April 2025 - Africorp Treasury

April 2025

Expats should not have to wait unduly long for their SA funds to be transferred offshore

An elderly South African expatriate who has been living in Spain for close to a decade, faced one hurdle after the other over the past two years while trying to transfer his annuity funds from South Africa – which he needed for living expenses – into his overseas account. Although strict exchange control regulations apply,

Expats should not have to wait unduly long for their SA funds to be transferred offshore Read More »

Scroll to Top