money

[Steve and Qingqing]

last night my SO asked me how much money can she bring back with her to the usa? I'm not sure....What is the limit?

[Martytb]

I believe $5,000.00 is the limit.

[jim_julian]

last night my SO asked me how much money can she bring back with her to the usa? I'm not sure....What is the limit?

151666[/snapback]

I think as far as the US is concerned you must declare anything in excess of $10,000. I think this is basically for tax purposes. I've seen some limits from China but I can't remember where.

 

What we are planning to do is for lao po to establish a US bank account when she enters the country and then wire transfer money from her accounts in China to the US. I believe, as an immigrant, this money is free of US taxes ... but you should check.

 

I guess I would only have here bring something less than $10K. You don't want to complicate the entry. I'd also check my $10K number, that's true for citizens, I'm not sure about people just entering.

[LeeFisher3]

You can take $2000USD or $4000USD that is converted by the bank in China here is a link to the Bank of China page concerning the Issuance of Foreign Currency Taking Certificate

 

There are restrictions on the amount of money a Chinese national may take out of the country in cash. There are a number of threads that discuss this.

 

Entering the US you are allowed to bring ANY amount, but $10,000 or above requires declaration with US Customs.

[Guest ShaQuaNew]

If you bring more than US $10,000 in cash, you must file a transaction report with U.S. Customs.

 

see also...

http://www.customs.ustreas.gov/linkhandler...beforeyougo.pdf

 

http://www.customs.ustreas.gov/xp/cgov/tra...byg/declare.xml

 

http://www.customs.ustreas.gov/xp/cgov/travel/vacation/kbyg/

Edited September 1, 2005 by fitnlivly (see edit history)