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….
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Investing offshore from South Africa offers a variety of benefits, from diversifying your portfolio to hedging against currency fluctuations. But for South African investors, the tax implications can feel like…
If you’re planning your financial transition out of South Africa, there are a number of important things you need to be aware of when it comes to the exchange control…
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 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…
Just because you’re not planning on emigrating from South Africa any time soon, doesn’t mean that your finances have to remain in the country. You can still move your money…
If you’re emigrating, you’ve probably already arranged the packing and moving of your belongings. You’ve likely already sorted out passports, visas and flights for your family members, and you have…
Given that most expats living overseas still have family back home, being an offshore beneficiary to a South African estate is inevitable for many at some point in the future….
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…