Living annuities and emigration

I am a 76-year-old widow who has applied to emigrate to Australia. I have two living annuities, and I would like to know whether, on emigration, I will be able to send these invested funds to Australia. If I can, what will be the tax implications? Jean Marks

After I retire, I intend to buy a living annuity for R1 million and draw down the minimum of 2.5 percent annually. However, I believe the minimum amount that one is permitted to withdraw from a living annuity is R150 000 a year. Does this mean that I will be forced to withdraw R150 000 (that is, 15 percent), rather than 2.5 percent? If this is the case, does the minimum withdrawal of R150 000 apply only to the first year, or to every year in which I draw down?

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