personal allowances – transferring funds

All South Africans – living in the country or abroad – have the financial freedom to transfer funds offshore without having to financially emigrate by putting their annual personal allowances to use.

Foreign Investment Allowance (FIA) – R10million per adult, per annum – tax clearance certificate required. Available to all residents and non-residents, 18+ years of age. Green barcoded South African ID and subject to an active SARS tax record.

Discretionary Allowance (DA) – R1 million per adult, per annum – no tax clearance required. Available to all residents; South African non-residents may use the allowance only in the calendar year when leaving the country – 18+ years of age. Green barcoded South African ID and subject to an active SARS tax record.

Inactive SARS Tax Record? No problem. For personal allowances, offshore funds transfer, forex and banking solutions feel free to make use of any of our services to get started.

cashkows.com is an authorised Financial Services Provider regulated by the South African Financial Services Board. FSP #42872. Approved South African Reserve Bank foreign exchange intermediary. Internationally Accredited PPS Advisor.

let us contact you

leave your details below

* denotes required fields




latest cashkows.com blog posts

20% off PJ Powers and Dozi tickets – NZ & AU

Hold on to your seats! PJ Powers and Dozi are touring New Zealand and Australia in October and November. The tour kicks off on the 30th of October in Wellington with the curtain coming down in Perth on the 8th of November. So whether you’ve emigrated from South Africa or relocated temporarily

3 scary truths about emigrating

So you’ve decided to emigrate: exotic accents, greener pastures, and exciting employment prospects have won you over. Sure, it’s hard to say goodbye to those sure-fire South African staples… endless sunny skies, biltong, braais, not to mention the rugby. The lump in the throat lasts

Emigration from South Africa – checking FSP credentials

With the world’s population bursting at the seams, it’s inevitable that new businesses and companies materialise out of thin air – every day. Irrespective of the decision you are facing – whether applying for insurance, converting your pension to cash or taking a big step

let us call you for a FREE consultation

please call me
Let us contact you

Let us contact you

leave your details and we'll contact you






* denotes required fields

You have Successfully Subscribed!

Share This