South Africa Capital Controls

South Africa Capital Controls

I just got off the phone with a customer in south africa who told me the payment of an invoice might take a bit longer than expected due to capital controls.

I looked it up and it seems like jews want to make it impossible for whites to liquidate assets and leave while being the middleman at the same time that profits of being sole authorized agents for foreign exchanges.

Key points of the South Africa exchange control regulations

It is applicable to all transactions no matter the size.south africa exchange control regulations
No resident may effect a transfer without prior approval.
No company or legal entity may effect a transfer without prior approval.
Only authorised dealers are allowed to effect a currency transfer.
Outward payments may only be made for permissible reasons and under conditions that are approved by the authorised dealers on behalf of the Reserve Bank.
All payments made to foreign parties must be reported to the Reserve Bank.
There are set amounts for personal transfers in the form of allowances that must be adhered to.

money-transfers.co.za/south-africa-exchange-control.php


resbank.co.za/RegulationAndSupervision/FinancialSurveillanceAndExchangeControl/Pages/Financial Surveillance and Exchange Control-Home.aspx

Once all whites are exterminated and everything is full on apefrica, they'll bribe corrupt government officials to get a full on economic grip on the country.

Billionaire Dan Gertler is a prime example of this: en.wikipedia.org/wiki/Dan_Gertler

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Other urls found in this thread:

bitcoin-realestate.com/property-city/south-africa/
twitter.com/SFWRedditVideos

this is old news, they have been doing it for over a decade.
Speak to any expat who has/had money in SA and they will fill you in on the bullshit hoops in place to stop them getting anything out of the country.

So what's the problem? Go sell assets for ZAR then go on localbitcoins and buy BTC with ZAR, put it on a hardware wallet, then leave the county with 20 billion ZAR in your pocket.

Sure you'll lose almost 10% on the arbitrage but you can recover that by liquidating in your destination country. It's better than getting raped with emigration tax, anyway. Alternatively, you could trust your funds to mr. changpeng "funds are safu" zhao for a couple of days on binance until you reach your destination and withdraw.

Only works for saffers bailing on their homeland, though. I suggest OP take payment in crypto from SA clients, they use it a lot and it will eliminate kike shekel shuffling.

smart saffers are doing this already, look:

bitcoin-realestate.com/property-city/south-africa/

Yeah, one of the few actual good uses of crypto.
Dodging this shady taxes and legal bullshit.

Pretty sure they were trying to keep the white farmers assets on lockdown until they were expropriated by a pitance. Given that recent news (they backed off, see the other thread), I think their plans got monkey-wrenched and they'll have to think of something new.

Not exactly related to the thread, but if I invest in newly-minted gold/silver Kugerrands will that help the SA government? I don't want to do that, but I'd like SA coinage.

>wanting to help the nigger operated, jew controlled (((SA government)))
kill yourself smhtbqhwyfam

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...

bump for something of actual value and interest on Zig Forums

yeah this is pretty widely known

i dated a girl for a while who was from capetown (in melb) and she said she and her entire family was trying to get out of SA, but moving wealth out of the country was extremely difficult due to government controls

she was young and idealistic but i still think deep down she knew what was really up

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when african bitcoin pump again

This (among many other things) is why I can't put my head around how anyone can possibly push for a soft-revolution.
Those who have seated themselves in the control positions of society will not go without a fight. The only thing that maniacal overlords respect is force.

Yeah jews are actively seeking to exterminate the white man from Earth, which makes it all the stranger that the entire aut-right encourages us to side with these same fashy based genocidal jews who intend to kill us off

I personally don't side with the Alt-Kike…nor do I wish to live in a fascist society. I just ignore the posers on Zig Forums…they are kikes or from Europe. No one who has ever tasted freedom for even a little while wants fascism…that is what we have NOW ALREADY, CORPORATE FASCISM. Who in the fuck wants more of that?

It would be best to educate yourself on subjects before trying to discuss the merits or detriments of said subjects.

What did you disagree with?

probably believes in a different, more romantic definition of fascism than you do - one rooted in ethno-centric traditionalism (the end), rather than the autocratic, dictatorial aspect (the means).

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Make a general already faggot.

Sure…everyone loves slavery to another human being (because we all know that humanity is TOTALLY trustworthy and NEVER abuses any power that is ascribed to it) who is just so magnificent that they can guide every aspect of your life and personal choices due to their overwhelming intellect. IDK user, only kikes and subhuman love that kind of government intervention. The rest of us live every day of our lives without a heavy government presence and are fine without it. Subhuman and kikes require it because they were incapable of learning personal responsibility but that is not a European problem. Why don't the kikes just go to the nations that NEED their intervention like all the nigger nations, chinky bugs…basically all the rest of the planet would be happy with totalitarian fascism, and with that type of intervention into their day to day personal affairs.

This reminds me of venezuela when chavez was alive, there where capital controls on foreign exchange and nobody could take out loans in US dollars.
Except quite literally the jews. I have no idea how normalfags just refuse to see this.

You didn't even read my post you imbecile.

I understand the problem with capital controls being heavy regulation of trying to exchange the SA Rand for another currency. Generally this all goes back to banking, trying to take your electronic SA Rands and trade them for some other electronic money, likely in another banking institution in another country.

What I don't understand is the inability of whites to take their money, purchase physical goods that have real world value, then move with those goods=wealth to another country. I understand SA is very mineral rich. Diamonds are the lightest, smallest, most concealable way to move wealth out of country, and SA is a hub for the diamond trade. Diamonds are just a great example, but any hard asset or commodity that you can move is a way you can move your wealth out of that country. Gold, silver, airplanes, luxury cars, trucks (big rigs), boats, all have intrinsic value, and some that I listed can help you escape SA. Crypto is great too, but I'm sure you would be hard pressed to find an exchange that would accept your SA Rand or credit from a SA bank to buy crypto to move it out of the country.

I don't want to sound like I'm over-simplifying the situation of transferring Rand to physical assets then moving them, but I'm genuinely curious why that's not a realistic means to move one's wealth out of the country? Even if you had physical cash, if you could smuggle that out of the country, you should be able to go to an exchange at your destination and convert your Rand to whatever the local currency or another curreny you want, base on exchange rates (I understand the local place might not be able to exchange $10k+ at a time, you might have to spread it around).

You live in a crypto-communist country and are too much of a dumb nigger to know it. Lurk fucking moar.
I can tell by the intelligence of your post that whatever you used has multiple manufacturer backdoors right to NSAniggers and Mossad regardless of whether or not you have a vpn. Also, many vpns are glowinthedark honeypots.

You also write like a teenage girl. Which explains why you seem retarded even by lolbergtarian standards.

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Diamond smuggling is about the only thing African customs is good a stopping; if only to steal the diamonds. However, if the gems are set and you are wearing all of them like a rapper, the $10k rule doesn’t apply. The only downside is the resale value is considerably less.

this nigger gets it

You don't have any idea what fascism or national socialism even is. Read the Doctrine of Fascism and Mein Kampf and we'll work from there.

Fascism
From Italian 'fascismo'
From 'fascio' = "political group"
From Latin 'fascis' = "bundle"
See: 'Fasces'
Fasces
Plural of 'fascis'
1. a bundle of rods containing an axe with the blade projecting, borne before Roman magistrates as an emblem of official power

As writes, you niggers don't know what fascism is. You conflate it with the National Socialist values that inspired the writings of Rocco, Gentile, and Mussolini.

Read:
The Political Doctrine of Fascism

You are wrong about the crypto- part. It's pretty obvious that capitalism is being used to further marxist ideas and we are surrounded with:
QUALITY = NO
ENERGY = YES

This is the guy.

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After reading the first sentence of how this all works, it's extremely clear that no south african nigger created this system, nor has he maintained it in any way whatsoever

For Want of a Nail.

the diamond business is a jewish business

there is no way a goy is buying diamonds for 100k and not ending up losing a significant portion (oy vey goy you were sold crap, lemme give you 20k for it, friends price just for you…) or getting scammed outright

with jews you lose…

Wow this Gertler is a roaming red pill.

But this is law follows culture and what marketing does: Connect the car with who you want to be, not who you are (or the shitty car is).