How much Dollars in cash one can carry on his first visit to USA on Immigrant visa ?
It's NOT reporting it, that's going to land you in serious trouble. Failure to comply can result in civil and criminal penalties and may lead to forfeiture of your monetary instrument.
Absolutely correct. Since there is no way around the reporting aspect, then might as well move the money is a more secure way (wire) rather than carry the money in cash![]()
I wouldn't do it, either, but I imagine the scenario might be different for people of certain countries who don't have their money in banks for a variety reasons. I know people who don't keep their money in banks, and literally stuff their bed with it. There are a few sound reasons why![]()