Let’s face it: saving money in South Africa can be challenging. Inflation can eat away at your hard-earned cash; sometimes, it feels like your money isn’t working as hard as…
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For many South African retirees, the dream is clear: balmy weather, breathtaking scenery, and a relaxed pace of life abroad. But translating that dream into reality involves a critical financial…
As a South African expat living abroad, managing your finances in more than one country shouldn’t be a source of anxiety for you. But, with the South African Revenue Service…
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….
Theoretically, South African residents can transfer up to R11 million per individual, per year out of the country using their exchange control allowances – namely the Single Discretionary Allowance and…
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…
You might be under the impression that once you’ve wrapped up your financial and tax affairs in South Africa, you can longer hold onto your South Africa bank account. Well,…
Imagine if emigration from South Africa was as simple as packing your bags and hopping on a jet plane and starting a new life overseas. Unfortunately, this is not the…