Everything you need to know about exchange controls and getting your money offshore

If you've ever travelled overseas or looked into investing offshore, you'll have encountered South Africa's exchange controls.

Exchange controls mean there are strict regulations in place governing you taking your money out of SA.

So what does this mean for you getting your money out? And how can you invest offshore?

Read on to find out the answers to these questions and much more…

Living with exchange controls

If you’re a South African resident, you’re subject to exchange controls.

The South African Reserve Bank regulates money leaving South Africa. This affects you if you decide to travel overseas, transfer your cash offshore or decide to invest internationally.

It makes the whole process of transferring your rands into other currencies and investing offshore a bit more difficult.

So how can you deal with exchange controls to get your money out of South Africa?

What you need to know about exchange controls when taking your cash out of SA

Click on the links below to discover everything you need to know about exchange controls and taking your money out of South Africa…

The ins and outs of exchange controls in SA
The impact of exchange controls if you’re travelling overseas
How to get your money out of SA to invest
How to open an international investment account

If you want to know more about exchange controls and investing offshore, check out our vital report here.

And don’t forget, if you have any questions about exchange controls and investing offshore, ask our team of experts here.


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