🇿🇦 South Africa
Apr 28, 2026
Externalising capital: The evolving framework for offshore investment by SA residents
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By Kim Doolan* South Africans now have greater flexibility to move money offshore. The 2026 Budget doubled the Single Discretionary Allowance (SDA) from R1 million to R2 million per adult per calendar year and the increase is now legally in effect. Married couples can therefore transfer up to R4 million annually without needing a SARS AIT PIN letter. This marks the most significant SDA increase in years, offering families enhanced options for diversification, flexibility, and swift executio
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