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Exchange Controls for individuals are now virtually a thing of the past

5 November, 2010

South African residents are now able to send capital worth up to R4million per year for foreign investment purposes. This means that most of us will no longer need to worry about exchange control regulations. Even those families with joint assets exceeding R8million will be able to send everything out pretty swiftly after having left the country. And this without paying the excess levy of 10%.

Filed Under: Blog

CURRENCY CONVERTER

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