There’s a cap on the amount you’re allowed to move out of the country. Here’s what you need to know about your foreign investment allowance. What is the South African…
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The decline in South Africa’s GDP of 0.7% in the second quarter of this year indicates that South Africa has just entered a technical recession. This decline follows hot on…
Many people get confused about the financial emigration journey and what it actually entails. Very simply, the financial emigration journey involves changing your financial status from South African resident to…
If you have made the decision to move to Australia, whether to temporarily take up a new job, or to move permanently, you’ll be pleased to know that banking in…
South Africans invest money abroad for many reasons. The first reason is that SA expats residing abroad wish to withdraw their South African money and invest it in their new…
One of the main reasons that South Africans give for leaving the country and emigrating abroad is concerns about the economy. Those that plan on staying in the country are…
Emigrating from South Africa presents a host of novel challenges – you’ll find you have to acquaint yourself with regulations, procedures and terminology you’d never have had to concern yourself…
After a year of dubious teeter-tottering, the Rand managed to gain back some of its former clout following the announcement by NPA head, Shaun Abrahams, that the charges against finance…
What are the annual transfer limits? There are two principal allowances available and it’s worth noting that exchange control permits spouses to move funds between each other for the purpose…
If you’re a South African emigrant, you’re probably are aware of your annual exchange control allowances for transferring funds offshore. There are two principal allowances are: Single Discretionary Allowance (SDA)…