Moving money to the USA
Feb 18th 2008, 11:18 pm
#1
Just Joined
Thread Starter
Joined: Feb 2008
Location: UK to San Francisco
Posts: 2
Moving money to the USA
Having lived in the US for a few years, we returned to the UK for just over a year. We are about to move back to the US for good and I would like to know what is the best way to move money over the $10K limit that you have to declare when carrying cash? If we were to to transfer a larger sums of money from our UK bank to our US bank account should we expect to have to pay any tax/ duty on it?
Does anyone know what's the most economical way of moving larger sums? We'd like to move money as a deposit on a house.
Looking for help as moving soon!
Does anyone know what's the most economical way of moving larger sums? We'd like to move money as a deposit on a house.
Looking for help as moving soon!
Feb 18th 2008, 11:22 pm
#2
Septic Sprout
Joined: Aug 2004
Location: Shanghai
Posts: 7,993
Re: Moving money to the USA
Having lived in the US for a few years, we returned to the UK for just over a year. We are about to move back to the US for good and I would like to know what is the best way to move money over the $10K limit that you have to declare when carrying cash? If we were to to transfer a larger sums of money from our UK bank to our US bank account should we expect to have to pay any tax/ duty on it?
Does anyone know what's the most economical way of moving larger sums? We'd like to move money as a deposit on a house.
Looking for help as moving soon!
Does anyone know what's the most economical way of moving larger sums? We'd like to move money as a deposit on a house.
Looking for help as moving soon!
