Funds Stuck in South Africa? We Help You Transfer Them Legally
We assist non-residents and foreign business owners with AIT (Approval of International Transfers) to unlock funds and move money offshore — fast and fully compliant.
✔ Property sale proceeds
✔ Property rental income
✔ Business income transfers
✔ Investment withdrawals
Our Approach
- SARS-aligned process
- Experience with non-resident clients
- End-to-end AIT support
How do I get AIT tax clearance in South Africa?
To get AIT tax clearance in South Africa, you must ensure your tax affairs are compliant with the South African Revenue Service, prepare supporting documents, submit an AIT application via eFiling, and provide the issued AIT PIN to your bank before funds can be transferred offshore.
Why Your Funds Are Being Blocked
If your bank has refused to transfer your money, it’s usually because:
- SARS approval has not been obtained
- Your tax records are incomplete
- The source of funds is unclear
This is not unusual — but it must be handled correctly.
How We Help You Unlock Your Funds
We manage the entire AIT process so you don’t have to deal with SARS delays, rejected applications, or bank issues.
Step 1: AIT Readiness Review
We assess your tax compliance and identify any risks.
👉 If needed, we help bring your <u>tax affairs into compliance</u> (/tax-services/)
Step 2: AIT Application
We prepare and submit your full AIT application with all supporting documents.
Step 3: SARS Query Handling
We respond to SARS queries quickly to avoid delays.
Step 4: Funds Release Support
We assist you in providing the AIT PIN to your bank so your funds can be transferred.
If your financial records are not up to date, we may first need to prepare supporting financial statements to strengthen your application.
For complex cases involving business structures or ongoing offshore planning, our virtual CFO advisory services may also be relevant.
WHO THIS IS FOR
This Service Is Ideal If You:
- Sold property in South Africa
- Are a foreign business owner with funds in SA
- Have investment proceeds you want to transfer abroad
- Are a non-resident with funds stuck in a South African bank
Not Sure If You Qualify?
We’ll assess your situation and tell you exactly what is required — before you commit.
WHY CLIENTS CHOOSE LBA
- Structured, proven AIT process
- Fast response to SARS queries
- Experience with non-resident compliance
- Clear communication throughout
Frequently Asked Questions
Do I need AIT to transfer money out of South Africa?
Yes, in many cases SARS approval is required before funds can be transferred offshore.
How long does AIT take?
Simple cases may be processed relatively quickly, while more complex cases take longer depending on compliance and documentation.
Can non-residents transfer money out of South Africa?
Yes, but they must comply with tax and exchange control requirements.
What documents are required?
Typically identification, tax records, bank statements, and proof of source of funds.