For South Africans who are still tax residents — whether you’re living at home or abroad — the Single Discretionary Allowance (SDA) is your annual offshore “spending pocket.” It lets…
Read More
The Single Discretionary Allowance (SDA) and Foreign Investment Allowance (FIA) are two key financial tools that residents have to manage their foreign investments and transactions when making money transfers out…
As a South African resident, you have the option to move your finances offshore through the use of two exchange control allowances provided by the South African Reserve Bank (SARB):…