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  • Apr 30, 2012, 02:53 PM
    netineti
    Money transfer from russia to us
    Transferring money to US from abroad

    Hi everyone. I am looking for advice on HOW to send money from Russia to my US bank account to buy a house. I have an apartment in Russia , it is on my name. I want to sell it and transfer the money to my US bank account so I could later buy a house in US. My mother also wants to add some more money to help me buy it.
    My questions are:
    1. If I sell my own apartment in Russia and transfer money here, would I have to pay any taxes?
    2. If my mom gives me some money as a gift do I pay taxes for it?
    3. How to transfer?

    Thanks a lot in advance.

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