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Reply to "What is the procedure to bring in foreign money?"
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[quote=Anonymous][quote=Anonymous]Calculate your taxes , then calculate how much it would cost to bring it over in 10 k amounts plus plane ticket or perhaps a few relatives could help when visiting.[/quote] You have to calculate the opportunity cost of lost income while you are in prison for tax evasion if you are considering this option. Long term capital gains tax is 15% less any taxes paid on the sale in host country. This is not a difficult transaction.[/quote]
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