What if I bring the money in person? Old fashion, briefcase. I would declare the full amount to the TSA explaining the proof of purchase, and of course will pay any taxes and fees required by the government.
The most important aspect of brining in physical cash into a foreign country is having supporting evidence on the source of where those funds were produced. Example: If you brought in a briefcase with US1M and you don’t have documentation supporting and evidencing that it was generated by selling real estate or from tax declarations of funds earned in a previous year, those funds could be declared as money laundering. This said, it’s not just enough with paying the taxes but explaining the source of where these funds were generated. Now, coincidentally, Milei’s administration is undergoing a process called “blanqueamiento de capitales” where you will be able to bring to Argentina undeclared funds. The process is called “blanqueamiento or whitening of funds”. You can contact me and I will happily explain this process if necessary. Here’s an article in case you read Spanish: www.lanacion.com.ar/politica/javier-milei-dijo-que-hace-falta-un-blanqueo-para-traer-dolares-sin-importar-de-donde-vengan-para-mi-nid08042024/
@@ellaesmeralda9360 If you had a formal business and you could demonstrate that you pulled those funds from out of your bank, and additionally demonstrate that this business exists in effect, that should suffice; Or even a letter from your bank attesting the funds were extracted from your bank and that the bank recognizes the existence of your business should be another way. Your bank would be contributing to AML & KYC, which are anti-money laundering and Know Your Client banking principles.
Thank you for the informational video!
Glad it was helpful!
Thankyou...I'd use you if I was buying
What if I bring the money in person? Old fashion, briefcase. I would declare the full amount to the TSA explaining the proof of purchase, and of course will pay any taxes and fees required by the government.
The most important aspect of brining in physical cash into a foreign country is having supporting evidence on the source of where those funds were produced. Example: If you brought in a briefcase with US1M and you don’t have documentation supporting and evidencing that it was generated by selling real estate or from tax declarations of funds earned in a previous year, those funds could be declared as money laundering. This said, it’s not just enough with paying the taxes but explaining the source of where these funds were generated.
Now, coincidentally, Milei’s administration is undergoing a process called “blanqueamiento de capitales” where you will be able to bring to Argentina undeclared funds. The process is called “blanqueamiento or whitening of funds”. You can contact me and I will happily explain this process if necessary. Here’s an article in case you read Spanish: www.lanacion.com.ar/politica/javier-milei-dijo-que-hace-falta-un-blanqueo-para-traer-dolares-sin-importar-de-donde-vengan-para-mi-nid08042024/
Would a bank statement from my company be enough to explain where the money is from? I run a business in the states… and i pay taxes on said income.
@@ellaesmeralda9360 If you had a formal business and you could demonstrate that you pulled those funds from out of your bank, and additionally demonstrate that this business exists in effect, that should suffice; Or even a letter from your bank attesting the funds were extracted from your bank and that the bank recognizes the existence of your business should be another way. Your bank would be contributing to AML & KYC, which are anti-money laundering and Know Your Client banking principles.
great video; i am very interested in purchasing somethign there ; would love to speak with you
Feel free to send an email to: TH-cam@Limeres .com or WhatsApp: wa.me/+5491141620021 / Thank you.