Country tax profile · 2026
South Africa wealth tax
None
annual net wealth tax
How South Africa treats wealth
No net wealth/worth tax
✓ South Africa levies no annual wealth tax, your net worth is not taxed year on year.
Compiled by MyNomadWorld for South Africa and currently being re-verified against primary sources. Confirm with a local adviser before relying on it.
How South Africa compares
183 of 197 countries we track have no annual net wealth tax. South Africa is one of them.
Who is a tax resident of South Africa?
Ordinarily resident, OR physical presence test: >91 days in SA in current tax year and each of the 5 preceding years, plus >915 days total across those 5 years.
Related South Africa taxes
Moving to South Africa?
Get matched with a vetted South Africa tax & immigration advisor who handles residency and the exit from your current country.
See advisors →South Africa wealth tax FAQ
What is the wealth tax rate in South Africa?
No net wealth/worth tax