New Exchange Control Regulations in Mozambique

The forex regulations specifically govern forex operations between nonresident individuals or corporate entities, whenever such operations relate to rights or transactions over goods or values located in national territory, or to activities carried out in national territory; forex operations carried out by residents with respect to goods, value or rights acquired abroad, over which there’s an obligations to remit funds; and Forex operations carried out by residents with respect to goods or values located in national territory, or rights over such goods and values.