Is there a limit to how much $ i can bring as k1 visa holder?

[gorjuzk8 2]

Hi again guys,

I am so sorry, I cannot find to what topic I should post this,

I would like to know how much money I can bring in to the US,

Can i bring all my savings over there? and if i declare it, would i be taxed?

I was planning to bring more than 20,000$ if they will allow it,

The thing is i don't like asking for money, and not used to that,

as I believe I won't be able to work until after a permit has been given,

and I doubt I will be able to find the job that I like right away..

Will this be enough for a year? I am so uncomfortable without savings,

and I don't think 10,000 will fit..

[Harpa Timsah 13,258]

You can bring as much as you like tax free. There is no tax to move money to the US.

[gorjuzk8 2]

You can bring as much as you like tax free. There is no tax to move money to the US.

Hi Harpa, thanks for the reply..

[Salamat_sa_Diyos 1]

I believe that there is a limit...$10,000 cash that you can carry with you. When we entered Detroit, I was asked how much cash do I have with me. It was below the limit but the officer did not ask to see it.

What I read here previously, one woman opened a dollar account with Citibank locally and then she just maintained the account in the US. She could withdraw the money from there.

Hope that helps. All the best.

Jessica

[JRF 117]

You are permitted to bring any amount, yet you need to declare the amount if it is greater than $10,000. As to your question whether this will be enough - that all depends upon where you live and how much you spend. Your provide suggests the NYC area, which is expensive.

Build a household budget with your fiancé and you have your answer.

Edited November 30, 2013 by JRF

[gorjuzk8 2]

I believe that there is a limit...$10,000 cash that you can carry with you. When we entered Detroit, I was asked how much cash do I have with me. It was below the limit but the officer did not ask to see it.

What I read here previously, one woman opened a dollar account with Citibank locally and then she just maintained the account in the US. She could withdraw the money from there.

Hope that helps. All the best.

Jessica

Hi thanks!! that is actually a good idea.. I will inquire right away, there should be a citibank somewhere in Jersey City.. Hopefully..

You are permitted to bring any amount, yet you need to declare the amount if it is greater than $10,000. As to your question whether this will be enough - that all depends upon where you live and how much you spend. Your provide suggests the NYC area, which is expensive.

Build a household budget with your fiancé and you have your answer.

Hi JRF, thanks so much.. My fiance is a nurse which is good for us, but you are right, it is pretty expensive living there..

Everytime I went to visit I spend a lot for food and shopping when I am out with friends.. But everything is going to change from here on in..

thanks again..

Edited November 30, 2013 by gorjuzk8

[Ryan H 3,796]

Moved from Progress Reports to Process & Procedures.

[Gary and Alla 3,694]

Hi again guys,

I am so sorry, I cannot find to what topic I should post this,

I would like to know how much money I can bring in to the US,

Can i bring all my savings over there? and if i declare it, would i be taxed?

I was planning to bring more than 20,000$ if they will allow it,

The thing is i don't like asking for money, and not used to that,

as I believe I won't be able to work until after a permit has been given,

and I doubt I will be able to find the job that I like right away..

Will this be enough for a year? I am so uncomfortable without savings,

and I don't think 10,000 will fit..

There is no limit or tax. Amounts over $10,000 will be recorded and reported. Not an issue if you are just moving your own money. It can be done by wire transfer between banks. I do not recommend carrying that much cash

[Dave&Roza 748]

Hi again guys,

I am so sorry, I cannot find to what topic I should post this,

I would like to know how much money I can bring in to the US,

Can i bring all my savings over there? and if i declare it, would i be taxed?

I was planning to bring more than 20,000$ if they will allow it,

The thing is i don't like asking for money, and not used to that,

as I believe I won't be able to work until after a permit has been given,

and I doubt I will be able to find the job that I like right away..

Will this be enough for a year? I am so uncomfortable without savings,

and I don't think 10,000 will fit..

As others have said the limit before having to declare it is $10,000. I would highly suggest you either wire the money to a US bank account--your fiancee's for example or get it in a certified check you can use to open a new account in the US. Do not carry that much cash with you as it might easily be separated from you and then you are out all that money.

Good luck,

Dave

[altonbebe 48]

As others have stated, do a wire transfer. Do not carry that type of moeny with you.

Before you leave, go to the branch where you opened your account. Get to know the manager. Advise him you will be moving to the United States and will be opening a U.S. account upon your arrival here.

During the conversation, ask him / her what forms are required to initiate an international wire transfer. BE SURE to ask him / her if you can email or fax the forms to him / her. If he / she will not allow you to email or fax the forms, you may have to disgnate a power of attny for a freind / relative.

If you decide to travel with it, DO NOT even think about NOT declaring it. That is a serious NO NO.

If you carry it with you and DO NOT declare AND U.S. Customs discovers the funds. They ( U.S. Customs ) will seize all your funds. Then you will have to go through a process to get the funds back. This process takes about a year to complete.

Good luck.

Small word of advise, when you get to the U.S., set your bank account up where ONLY YOU have access to it and NOBODY else.

I know we would all LOVE to think that everything will go okay on our new path in life, but things happen. Read some of the stories here on VJ.

If after 1 year and everything is going good, then start to merge your accounts. The last thing you want to find out is all your funds have been depleted without your knowledge.

Now before anyone comes on here and starts to blast me for that last statement, that is advise from my late grandmother. She always told me " son, when you get married, you wait 2 years before any major decisions i.e. house buying, car buying, merging accounts, starting a family"

[Harpa Timsah 13,258]

As others have stated, do a wire transfer. Do not carry that type of moeny with you.

Before you leave, go to the branch where you opened your account. Get to know the manager. Advise him you will be moving to the United States and will be opening a U.S. account upon your arrival here.

During the conversation, ask him / her what forms are required to initiate an international wire transfer. BE SURE to ask him / her if you can email or fax the forms to him / her. If he / she will not allow you to email or fax the forms, you may have to disgnate a power of attny for a freind / relative.

If you decide to travel with it, DO NOT even think about NOT declaring it. That is a serious NO NO.

If you carry it with you and DO NOT declare AND U.S. Customs discovers the funds. They ( U.S. Customs ) will seize all your funds. Then you will have to go through a process to get the funds back. This process takes about a year to complete.

Good luck.

US Customs will not seize your funds.

Edited December 1, 2013 by Harpa Timsah

[gorjuzk8 2]

As others have stated, do a wire transfer. Do not carry that type of moeny with you.

Before you leave, go to the branch where you opened your account. Get to know the manager. Advise him you will be moving to the United States and will be opening a U.S. account upon your arrival here.

During the conversation, ask him / her what forms are required to initiate an international wire transfer. BE SURE to ask him / her if you can email or fax the forms to him / her. If he / she will not allow you to email or fax the forms, you may have to disgnate a power of attny for a freind / relative.

If you decide to travel with it, DO NOT even think about NOT declaring it. That is a serious NO NO.

If you carry it with you and DO NOT declare AND U.S. Customs discovers the funds. They ( U.S. Customs ) will seize all your funds. Then you will have to go through a process to get the funds back. This process takes about a year to complete.

Good luck.

Small word of advise, when you get to the U.S., set your bank account up where ONLY YOU have access to it and NOBODY else.

I know we would all LOVE to think that everything will go okay on our new path in life, but things happen. Read some of the stories here on VJ.

If after 1 year and everything is going good, then start to merge your accounts. The last thing you want to find out is all your funds have been depleted without your knowledge.

Now before anyone comes on here and starts to blast me for that last statement, that is advise from my late grandmother. She always told me " son, when you get married, you wait 2 years before any major decisions i.e. house buying, car buying, merging accounts, starting a family"

Thank you for the advice, I never even thought about that.. I was even thinking to put my money on a savings acct with atm, so i could withdraw the pesos in dollars in the US.. but I'm not sure about the rates.. But going to the bank and speaking to the manager is a better option..

I was laughing reading the last part.. but thank you for that.. my mom always told me that I should always have my own money and not tell my husband about it.. LOL.. i always thought that was funny.. My fiance and I are very close and I kind of already have money mixed in with his about the same money I am bringing,

amount of debt from his friends who are over there in the US who have borrowed pesos when they were here and they paid him in dollars.. so i guess it's a little too late for that.. but he told me he is never touching my money.. it's ok though.. money is the last thing we should argue about..

[raven52 233]

When my wife and I were going through this, it has been some time ago, the name AmeriBank.,..,. keeps floating around in my mind, as there are not very many banks I would trust with 10K, between countries.,.,., but I agree, do not carry more than 10K with you.,.,.set up your bank account between countries before you leave, and make sure it is a bank that is affiliated with the Philippines!

I just asked my wife from Cebu, she says there is CitiBank there..,.,. and all over the US!

[tEe328cEe 12]

Hi again guys,

I am so sorry, I cannot find to what topic I should post this,

I would like to know how much money I can bring in to the US,

Can i bring all my savings over there? and if i declare it, would i be taxed?

I was planning to bring more than 20,000$ if they will allow it,

The thing is i don't like asking for money, and not used to that,

as I believe I won't be able to work until after a permit has been given,

and I doubt I will be able to find the job that I like right away..

Will this be enough for a year? I am so uncomfortable without savings,

and I don't think 10,000 will fit..

i'm glad you opened this up.. because i'm thinking about it too.. i'm planning to carry more than $10,000 when i go there but then "as what i knew" more than 10,000 will be taxed so i decided to just carry 9,000 and have my mom and dad carry the exceeding amount when they follow to the US to attend to our wedding.

[gorjuzk8 2]

i'm glad you opened this up.. because i'm thinking about it too.. i'm planning to carry more than $10,000 when i go there but then "as what i knew" more than 10,000 will be taxed so i decided to just carry 9,000 and have my mom and dad carry the exceeding amount when they follow to the US to attend to our wedding.

hi! thanks!! yeah i thought about that too.. but my mom will surely bring money because going there she will buy a lot of stuff

she likes to shop.. and my dad won't be coming to the wedding, he doesn't want to travel far..

i think ill try the citibank option if my bank won't issue me like a check that I can bring or whichever is more convenient..

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