Foreign Investment Allowance

Private individuals may utilize the below Foreign Investment Allowance per calendar year:

R1,000,000 per adult over the age of 18 years - No SARS Tax Clearance Certificate Required

R4,000,000 per adult over the age of 18 years

Clients are now able to make an application to the SARB to be able to move funds in excess of the R4 Million above. Exchange4free are able to process this SARB application on our client's behalf.

Foreign Investment Allowance funds can be invested into offshore investment portfolios, property, bank accounts or any other investments.

Requirements are as follows:

SARS Tax Clearance Certificate (We offer this service FREE to clients in 1-2 days!)
SARB MP1423 Form

Exchange4free can assist clients through the whole process of moving money out of South Africa using your R4M foreign investment allowance.

Tax clearances are valid for 12 months from the date of issue by SARS.

Please complete an Information Pack Request or call our FX dealers on 011-453-7818.

Information Pack Request Tax Clearance Application

South Africa

Johannesburg
Tel: +27 11 453 7818
Fax: +27 86 511 5317
Cell: 082-391-5494

Cape Town
Tel: +27 21 300 7818
Fax: +27 86 511 5317

Pretoria
Tel: +27 12 004 7818
Fax: +27 86 511 5317

Durban
Tel: +27 31 100 7818
Fax: +27 86 511 5317

Port Elizabeth
Tel: +27 41 004 7818
Fax: +27 86 511 5317

Exchange4free is a global foreign exchange service firm and is an authorised Financial Services Provider (FSP. 36093) in South Africa regulated by the Financial Services Board (FSB).

Please contact us if you would like to view our Conflict of Interest Policy.