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tfunk
Joined: 12 Aug 2006
Location: Dublin, Ireland
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 Posted: Fri Dec 26, 2008 6:43 pm Post subject: Max amount of cash I can carry through customs? |
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I want to leave Korea and I don't want to convert my money into Euros and I don't want to leave it in a bank here.
How much money can I carry through customs? |
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Wangja
Joined: 17 May 2004
Location: Seoul, Yongsan
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| Posted: Fri Dec 26, 2008 6:56 pm Post subject: |
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As much as you dare.
That said, there are limits for reporting import and export of currencies, most countries use 10,000 USD as the reporting threshold. |
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sendittheemail
Joined: 15 Oct 2008
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| Posted: Fri Dec 26, 2008 10:37 pm Post subject: |
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| You can carry as much as you want, as long as you declare it. If it is foreign currency, customs usually doesn't ask a lot of questions when you declare it (this may of course depend on your appearance). My advice is to just declare the money, as not declaring gives customs the right to take it away from you. |
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Panda
Joined: 25 Oct 2008
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| Posted: Sat Dec 27, 2008 6:23 pm Post subject: |
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| I heard its $10000 |
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kprrok
Joined: 06 Apr 2004
Location: KC
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| Posted: Sat Dec 27, 2008 6:34 pm Post subject: |
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| Panda wrote: |
| I heard its $10000 |
You heard wrong. You can carry as much as you like. You just have to declare it at customs and possibly prove that you earned it legally. The $10,000 is the limit that if you carry more, you have to declare it. |
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Crack Baby
Joined: 30 Dec 2007
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| Posted: Sun Dec 28, 2008 11:41 am Post subject: |
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..
Last edited by Crack Baby on Sat May 01, 2010 2:43 pm; edited 1 time in total |
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Wangja
Joined: 17 May 2004
Location: Seoul, Yongsan
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| Posted: Sun Dec 28, 2008 5:30 pm Post subject: |
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| Crack Baby wrote: |
| kprrok wrote: |
| Panda wrote: |
| I heard its $10000 |
You heard wrong. You can carry as much as you like. You just have to declare it at customs and possibly prove that you earned it legally. The $10,000 is the limit that if you carry more, you have to declare it. |
Don't you have to pay an absurd amount of tax if you declare it? |
Where?
In Korea?
Country of arrival? |
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IIILALALAIII
Joined: 31 Oct 2008
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| Posted: Mon Dec 29, 2008 4:04 am Post subject: |
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10000 IF YOU GET CAUGHT.
WELL, YOU CAN PUT IN YOUR BOOKBAG AND IF THEY DON'T SEE THAT, I GUESS IT WILL BE FINE. |
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hellofaniceguy
Joined: 10 Jan 2003
Location: On your computer screen!
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| Posted: Mon Dec 29, 2008 10:36 am Post subject: |
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| Declare it or lose it when you are caught. |
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