Planning to transfer funds overseas? Whether you’re investing, sending gifts, or managing international business, understanding the role played by the South African Revenue Service (SARS) in this process is important….
The idea of receiving a windfall via inheritance from South Africa is great, in theory. Until you get to the practical part and you have to deal with the paperwork…
If you’re planning your financial transition out of South Africa, there are a number of important things you need to be aware of when it comes to the exchange control…
Transferring money overseas from South Africa isn’t as complicated now as it once was. Exchange control rules and regulations used to be extremely restrictive, and there was a significant distinction…
Although the South African Reserve Bank (SARB) has relaxed exchange control rules significantly in the past few years in order to make cross-border transactions less onerous, there are still limits…
The SARS tax compliance status (TCS) processes involved with making international money transfers out of South Africa have changed. Where previously you would use the TCS – Emigration to repatriate…
If you have permanently relocated from South Africa (or you’re planning such a move), one of your biggest concerns is likely to be how you’re going to deal with moving…
If you’re a South African resident or you’re living temporarily abroad, there’s an offshore allowance limit as to how much money you can move out of the country every year…
Investing offshore doesn’t have to be as complicated as it sounds. If you’re a South African, you’re over the age of 18 and you’re in good standing with the tax…
If you’re emigrating and leaving South Africa, chances are you’re going to want to take your money with you. So how do you go about repatriating funds to your new…