Ask Experts Questions for FREE Help!
 

Free Answers in 3 Easy Steps

Register Now
3 Steps
 


Ask QuestionsprogressAnswer QuestionsprogressBuild ReputationprogressBecome an Expert
 
At Ask Me Help Desk you can ask questions in any topic and have them answered for free by our experts. To ask questions or participate in answering them you must register for a free account. By registering you will be able to:
  • Get free answers from experts in any of our 300+ topics.
  • Accept money for answers that you provide.
  • Communicate privately with other members (PM).
  • See fewer ads.
  View Answers    Answer this question    Ask a question  
 

normatti
Jun 9, 2012, 02:23 AM
I'm an American who lives and works abroad. I report my income in the annual tax forms. So how much money can I bring with me without having any problem?

I know that homeland security asks the questions "Do you have more than 10,000 with you?" in a small form when the plane is landing. And I've always said "No" when entering. What will happen if I say yes? Is there any fee they'll throw on me when I arrive? Confiscation of my money?

karan_kmr46
Jun 9, 2012, 03:54 AM
It is always batter to consult your accountant, as the law keeps changing, and the amount varies

AK lawyer
Jun 9, 2012, 06:10 AM
... What will happen if I say yes? Is there any fee they'll throw on me when I arrive? Confiscation of my money?

If you bring more than $10,000 you will have to complete this (http://www.fincen.gov/forms/files/fin105_cmir.pdf) form. No, the money will not be confiscated and no fee will be charged.

excon
Jun 9, 2012, 06:22 AM


Hello n:

I wouldn't bring cash. Why would you? Do I trust that the government WON'T confiscate it???? NO, I don't! Even if they don't take the money, I think you'll be put on some sort of watch list.

You can transfer as much as you want by bank wire with NO hassles, no fees and you don't have to TELL anyone.. Certainly, your bank has a correspondent bank in the US.

excon

AK lawyer
Jun 9, 2012, 06:44 AM
I wouldn't bring cash. Why would you? ...

Agreed. Traveling with large amounts of cash one one's person is generally a fairly dim-witted thing to do. If you are not aware of it, there is a concept they have come up with recently ( ~ 1,000 years ago, more or less): it's called international banking (http://en.wikipedia.org/wiki/History_of_banking). :)