5.1.1 General requirements
South African residents may be permitted to transfer monetary gifts within a limit
of R30 000 per applicant per calendar year to:
• persons normally resident outside the CMA; and
• South African residents temporarily outside the CMA for the sole
purpose of study.
In lieu of monetary gifts applicants may be permitted to export gift parcels
containing goods other than gold or gold jewellery, subject to the same limit of
R30 000. Authorised Dealers may also, in lieu of monetary gifts or gift parcels,
attest Forms N.E.P. in respect of the export of Krugerrand coins or the equivalent
in fractional Krugerrand coins up to an amount of R30 000 as gifts by South
African residents to non-residents.