started wondering about keeping money a little bit outside of bank accounts and normal investments.

The company I work for gives us RSU's via the etrade portal. When those rsu's vest a good portion is sold for tax.

So what I want to understand is:

• If I had to leave the country and had millions worth of shares (obviously not the case now) that had vested. Would I just be able to leave without having to still give more to SARS?
• Similarly, if I decide to buy more shares (not rsu's, but actual shares) - would this be a way of making my money more, how can I say, portable?

The other option is buying bitcoin, but there I have the same question. If I buy a bunch of bitcoin on Luno and decide to leave the country, would I just be able to leave and that's it?

 

[Ecco]

I dont know what a RSU is., and i am not a Financial advisor.

When you leave, you need to sell those shares and cash out, when you do that you will need to pay capital gains tax.

Cant say much about bitcoin.

 

[Snyper564]

When you leave you don't need to cash out anything.

What happens is a "deemed" sale. It will be as if you sold everything(every asset you have) today at current market values and you will pay tax on this.