Exporting Foreign Currency: Key Facts Recapped for Citizens
Rewritten Article:
Heads up, globetrotters! Planning a trip to Kazakhstan? There's a thing or two you need to know about declaring your hard-earned dough at the border.
First off, according to the Code of the Republic of Kazakhstan "On Customs Regulation in the Republic of Kazakhstan," if you're carrying more than $10,000 equivalent in cash or traveler's checks while entering or exiting the country, you'll have to spill the beans about it on a customs declaration form. The exchange rate on the day you submit the form determines the Kazakhstani tenge equivalent, using the official rate set by the National Bank of Kazakhstan.
Now, here's where things get a bit more intricate. The Eurasian Economic Commission's (EEC) Collegium decided on July 23, 2019 (No. 124) that if an individual under 16 years old is traveling with an accompanying adult, their personal belongings will be included in the same declaration form. This means that on top of your cash and check declarations, you'll need to account for anything belonging to kids under 16 who tag along on your adventure.
In case you're wondering what kinds of cash are on the "no-go" list, check out this for a comprehensive rundown. Keep in mind that rules vary from country to country, and you can always get the most accurate, up-to-date info from the official customs website of Kazakhstan or by contacting their embassy or consulate directly.
Oh, and did we mention that there are no age restrictions when it comes to declaration requirements? All travelers, regardless of age, must comply with the rules.
Just remember to stay one step ahead of the game and declare your dough, and you'll sail through Kazakhstan's customs like a boss! Safe travels! 👋🏻
I, a global traveler, must declare my cash when entering or exiting Kazakhstan if it exceeds $10,000 equivalent, following the regulations stated in the Code of the Republic of Kazakhstan "On Customs Regulation in the Republic of Kazakhstan".
If I am traveling with children under 16 years old, their personal belongings will be included in the same customs declaration form.
Kazakhstanis may need to submit a customs declaration and provide details about exported cash, as per the Eurasian Economic Commission's Collegium decision on July 23, 2019 (No. 124).
For comprehensive guidance on cash restrictions while traveling, I can refer to the official customs website of Kazakhstan or contact their embassy or consulate directly. Businesses involved in finance should also abide by the relevant customs rules.
