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South Africa Gift Allowance |
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Exchange control regulations allow clients to move R750,000 per tax paying adult out of South Africa per calendar year as part of their Gift Allowance. We provide a Gift Allowance 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 send money out of SA using the Gift Allowance: - Completed BOP form - Original certified copy of barcoded ID book and proof of residential address - Completed gift declaration
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