Foreign Investment Allowances

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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.

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