How do immigrants purchase foreign exchange?

The applicant shall apply to the foreign exchange administration branch and the foreign exchange administration department (hereinafter referred to as the local foreign exchange bureau) where the immigrant's original household registration is located for the transfer of the immigrant's property; The total amount of property that immigrants must apply for transfer out of the country at one time shall be remitted step by step. The amount that can be remitted for the first time shall not exceed half of all the property applied for transfer; After the first remittance of 1 year, the remaining property cannot be remitted more than half; After 2 years from the first remittance, all the remaining property can be remitted. If all the properties applied for transfer are less than RMB 200,000 (including RMB 200,000), they can be remitted once approved. The application for external transfer of property can be handled by myself or by others.

To apply for immigration transfer, the applicant shall submit the following materials to the local foreign exchange bureau: (1) written application. The contents include: the reasons for applying for immigration transfer; A detailed description of the source of property income and the realization of property. (2) The Form of Foreign Transfer of Immigrant Property signed by the applicant. (3) An application form for foreign exchange business of personal property transfer signed by the applicant or his agent. (4) the identity certificate of the applicant. Immigrants should provide the cancellation certificate of China household registration issued by the public security organ and the certificate of the applicant's going abroad to settle down issued or certified by the China embassy or consulate abroad.

(five) the applicant's certificate of property rights. Such as a copy of the house property right certificate, a real estate sales contract or a demolition compensation and resettlement agreement. (6) the tax payment certificate or tax payment certificate issued by the competent tax authorities in the place where the property transfer application is made or the source of income. (seven) other information required by the foreign exchange bureau. If the applicant remits funds after the second time (including the second time), it is required to submit the approval issued by the local foreign exchange bureau to the applicant at the time of the applicant's previous remittance 1 time and the approval document for foreign exchange business of capital account issued by the local foreign exchange bureau (hereinafter referred to as the "approval document"), and apply to the foreign exchange bureau at the original approval place for approval of foreign exchange purchase and remittance. If it is entrusted to others, it is also necessary to provide an agency agreement and the identity certificate of the agent. If the principal-agent agreement and relevant property rights certificates have not been notarized, they shall be notarized.

If the total amount of property applied for foreign transfer is less than 500,000 yuan (including 500,000 yuan), it shall be examined and approved by the local foreign exchange bureau. After approval, the local foreign exchange bureau shall issue the approval reply and approval documents to the applicant, and the applicant shall go through the formalities of purchasing and paying foreign exchange at the local designated foreign exchange bank with the approval documents. If it exceeds the above amount, it shall be submitted to the State Administration of Foreign Exchange for examination and approval after preliminary examination by the local foreign exchange bureau. The local foreign exchange bureau shall issue the approval reply and approval document to the applicant with the approval document of the State Administration of Foreign Exchange, and the applicant shall go through the formalities of purchasing and paying foreign exchange at the local designated foreign exchange bank with the approval document.

After handling the sale of foreign exchange, the designated foreign exchange bank shall directly remit foreign exchange to the account of the applicant in the country or region where the immigrant or heir lives, and shall not withdraw foreign currency cash within the territory.