Immigration Voice - Forums
Register Get Involved Contact Lawmakers Advocacy Discussion Image Image Image Image

Go Back   Immigration Voice > Non Immigrant Visas : H1, L1, H4, L2, F1 etc > Visitor and business visa
Click to log in with Facebook
Reply
 
LinkBack Thread Tools Display Modes
  #1 (permalink)  
Old 12-17-2010, 11:56 AM
Member
Priority Date
:
Aug-06
Category
:
EB2
I140 Mailed Date
:
Chargeability
:
India
Processing Stage
:
Labor Certification
I485 Mailed Date
:
Compare
Join Date: Sep 2007
Posts: 38
enggr is infamous around these parts enggr is infamous around these parts enggr is infamous around these parts
Default Maximum amount of money parents can carry back from US to India. Is it $10,000 each?

Hi,
What's the Maximum amount of money the parents of a h1b person can carry from US to India when they are returning after a visit on B1 visa? I heard it should be a dollar less than $10,000 per person. Somebody told me its $10,000 per party. Please answer this.
So if father & mother both are traveling back from US to India can they carry $9999 each in their hands while traveling through air? It will be $19,998 total for the party in total
While coming to US I heard you don't have to declare the money/currency you are bringing as long as they don't exceed $10,000. So if they are taking most of that money back along with some extra cash (total < 10k per person) is it safe to avoid any questions/complications with US TSA/ CBP?
Have anybody got into problems or delays?
I just want to have the right information handy just in case.
Please help by sharing the right answer. Thanks in advance
Bookmark and Share Compare Reply With Quote


  #2 (permalink)  
Old 12-17-2010, 01:08 PM
Senior Member
Priority Date
:
N/A
Category
:
EB2
I140 Mailed Date
:
08/26/2011
Chargeability
:
Pakistan
Processing Stage
:
I-140+I-485
I485 Mailed Date
:
08/26/2011
Compare
Join Date: Dec 2008
Posts: 178
forgerator has much to be proud of forgerator has much to be proud of forgerator has much to be proud of forgerator has much to be proud of forgerator has much to be proud of forgerator has much to be proud of forgerator has much to be proud of forgerator has much to be proud of forgerator has much to be proud of forgerator has much to be proud of
Default

its not very wise to be traveling with so much cash. Why not use traveler cheques or do money transfer?
__________________
journey towards GC so far
====
2007 Sep - EB3 ROW app started
2007 Oct - hold due to layoffs
2008 May - Prevailing Wage completed
2008 Oct - Complete Recruitment
2008 Nov - PERM filed
2009 May - PERM approved
2009 July - 140 Approved (waiting)
2010 Nov - new EB2 ROW app with same firm
2010 Dec - Prevailing Wage completed
2011 Feb - Complete Recruitment process
2011 Apr - PERM filed
2011 Jun - PERM approved
2011 Aug - 140/485 concurrently filed

2012 Jun - Greened !!
Bookmark and Share Compare Reply With Quote


  #3 (permalink)  
Old 12-17-2010, 01:13 PM
Member
Priority Date
:
Mar-07
Category
:
EB2
I140 Mailed Date
:
08/08/2007
Chargeability
:
India
Processing Stage
:
I-485
I485 Mailed Date
:
08/08/2007
Compare
Join Date: Sep 2007
Posts: 89
new2gc has much to be proud of new2gc has much to be proud of new2gc has much to be proud of new2gc has much to be proud of new2gc has much to be proud of new2gc has much to be proud of new2gc has much to be proud of new2gc has much to be proud of new2gc has much to be proud of new2gc has much to be proud of
Default traveller chks

is the best way to carry cash.... If you do not want money right away, you wait until dollar appreciate...if you carry cash, it is a risk/liability...


Quote:
Originally Posted by enggr View Post
Hi,
What's the Maximum amount of money the parents of a h1b person can carry from US to India when they are returning after a visit on B1 visa? I heard it should be a dollar less than $10,000 per person. Somebody told me its $10,000 per party. Please answer this.
So if father & mother both are traveling back from US to India can they carry $9999 each in their hands while traveling through air? It will be $19,998 total for the party in total
While coming to US I heard you don't have to declare the money/currency you are bringing as long as they don't exceed $10,000. So if they are taking most of that money back along with some extra cash (total < 10k per person) is it safe to avoid any questions/complications with US TSA/ CBP?
Have anybody got into problems or delays?
I just want to have the right information handy just in case.
Please help by sharing the right answer. Thanks in advance
Bookmark and Share Compare Reply With Quote


  #4 (permalink)  
Old 12-17-2010, 01:19 PM
Senior Member
Priority Date
:
N/A
Category
:
EB2
I140 Mailed Date
:
08/26/2011
Chargeability
:
Pakistan
Processing Stage
:
I-140+I-485
I485 Mailed Date
:
08/26/2011
Compare
Join Date: Dec 2008
Posts: 178
forgerator has much to be proud of forgerator has much to be proud of forgerator has much to be proud of forgerator has much to be proud of forgerator has much to be proud of forgerator has much to be proud of forgerator has much to be proud of forgerator has much to be proud of forgerator has much to be proud of forgerator has much to be proud of
Default

Quote:
Originally Posted by new2gc View Post
is the best way to carry cash.... If you do not want money right away, you wait until dollar appreciate...if you carry cash, it is a risk/liability...
Agreed.
I don't know about India but in Pakistan carrying cash is a huge risk. I have heard several stories of people (including relatives of some of my friends) who got robbed upon arriving at Karachi and they were carrying lots of cash / jewelry.

Why take the risk?
__________________
journey towards GC so far
====
2007 Sep - EB3 ROW app started
2007 Oct - hold due to layoffs
2008 May - Prevailing Wage completed
2008 Oct - Complete Recruitment
2008 Nov - PERM filed
2009 May - PERM approved
2009 July - 140 Approved (waiting)
2010 Nov - new EB2 ROW app with same firm
2010 Dec - Prevailing Wage completed
2011 Feb - Complete Recruitment process
2011 Apr - PERM filed
2011 Jun - PERM approved
2011 Aug - 140/485 concurrently filed

2012 Jun - Greened !!
Bookmark and Share Compare Reply With Quote


  #5 (permalink)  
Old 12-17-2010, 01:46 PM
Senior Member
Priority Date
:
May-06
Category
:
EB2
I140 Mailed Date
:
08/02/2006
Chargeability
:
India
Processing Stage
:
I-485
I485 Mailed Date
:
07/27/2007
Compare
Join Date: Apr 2006
Posts: 417
a_yaja has a brilliant future a_yaja has a brilliant future a_yaja has a brilliant future a_yaja has a brilliant future a_yaja has a brilliant future a_yaja has a brilliant future a_yaja has a brilliant future a_yaja has a brilliant future a_yaja has a brilliant future a_yaja has a brilliant future a_yaja has a brilliant future
Default

Quote:
Originally Posted by enggr View Post
Hi,
What's the Maximum amount of money the parents of a h1b person can carry from US to India when they are returning after a visit on B1 visa? I heard it should be a dollar less than $10,000 per person. Somebody told me its $10,000 per party. Please answer this.
So if father & mother both are traveling back from US to India can they carry $9999 each in their hands while traveling through air? It will be $19,998 total for the party in total
While coming to US I heard you don't have to declare the money/currency you are bringing as long as they don't exceed $10,000. So if they are taking most of that money back along with some extra cash (total < 10k per person) is it safe to avoid any questions/complications with US TSA/ CBP?
Have anybody got into problems or delays?
I just want to have the right information handy just in case.
Please help by sharing the right answer. Thanks in advance
I think that the total limit is $10K for a family (not person). If I remember correctly, on entering the country, we are asked to fill only one customs form for the entire family - and it clearly states in that form that the total allowed is a max. of $10K per person.

Having said that, the following are considered to be cash (not fully inclusive):
1. Traveler's check
2. Cash
3. Checks
4. Money Order
5. Cashier's check

The following is not considered as cash:
1. Credit cards
2. Debit cards

So if you would want to send more than 10K out of the country and not want to get into any issues and also be on the safe side, it would be a good idea to pre-load a debit card and then send it with your parents.
Bookmark and Share Compare Reply With Quote


  #6 (permalink)  
Old 12-17-2010, 02:05 PM
Member
Priority Date
:
Feb-06
Category
:
EB2
I140 Mailed Date
:
Chargeability
:
India
Processing Stage
:
N/A
I485 Mailed Date
:
Compare
Join Date: Jul 2007
Posts: 53
mwin is on a distinguished road
Default

I am pretty sure $10,000 is limit while coming into USA. While going to India, the limit is much less, about Rs.12,000 or so (check with some Indian websites). I know, you need declare (for Tax purposes) if you carry more than this amount. I don’t know tax liability of this declarion. Also, the amount varies on the purpose and duration of abroad trip.

Last edited by mwin; 12-17-2010 at 02:08 PM.
Bookmark and Share Compare Reply With Quote


  #7 (permalink)  
Old 12-17-2010, 03:23 PM
Senior Member
Priority Date
:
Mar-07
Category
:
EB2
I140 Mailed Date
:
06/15/2007
Chargeability
:
India
Processing Stage
:
I-485
I485 Mailed Date
:
06/28/2007
Compare
Join Date: Feb 2006
Posts: 145
hibworker has a reputation beyond repute hibworker has a reputation beyond repute hibworker has a reputation beyond repute hibworker has a reputation beyond repute hibworker has a reputation beyond repute hibworker has a reputation beyond repute hibworker has a reputation beyond repute hibworker has a reputation beyond repute hibworker has a reputation beyond repute hibworker has a reputation beyond repute hibworker has a reputation beyond repute
Default

There is no limit on the amount of money that a person can bring in. However if a person is carrying $10 k (this includes cash, travellers check, bank draft etc) or >5k in cash then that has to be declared at customs and person should go through Red Channel.
Bookmark and Share Compare Reply With Quote


  #8 (permalink)  
Old 12-21-2010, 09:34 AM
Junior Member
Priority Date
:
Aug-06
Category
:
EB3
I140 Mailed Date
:
Chargeability
:
India
Processing Stage
:
I485 Mailed Date
:
Compare
Join Date: Nov 2010
Posts: 11
sioux has a spectacular aura about sioux has a spectacular aura about sioux has a spectacular aura about
Default

Quote:
Originally Posted by hibworker View Post
There is no limit on the amount of money that a person can bring in. However if a person is carrying $10 k (this includes cash, travellers check, bank draft etc) or >5k in cash then that has to be declared at customs and person should go through Red Channel.
Are there any fees that has to be paid when the amount is declared? And is this for visitors only?
Bookmark and Share Compare Reply With Quote


  #9 (permalink)  
Old 12-21-2010, 12:57 PM
Senior Member
Priority Date
:
Mar-07
Category
:
EB2
I140 Mailed Date
:
06/15/2007
Chargeability
:
India
Processing Stage
:
I-485
I485 Mailed Date
:
06/28/2007
Compare
Join Date: Feb 2006
Posts: 145
hibworker has a reputation beyond repute hibworker has a reputation beyond repute hibworker has a reputation beyond repute hibworker has a reputation beyond repute hibworker has a reputation beyond repute hibworker has a reputation beyond repute hibworker has a reputation beyond repute hibworker has a reputation beyond repute hibworker has a reputation beyond repute hibworker has a reputation beyond repute hibworker has a reputation beyond repute
Default

Quote:
Originally Posted by sioux View Post
Are there any fees that has to be paid when the amount is declared? And is this for visitors only?
There is no fees for bringing foreign exchange into India. It is applicable to all passengers irrespective of their nationality or purpose of visit to India. However no import of Indian money is allowed by non resident Indians / foreign nationals. Indian residents can bring in up to Rs. 7.500.

Wonder where I am getting these details? From Indian customs' site: Baggage Rules at a glance - CBEC
Bookmark and Share Compare Reply With Quote


  #10 (permalink)  
Old 12-21-2010, 02:18 PM
Donor
Priority Date
:
Aug-08
Category
:
EB2
I140 Mailed Date
:
Chargeability
:
India
Processing Stage
:
I-485
I485 Mailed Date
:
12/30/2011
Compare
Join Date: Apr 2007
Posts: 1,765
thomachan72 has a reputation beyond repute thomachan72 has a reputation beyond repute thomachan72 has a reputation beyond repute thomachan72 has a reputation beyond repute thomachan72 has a reputation beyond repute thomachan72 has a reputation beyond repute thomachan72 has a reputation beyond repute thomachan72 has a reputation beyond repute thomachan72 has a reputation beyond repute thomachan72 has a reputation beyond repute thomachan72 has a reputation beyond repute
Default

Wiring the money is the best and safest option for large amounts. If you wire it into your NRE then it will not be converted into rupee unless you specifically instruct that to happen. You can hold it in US dollars till the value appreciates.
Usually you can wire it for approx $35 to 40 and it takes about 2 working days.
Bookmark and Share Compare Reply With Quote


Reply

Bookmarks


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are On

Similar Threads
Thread Thread Starter Forum Replies Last Post
How to get money from India GCBy3000 IV Agenda and Legislative Updates 63 10-08-2015 12:37 PM
sending money 2 india ca_immigrant Interesting Topics 21 05-10-2010 03:49 PM
transfering money to India dent04 Tax, Social Security and Financial Issues for Immigrants and Nonimmigrants 2 03-10-2009 12:09 PM
Difference in LC amount-W2 amount ita All other Green Card Issues 5 12-09-2008 05:17 PM



All times are GMT -4. The time now is 12:09 PM.


Powered by vBulletin® Version 3.7.4
Copyright ©2000 - 2020, Jelsoft Enterprises Ltd.
(c)ImmigrationVoice.org