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01-03-2017, 07:34 PM
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#21
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Senior Member
Join Date: Nov 2010
Location: Denison, Texas
Trailer: 2015 21'; 2011 19' sold; 4Runner; ph ninezero3 327-27ninefour
Posts: 5,136
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Cash over $10,000 can be a problem and that includes cashier's checks. Best to owe under $10,000 for pick-up.
__________________
Cathy. Floating Cloud
"Live in the sunshine, swim the sea, drink the wild air.... "
Emerson
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01-03-2017, 07:53 PM
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#22
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Senior Member
Join Date: Oct 2008
Location: North Vancouver, British Columbia
Trailer: 2009 Escape 17B 2020 Toyota Highlander XLE
Posts: 17,136
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Quote:
Originally Posted by float5
Cash over $10,000 can be a problem and that includes cashier's checks. Best to owe under $10,000 for pick-up.
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Cash over $10,000 is NOT a problem. You just have to declare it.
Recent Border Security TV program had a guy who was a movie producer who declared $400,000 in cash. Wasn't an issue, but he did declare it.
If he hadn't, it could have been seized and he would have to prove it legitimate to get it back.
__________________
What happens to the hole when the cheese is gone?
- Bertolt Brecht
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01-03-2017, 08:12 PM
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#23
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Senior Member
Join Date: Nov 2010
Location: Denison, Texas
Trailer: 2015 21'; 2011 19' sold; 4Runner; ph ninezero3 327-27ninefour
Posts: 5,136
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Quote:
Originally Posted by gbaglo
Cash over $10,000 is NOT a problem. You just have to declare it.
Recent Border Security TV program had a guy who was a movie producer who declared $400,000 in cash. Wasn't an issue, but he did declare it.
If he hadn't, it could have been seized and he would have to prove it legitimate to get it back.
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I mean that, yes, it has to be declared or that could be a big problem. We took a few thousand to make the final payment but we were under $10,000. If someone is over, they had better so say. Some people seem to think that you should just not say what you have.
Didn't someone also say that cash over $10,000 there held by Americans required them to do U.S. paperwork? Don't know.
I also would not go by one example of a person who may be well known --- if he or she was --- as to what might be the treatment for anyone else who happens to have $400,000 cash or a lot less with them. Of course, some of these wealthy Escape buyers can let us know when they go to pick up and have $400,000 with them. Eric?
__________________
Cathy. Floating Cloud
"Live in the sunshine, swim the sea, drink the wild air.... "
Emerson
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01-03-2017, 08:34 PM
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#24
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Senior Member
Join Date: Oct 2009
Location: Galesville, Wisconsin
Trailer: 2017 21 "Blue II" & 2017 Highlander XLE (previously 2010 17B "Blue" & 2008 Tacoma)
Posts: 4,234
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Quote:
Originally Posted by float5
Of course, some of these wealthy Escape buyers can let us know when they go to pick up and have $400,000 with them. Eric?
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Yah, me and wealthy in the same sentence -- that's a good one!
__________________
Eric (and Mary who is in no way responsible for anything stupid I post)
"Beware of false knowledge; it is more dangerous than ignorance." George Bernard Shaw
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01-03-2017, 09:20 PM
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#25
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Senior Member
Join Date: Jan 2014
Location: North Van., British Columbia
Trailer: 2014 Escape 19, sold; 2019 Escape 21, Sept. 2019
Posts: 8,797
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Quote:
Originally Posted by gbaglo
Cash over $10,000 is NOT a problem. You just have to declare it.
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Absolutely true. I've taken well over $10,000 in cash into the US to buy a car. Just declare it, takes a couple of minutes to deal with and you're done legally. Nothing to come back and bite you.
I don't make a habit of carrying large amounts of cash but in this case we'd done a bank transfer to Portland but the person freaked out when his bank said that they still put a hold on it for a couple of days. Darn wife just had to have a certain type of car in a color not available in Canada.
Ron
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01-03-2017, 10:16 PM
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#26
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Senior Member
Join Date: Oct 2008
Location: North Vancouver, British Columbia
Trailer: 2009 Escape 17B 2020 Toyota Highlander XLE
Posts: 17,136
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You are required to report cash over $10,000. You are given the opportunity to do so. If you don't, you are smuggling cash.
And, don't try to bring an apple.
__________________
What happens to the hole when the cheese is gone?
- Bertolt Brecht
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01-03-2017, 11:22 PM
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#27
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Senior Member
Join Date: Nov 2010
Location: Denison, Texas
Trailer: 2015 21'; 2011 19' sold; 4Runner; ph ninezero3 327-27ninefour
Posts: 5,136
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Quote:
Originally Posted by gbaglo
You are required to report cash over $10,000. You are given the opportunity to do so. If you don't, you are smuggling cash.
And, don't try to bring an apple.
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Coming into the U.S., they took my orange. But then that's apples and oranges.
__________________
Cathy. Floating Cloud
"Live in the sunshine, swim the sea, drink the wild air.... "
Emerson
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