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2010 Budget Review


TanyaVDWesthuizen

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Hi all,

The following changes have been made to Exchange Control limits for private individuals, with immediate effect:

Discretionary (travel) allowance:R1 000 000 per calendar year

Foreign Investment allowance: R4 000 000 per annum per tax paying adult

Summary of the review:

Please contact me to make use of these changes to the limits.

We guarantee to beat any rate, and charge no fees for transfers.

We can also get your tax clearance certificate from SARS free of charge, within 2 days.

EXCHANGE4FREE

Tanya vd Westhuizen

tanya@exchange4free.com

Tel: 082 832 4867

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Yes thank you for this. Great info.

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  • 2 weeks later...

Hi everyone,

The SARB has announced that the R160 000 travel allowance for kids under 18 has in fact been increased to R200 000, effective from 5 Nov, with the rest of the Exchange control changes made.

Tanya vd Westhuizen

Exchange4free

tanya@exchange4free.com

Yes thank you for this. Great info.
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