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)…
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Exchange control is a fundamental concept in international economics and finance that plays a crucial role in regulating the flow of currencies across borders. Governments implement exchange control measures to…
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…
Theoretically, South African residents can transfer up to R11 million per individual, per year out of the country using their exchange control allowances – namely the Single Discretionary Allowance and…
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…
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…
The South African exchange rate tends to fluctuate quite quickly and has done so over the past year. From the economy to unemployment, and now Covid-19, the value of our…