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Exchange control - individuals

Red denotes recent changes

Foreign travel allowances per person per calendar year

Visits abroad
A travel allowance of R750 000 (previously R500 000) is granted per individual
Greater amounts may be granted if warranted - requires a special application

The allowance may be taken in any form, i.e. cash (foreign), traveller's cheques or credit cards.

Investment allowance
A once-off investment allowance of R4 million (previous R2 million) is granted per individual to invest abroad

Information based on legislation as at 17 February 2010.

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