Deceased estates – the FYI on claiming your inheritance in SA when you live abroad
Claiming your inheritance in South Africa as an expat living abroad used to be complicated due to the restrictive nature of our exchange control regulations. This is no longer the case. It’s now much simpler, and more straightforward to get your hands on your...
New year, new offshore transfer allowance for South African residents abroad
New year, new you? Forget it. This is even better than short-lived resolutions. A new calendar year means that offshore transfer allowances have reset, allowing South Africans to use their single discretionary allowance (SDA) and foreign capital allowance (FCA)...
Expat Money Matters: 2021 deadline for Single Discretionary Allowance & Foreign Investment Allowance is just around the corner!
When it comes to moving money out of South Africa, there are rules and limitations on when and how much you’re allowed to shift offshore. In terms of our exchange control regulations, South Africans have two avenues through which they can move their money abroad. The...