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How much handling fee should I pay to the China Administration of Foreign Exchange for emigrating and taking domestic assets abroad?
According to Article 6 of the Interim Measures for the Administration of Foreign Exchange Sale and Payment of Personal Property, immigrants must apply for transferring the total amount of property abroad at one time and remit it 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.
If all the property inherited from the same decedent is to be transferred out of the country after being realized, it must be applied in one lump sum, and it can be remitted 1 time or by stages. Property inherited by heirs from different decedents shall be separately applied for and remitted.
When applying for immigration transfer, the applicant for extension information shall submit the following materials to the local foreign exchange bureau:
(1) A 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.
Baidu Encyclopedia-Interim Measures for the Administration of External Transfer, Sale and Payment of Personal Property
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