Job Recruitment Website - Immigration policy - Are there any restrictions on remittance from China to American personal accounts?
Are there any restrictions on remittance from China to American personal accounts?
According to American tax law, every American can accept remittance in US dollars from foreign countries, non-American citizens and non-immediate family members, with a lifetime limit of no more than US$ 5 million. More than just taxes are needed. If it exceeds100000 USD per year, it is recommended to declare (not tax, but declaration record). The limit in China is $50,000 per person per year.
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