Tip One:Use More if not all of Your FIA Allowance!
If you're trading with crypto there's a powerful but underused strategy that can help you make the most of your money: applying formore of your Foreign Investment Allowance (FIA) through the Approval of International Transfer (AIT) process. This can open up far more trading potential than relying only on your basic allowance.
Two Annual Allowances You Can Use
As a South African resident, you’re allowed to move funds for investments each year using two key allowances:
1) Single Discretionary Allowance (SDA): Up to R1 million annually without needing SARS approval.
2) Foreign Investment Allowance (FIA): Up to R10 million, but it requires AIT approval from SARS.
Most people stop after using their SDA, but that’s exactly what limits their growth potential.
Why This Matters for Crypto Traders
Crypto markets are full of short-term opportunities — and the more you trade, the more chances you have to profit. Every AIT application that gets approved isn't just a paperwork win — it's a new opportunity to enter the market again and take advantage of the next trade.
Instead of seeing the FIA as one big R10 million lump sum, think of it as 10 million rands' worth of trading chances. Each successful application lets you make another move, take another shot, and compound your growth. The more often you can get back into the market, the more you position yourself to profit again — and again.
Trading momentum comes from staying in the game which means applying for AITs to be able to trade more often, and ultimately earn more.
Thats Why AMI Started Doing This for Clients
Many people aren’t aware that they can apply for the FIA, or they find the AIT process time-consuming. That’s exactly why AMI started doing it on our clients behalf— helping them make the most of their opportunities, without the admin.