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Foreign Investment Allowance |
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Exchange control regulations allow clients to move R4M per tax paying adult out of South Africa over their lifetime as part of their Foreign Investment Allowance.
We provide a Foreign Investment Guide for clients that explains the whole process step by step.
Exchange4free provide all the forms as well and all we need from clients if the following to move money out of SA using the Foreign Investment Allowance:
- Complete FIA001 form and submit to local South African Revenue Service (SARS) office
- Completed BOP form
- Original certified copy of barcoded ID book and proof of residential address
- Completed SARB MP1423 form
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