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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It’s that time of year again — the countdown to December is ON, and so is the rush to make the most of your Single Discretionary Allowance (SDA). Whether you’re…
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):…
A series of exchange control regulations characterise South Africa’s financial regulatory landscape to manage the flow of capital in and out of the country. Among these, Exchange Control Regulation 10(1)(c)…
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…
Need to declare goods or currency when leaving South Africa? The new online Traveller Declaration System makes it easier and faster to get customs clearance in SA! Here’s what you…
Leaving South Africa for a new adventure is exciting, but worrying about your hard-earned assets and investments can dampen your mood. This guide explains what happens to your assets when…
South Africa’s exchange control and tax systems are in the process of being modernised and overhauled. This means that the South African Reserve Bank (SARB) and the South African Revenue…
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…
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…