Private individuals formally emigrating out of South Africa may move the following amounts out of the country:
R4 Million per adult or R8 Million per family unit
You may also take out personal goods up to the value of R1 Million.
The South African Reserve Bank will consider, on application and if clients are emigrating, amounts greater than the above subject to a 10% exit levy.
Please see the guide below for full details on the process and requirements to send funds out of SA using your foreign investment allowance:
EMIGRATION GUIDE
Clients will need to complete the following forms as part of the formal emigration process as per the guide:
MP336 FORM SARS IT21 (a)
Exchange4free offer our clients wishing to emigrate the easiest, cheapest and fastest solution to dealing effectively with your emigration needs.