Every January, South Africa quietly resets one of the most useful exchange control tools available to individuals. Yet many South Africans living abroad only remember its existence when it is…
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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…
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):…
Although leaving South Africa permanently is an exciting, life-altering decision, your emigration isn’t complete when your flight touches down on the other side of the world. There is still the…
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…
One of the most important aspects of planning for your international relocation is laying the groundwork to move your money out of South Africa. Although exchange control regulations have eased…
As the end of 2023 draws near, this is your reminder to make use of your annual exchange control allowances in order to move money out of South Africa. To…
Calling all expats who rely on their Single Discretionary Allowance (SDA) and Foreign Investment Allowance (FIA) in South Africa! Here’s an official heads-up for you! If you haven’t applied for…
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…
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…