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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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…
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’re already living overseas, you’re probably making plans to complete your financial transition. If you’re still plotting your international relocation, it helps to know exactly how you’re going to…
If you’re in the process of wrapping up your financial affairs in South Africa, and one of the things on your to-do list is “close SA bank account”, you might…
If you’re thinking about moving money out of South Africa, you’ve got two ways to do it: by making use of your single discretionary allowance and your foreign investment allowance…