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Getting money out of Vietnam

 
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abulinhthi



Joined: 12 Oct 2008
Posts: 23

PostPosted: Thu May 21, 2009 2:35 am    Post subject: Getting money out of Vietnam Reply with quote

Sorry to repeat this, MOD EDIT
Supposing 1 is American, lives in America with 2, his wife. She is of Vietnamese descent, holds a Vietnamese passport, has a permanent Green Card.
A is "Viet Kieu", lives in America.
B is A's brother, lives in VN.

1 and 2 legally and transparently bought a house some time ago in Vietnam, and now they want to sell it. They go to VN and do so.
So they sell the house, give the money to B. B reports to A that he has received the money.

When 1 and 2 get back to America, A gives the money to them, less a fee he takes for his service.

DO YOU SEE ANY PROBLEMS HERE???!!:

1.HOW would A get this money???? He can't actually recieve it from B, since B has the same restrictions on sending the money that 1 and 2 would have, if they tried to do it, while they were in VN.
2.How could you possibly trust A?????? Even if it were a close relative, there could be A LOT of problems here.......Can't you imagine this?: "What money?" "I didn't get any money. Check with me tomorrow......." (and on and on and on......)


Any recent, specific information on how to LEGALLY get money out of VN, in the case of the sale of a house, would be much appreciated.
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MattW



Joined: 01 May 2009
Posts: 3
Location: HCMC

PostPosted: Sat May 23, 2009 1:07 pm    Post subject: Reply with quote

Back in the day, say before 2001, this was the main way VK sent money back to VN. Now most use Western Union. I had the same concerns as you but never had a problem. Keep in mind the amount I sent was never over a few thousand U.S.

Just my 2 cents
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Mr. Kalgukshi
Mod Team
Mod Team


Joined: 18 Jan 2003
Posts: 6613
Location: Need to know basis only.

PostPosted: Sat May 23, 2009 11:53 pm    Post subject: Reply with quote

The original thread regarding this topic was deleted as it had become a discussion of apparently illegal methods to move money out of a particular country.

Should this be repeated, this thread will also disappear and there will be sanctions for members posting messages containing such information.

Yes, you agreed not to do this when joining this board:

"You agree not to post any abusive, obscene, vulgar, slanderous, hateful, threatening, sexually-oriented or any other material that may violate any applicable laws".
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