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Any changes torulings concerning foreign investment allowance??
Investment Property  |  25 Jan 2012
Any changes torulings concerning foreign investment allowance?? M. Levine
Dear Mr Levine

Our sources advise that the R4m allowance remains in place at this moment, subject to Sars tax clearance. They advise also that a new ruling is that SA residents may use their R1m annual travel allowance for foreign investment without a Sars tax clearance.

Good luck with your investment.
Denese Zaslansky
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