Question about China Customs Declarations

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  Leaving china with 20k usd

  I have been in China for 2 yrs and am leaving with about 20k usd in cash. Will I have to declare it and if so will I be taxed on it?

  Asked by Motor (China) | May. 08, 2013 20:31
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• there's no tax upon it, but according to the Chinese Entry and Exit regulation, each traveler can only take 5,000 USD in cash, and you have to apply a Certificate of Holding Foreign Currency through the Bank of China if you take 5,000 - 10,000 USD in cash. travelers are not allowed to take more than 10,000 USD in cash.
  Answered by Linda | May. 09, 2013 20:03

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