South Africa has a very fluid work force and it remains the ambition of lots of its citizens to experience life abroad and Emigrate from South Africa. Merchant West Treasury Solutions is ideally placed to explain to emigrants how to transfer their money out of South Africa.
What to consider if you are emigrating and need to transfer your money abroad
It may be that you are on your way to New Zealand or Australia or some other new destination and looking at how best to transfer your money to your new home country.
How Merchant West Treasury Solutions can help emigrants with your money transfers
Merchant West Treasury Solutions is able to assist emigrants, no matter the destination, by providing a full service advising them on:
- How best to comply with exchange control regulations.
- Which allowances to use.
- By being able to access the very best foreign exchange rates.
It is important that expert advice is sought when leaving South Africa with regards to the best way to transfer money abroad.
What options for money transfers are open to emigrants
Clients have access to an annual foreign investment allowance, in addition to the annual travel allowances and single discretionary allowances.
Exchange control regulations have seen allowances extended over the years, a couple can now transfer some 24 million rand a year between them.
Next steps
Merchant West Treasury Solutions not only guides those seeking to transfer money from South Africa but also provides you access to great service, no administration fees and market leading foreign exchange rates.
Ring us now on 021 424 2936 to learn more about how we can help or request call back here.