The amount of cash you can bring in and out of the United States.

For a long time, many people in China have been worried about bringing large amounts of cash into the United States. If they declare truthfully, they will be made difficult by the US Customs and taxed. Most of them choose not to report it. Actually, it's not. According to the Foreign Currency Exchange Act, the US government does not limit the amount of cash that can be brought into and out of the country. However, if you carry more than US$ 654.38 +000 or equivalent currency, you must declare it truthfully at the time of entry and exit, and inbound passengers can fill in the customs entry declaration form (FinCEN Form 105). This kind of cash declaration is only a travel registration procedure, which will not generate any taxes and fees, and the declared cash can also be used freely. If the cash carried exceeds 10000 yuan and is not truthfully declared, the customs will confiscate it according to law. If the declared cash amount does not match the cash amount found in the spot check, the carrier may face civil penalties of total cash confiscation and punishment, and in serious cases may also face criminal charges of smuggling cash. If the cash is confiscated, the carrier can appeal within 30 days and ask the customs department to refund the cash by providing documents to prove the legal source and legal use of the funds. However, the process from the complaint to the final refund of cash usually takes several months, and the carrier may be blacklisted and may be subject to key spot checks by the customs in the future. Last year, a pair of international students from China were confiscated by the customs at the airport because they brought tens of thousands of dollars in cash into the United States without declaring it. This year, when they applied for a tourist visa to the United States after marriage, they were refused a visa because of their bad record.

This pair of international students from China went to a university in Chicago last year, and their male classmate was in a car accident at school. So when they entered the country at the beginning of last year, they brought $30,000 to $40,000 in cash to see a doctor and put it in a portable box, which was carried by male students. As a result, it was confiscated on the spot after being found out by the customs because it was not declared. After many efforts, the customs agreed to refund 80% of the money and turn over the other 20% to the state treasury as a fine. It wasn't long before they returned to America to get married because of family emergencies.

A few days ago, when they resubmitted their tourist visa applications, not only male students but also female students were rejected, and the reason given by the American Embassy was that they were rejected because of their bad records.

Overseas Immigration Network reminds everyone that if you bring a large amount of cash into the United States without declaring it, you may not only be confiscated on the spot, but also be refused by the visa officer after a few minutes. Parents like us who go to the United States to have children usually bring a lot of cash when they enter the country. Be sure to declare!

In the past, it was not uncommon for China people to bring a large amount of cash into the customs without declaring it. So did they end up? How tragic? ......

Bring 2 million cash, half less after tax.

20 15 12 A Mr. Wu from Hong Kong arrived in Los Angeles with 2 million yuan in cash. However, in order not to expose this huge sum of money, he only filled in 5,000 yuan in cash when filling in his personal belongings and financial declaration forms. When I entered the country, I happened to encounter a spot check by the customs. The customs said that the funds were not truthfully declared, and according to the regulations, the customs had the right to confiscate them in full. When he heard that 2 million cash was going to be ruined, Mr. Wu was frightened and quickly called the police for help. After repeated communication, the customs said that although cash could not be confiscated, Mr. Wu needed to pay taxes. The customs explained that Mr. Wu created 1995000 yuan during his flight, based on the 5000 yuan originally declared by him. Income? Moreover, this income is created in the airspace of the United States, and it is natural to pay taxes for the United States. According to the United States federal tax rate of 40% and California state tax 12%, Mr. Wu always has to pay 52% tax, that is, 1, 039740 yuan.

Entrusting relatives and friends to share a large amount of cash without declaring entry was prosecuted.

20 1 1 Ms. Wang, a Fujian Chinese woman living in Virginia, USA, entrusted her relatives and friends to bring $60,000 in cash back to the United States in batches and deposited it in the bank one after another, but it was seized by law enforcement agencies. The Virginia prosecutor filed a lawsuit against him for the unclear source of funds and confiscated more than 60,000 yuan in cash.

Ms. Wang said that two years ago, her mother sold her house in Chinese mainland and she got more than 60,000 yuan. Because she didn't want to declare when she entered the customs, she entrusted her relatives and friends to bring it in in batches, each time less than 654.38+00000 yuan, and then deposited it in the bank several times. Ms. Wang thought she had done a perfect job, but she didn't expect to receive an indictment from the prosecution a few days ago. She was sued because the source of the funds deposited in the bank was unknown, and more than 60,000 yuan was facing confiscation. Ms. Wang said that whether the money is brought into the United States or deposited in the bank, it is always below 1 1,000 yuan. She wants to know why it was discovered and caused a lawsuit.

What constitutes this behavior in the United States? Structured trading? Crime, the bank must report this as suspicious activity, and will not inform the customer. The authorities will check these reports one by one. The customer's behavior of not wanting to attract attention backfired.