You would need to declare that amount with immigration/customs.
This is so true, I (we) have firsthand experience with this. It is not as bad now, but for a number of years after I (we) did the monetary declaration, I (we) were stopped every single time I (we) traveled in/out of the US.Do NOT do it. Once you declare it on leaving the US you will have nothing but problems. One of them is you will be flagged in US Customs permanently whenever you arrive in the US.............Take a check and get it cashed in the DR..............Not to mention your arrival in the DR will not be very pleasant for sure.................
Quezada money exchange cashes US checks, but you may need to know someone that deals with them. They are reliable and maybe you can work with them. But they are not in Santiago. Santo Domingo would be the closest.Thanks folks. What locations in Santiago will cash a personal check from a US bank?
You figure to get away with it. But I guarantee if you are caught with it you will lose it and be subject to a possible arrest...........I've traveled with more and did not declare it.
It's a silly rule.
Plenty of people have gold chains worth more than that or quarter million dollar diamond rings, a Patek Philippe watch worth well more than that.
Sure it's meant to catch drug dealers or tax evaders - but $10K just isn't much of a high threshold anymore.
Might seem like a silly rule, but get caught, the consequences won't seem silly.I've traveled with more and did not declare it.
It's a silly rule.
Plenty of people have gold chains worth more than that or quarter million dollar diamond rings, a Patek Philippe watch worth well more than that.
Sure it's meant to catch drug dealers or tax evaders - but $10K just isn't much of a high threshold anymore.
I have done the same (when €500 notes were still accepted)I've traveled with more and did not declare it.
It's a silly rule.
Plenty of people have gold chains worth more than that or quarter million dollar diamond rings, a Patek Philippe watch worth well more than that.
Sure it's meant to catch drug dealers or tax evaders - but $10K just isn't much of a high threshold anymore.
Any thoughts or words of wisdom on coming into the DR from USA with over 10,000 dollars? I am buying some appliances this trip besides staying 50 days so I feel i might need it.
Any thoughts or words of wisdom on coming into the DR from USA with over 10,000 dollars? I am buying some appliances this trip besides staying 50 days so I feel i might need it. It's a piece of cake. Just bring the withdrawal receipt and some Bank Startements for the last few weeks and just in case some proof where the money came from (before it reached your Bank Account). And than go to the "declare" Counter.
I am confused as to why there is a good reason to do this. Not even that it is that large amount of money. If it is appliances one seeks, isn't a credit card the best tool.There is zero wisdom in arriving with 10K cash in the DR.
Business is conducted in different safe manner.