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How to take money abroad after emigration?
According to the current law, China people who have emigrated abroad can remit a large amount of property abroad without foreign exchange control as long as they meet the following five conditions. Therefore, immigrant applicants do not have to worry about the transfer of domestic assets after immigration. Five conditions to be met: 1. They must be China citizens or foreigners who have obtained permanent residency abroad (including residents who have emigrated from the mainland of China or settled in Hong Kong Special Administrative Region, Macao Special Administrative Region and Taiwan Province Province). 2. It is necessary to sell the property held in China (the house payment can be converted into foreign exchange at one time and remitted to the overseas bank account of the party concerned). Other securities and real estate must be sold before applying for asset transfer. 3. The property transferred abroad should be legal, and there should be no rights dispute with others. 4. Successful applicants are not allowed to withdraw foreign currency cash in China. Foreign exchange must be directly remitted to the applicant's own account in the country or region where the immigrant or heir lives. 5. All China citizens who immigrate to other countries and regions legally have only one chance to apply to SAFE for the opportunity to transfer their immigrant property. Simply put, they can transfer their legal property after obtaining the permanent residency in a certain country. However, it should be noted that all applicants have only one chance to remit money directly to the immigrant country, and only to the applicant's own account.
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