Moving money across international borders can be a complex dance, especially when it comes to paying for services rendered. Exchange control regulations can get complicated, fast! To avoid confusion, we’ve…
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Packing your belongings for a new chapter abroad? How exciting! When you emigrate, it can feel like an extra hurdle having to navigate the world of exchange control regulations on…
Historically loop structures were not permitted in terms of the South African exchange control regulations. In terms of Exchange Control Regulation 10(1)(c), such transactions (or series of transactions) in which…
When planning your emigration, you’ve probably already considered things like relocating your pets, moving your furniture, packing your belongings and shipping your artwork. But when it comes to your financial…
In the past, exchange control policy relating to distributions from an inter vivos trust were complex and restrictive, which meant that the processes involved in transferring money out of South…
Back in the days of South Africa’s stringent exchange control regime, loop structures were prohibited. The whole idea was to prevent capital from flowing out of the country, but it…
If you are the beneficiary of a South African inter vivos trust living abroad, there are some important things you need to be aware of in order to stay on…
Financial planners and their clients have, as part of the estate planning process, been using interest free loans (or loans at very low interest rates) for a long time to…
If you hold shares in a South African company and you plan to relocate abroad and ultimately change your tax status from resident to non-resident, there are some things you…
Many South Africans looking to travel and live abroad are very interested in finding out more about the Single Discretionary Allowances (SDA), which allows you to take a certain amount…