Invest R10 million per annum outside of South Africa
Tax-payers over the age of 18 who are South African residents are eligible for this allowance. It is mandatory to have a tax clearance certificate that is valid for 12 months to take advantage of this allowance. As of 1 April 2015, the emigration allowance increased from R4 million to R10 million per person per calendar year and R20 million per family unit.
We can help you make use of the increased allowance, free of charge. Once the tax clearance is received, the process is quick and easy.
Transfer a further R1 million for offshore investment
This allowance is due to recent changes in SARB exchange controls. South African residents can do this without an issued SARS Tax Clearance Certificate by using their annual discretionary allowance.