And this is what the bank says (NB. check with your own bank to make sure you get proper advice):
CAPITAL ALLOWANCE ALLOWED R 4 MILLION PER FAMILY.
DISCRETIONARY ALLOWANCE R500000.00 PER ADULT OVER 18
R160000.00 PER CHILD UNDER 16
TRAVEL ALLOWANCE AS ABOVE.
TAX CLEARANCE FROM SARS
VALID AIRTICKETS,PASSPORTS AND ID BOOKS
Once you have completed the emigration formalities ,we can send you monies after you have left up to the amount of capital allowance.
Discretionary and Travel allowance is a once off.
All accounts to be consolidated, no credit cards, your accounts will be handled and monitored by our IB NON RESIDENT CENTRE,a ny instructions can be sent via email to them. Accounts will be blocked and cards taken. All debit orders etc can still run.
LEAVING COUNTRY ON A TEMPORARY BASIS
Travel allowance and discretionary allowance as above.
Accounts and credit cards may not be utilised outside the country.
No monitoring of your accounts by the bank, you will have to give someone power of attorney to conduct your accounts on your behalf.
Allowances will only be sent to you within a certain period e.g., you may not request balance of your allowances 2 months later. No monies may be afforded to you after you have left the country.
You may apply to S.A.R.S. for a tax clearance for a foreign investment for R2 mill each, unfortunately s.a.r.s. requires that the monies are in your account at the point of applying for this clearance.'