Tim Powell
Director: Forex SA
Tim has 25 years of work experience, including at the likes of Price Waterhouse Coopers, Combined Motor Holdings, BoE, Ernst & Young, JD Edwards in South Africa, Deutsche Bank and 1st Contact Forex in London.
He started an online forex business in London before returning to South Africa. He then joined FX Capital, growing the business to annual trade in excess of R4 billion per annum.
In 2017, FX Capital merged with Sable International and Tim is now the director of Sable International’s South African forex business.
On weekends, Tim enjoys climbing mountains with his wife and two sons.
Financial emigration to be phased out in March 2021
by Tim Powell | Nov 18, 2020
The Treasury has clarified new rules that will prevent South Africans from accessing their retirement annuities for three years after they’ve ...
Read more
2020 offshore investment deadline looms: What you need to know
by Tim Powell | Nov 2, 2020
In tumultuous times, offshoring part of your investment portfolio may be a good way to hedge against risk. South Africans have very specific y...
Read more
Financial emigration and the expat tax: Here’s what South Africans living abroad need to know
by Tim Powell | Apr 29, 2019
Expat tax has received a lot of media coverage of late, with some polarised views from professionals even within the same industry.
Read more
Financial emigration vs becoming a non-resident for tax purposes: What’s the difference?
by Tim Powell | Dec 11, 2018
South African expats will have to face a changing tax structure in March 2020, which may affect their foreign income. This has forced many to ...
Read more