Foreign Investment Allowances

Foreign Investment Allowances
South African Tax payers over the age of 18 (should have a green ID book / Smart ID card) are eligible to transfer up to 11 Million per calendar abroad using the following allowances:

– R 1 Million single discretionary allowance – No Tax clearance required from SARS
– R 10 Million foreign investment allowance – Tax clearance required

How we assist
We secure the best possible exchange Rate and ensure Foreign Investments are compliant with the current South African Reserve Bank Exchange control regulations and we will also assist with Exchange control applications when more than the investment allowance are required.

Contact Us

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Contact Details

South Africa: 011 467 0810
International: +27 11 782 5289
Email: contact@xpatxchange.com

Physical Address

Wrigley Field Building
The Campus Business Park
57 Sloane Street, Bryanston
2021, Gauteng, South Africa