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Taking out More Than $5000

Last activity 18 April 2022 by Guest2023

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Bill2014
Leaving Vietnam and after selling all my stuff will have about $6000 . Limit to take out of the country is $5000. Is there any problem if i just declare it at customs? What will they do? Need any bank receipts ? I do not have any evidence of bringing any money into Vietnam. 
charmavietnam
Normally they don't care if below $10000.
In case, just fill and give the green declaration form.
Change to all $100 bills to get better exchange rate and reduce the load :D
SteinNebraska
It's a toss-up.  I have taken money out several times and I've never been asked, or checked, nor declared anything.  I have never said a single word to immigration nor have I been asked any questions by immigration so I don't know how they would even know.  If you are going into US you don't have to declare less than 10,000 so no issue on that end.  The problem declaring it is you have no proof that you brought it in.  I assume you don't have proof that you have paid taxes on it if it was earned in Vietnam.  I'm not going to state what I would do in your case as the management here will frown on doing anything that is technically illegal.
goodolboy
Leaving Vietnam and after selling all my stuff will have about $6000 . Limit to take out of the country is $5000. Is there any problem if i just declare it at customs? What will they do? Need any bank receipts ? I do not have any evidence of ... - @Bill2014
 Well I got done once when there used to be 2 scanners to go through on exiting Vietnam. Scanner 1 was customs & picked up on the money in an envelope in my back pack & scanner 2 was security but that's a whole different story & long ago.
You could change the extra 1,000usd into a certified gold nugget then you would be covered.
SimCityAT
Leaving Vietnam and after selling all my stuff will have about $6000 . Limit to take out of the country is $5000. Is there any problem if i just declare it at customs? What will they do? Need any bank receipts ? I do not have any evidence of ... - @Bill2014
 Not sure why you posted the same question again, as it was a duplicate it has therefore been removed.

SimCityAT
Expat Team
Bill2014
Where can i get a cerified gold nugget?
goodolboy

@Bill2014 hahahaha should have read ingot not nugget1f920.svg & most Vietnamese I know use a company called SJC & thats where I went last time. 

Bill2014
Thanks. But do you think gold is a good buy in Vietnam. I think the prices are high no?
Bill2014

@charmavietnam need bank receipts or anything?

goodolboy
Thanks. But do you think gold is a good buy in Vietnam. I think the prices are high no?
- @Bill2014
 well I am not an expert but  just checked ingot gold price in UK & the Gold Bank in London is selling 10 gram ingots at 557 gbp, so 55.7 gbp per gram. My last buy was 18.75 gram ingot at 29,500,000 vnd & by a quick calculation thats cheaper to buy in Vietnam than in UK.



https://i.postimg.cc/LYpPtCC8/20220407-170717.jpg
gobot
Thanks. But do you think gold is a good buy in Vietnam. I think the prices are high no?
- @Bill2014
 well I am not an expert but  just checked ingot gold price ... - @goodolboy
Yes I believe you have a dollar allowance and a gold allowance of 300 grams =~ 10 ounces.
Google about the current limits.
Maybe you can get a 1 ounce Canadian Maple Leaf or Krugerrand coin at a gold shop for around $2000.
Don't pay much over spot price.

Bill2014
As far as i know , Vietnamese gold is lower quality than UK gold. Or can one buy standatd Krugerands , sovereigns etc here?
goodolboy

@Bill2014  FFS check the stamp 999.9 on that ingot. 999.9 is 24 karat be it in Vietnam or where ever................google it

Bill2014

@goodolboy Check it out. Stamp means nowt here.

SimCityAT
@Bill2014

I have the feeling you are spamming the forum or you are bored.
AdiQ
@Bill2014

I was in Saigon 2 weeks ago and they searched all my bags at terminal security and demanded I open my wallet etc

They asked what money was I taking out

Be careful
Guest2023
@Bill2014

I was in Saigon 2 weeks ago and they searched all my bags at terminal security and demanded I open my wallet etc

They asked what money was I taking out

Be careful
- @AdiQ
We walked out with 4500 and never had an issue.

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