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….
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…
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…
Just as there are rules for people when it comes to border crossing, there are also rules for money. We call these exchange control rules. According to these exchange control…
Even though exchange control legislation has been relaxed over the last year, it’s important to understand that red tape and administrative hurdles still remain when you transfer money from South Africa,…
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…