Transferring retirement annuities


As of 01 March 2018, FX Capital has merged with Sable International. Don’t worry, if you’re an FX Capital client, your FX Capital team, contacts and unparalleled service will remain intact as everyone you’ve dealt with at FX Capital are still part of the Sable International team, just operating under a new name.



We are industry experts with over 20 years of experience. We assist companies and private clients with all their foreign exchange related transfers and cross-border payments. Our foreign exchange solutions are tailored to your unique requirements

We have offices in six cities across three continents, including in Johannesburg, Cape Town and Durban. We help our clients make international money transfers to global destinations, simply and quickly.

Our forex service is 100% fully regulated and above board. We are registered and accredited with all of the relevant bodies in all of the jurisdictions that we operate in.

If you are looking to transfer funds over R100,000 out of South Africa get in touch with one of our experienced brokers who will be happy to assist you through this process.


As a South African living overseas you are entitled to transfer retirement investments tied up in South African retirement annuities, preservation funds, living annuities and pensions overseas – regardless of your age.

South African legislation was amended in 2008 to allow South Africans living overseas to transfer their retirement savings offshore before they reach retirement age of 55, provided they have (financially) emigrated and become non-resident.

  • Retirement Annuities – emigrate and freely transfer the full fund value of your annuity offshore
  • Living Annuities – have your annuities paid monthly, quarterly, annually; no emigration required and it doesn’t form part of your allowances – quick and easy
  • Preservation Funds – emigration allows the transfer of your funds benefits offshore when you want them, whether or not you have used your one withdrawal opportunity
  • Pension Funds – emigrate and withdraw the full value of your pension fund – subject to provision of the specific pension fund’s rules – and transfer the proceeds offshore
  • Encashment of policies – we’ll open a bank account in your name for you where the insurer can deposit the proceeds encashed and assist with the transfer of the funds

Each case is specific so why not contact us and get a free consultation and assessment of your situation. Compare our fees and you’ll find them low enough to have some funds left over for yourself.

Contact FX Capital

Durban:  031 5368844
Cape Town:  021 6572153

E-mail: info@forexcapital.co.za