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Leaving SG - need some help

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Sherrylings
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Leaving SG - need some help

Postby Sherrylings » Sun, 21 May 2017 2:27 pm

Hi all,

I am moving back to Canada at the end of Jun'17. Just wanted to know if there is a limit on cash which one can take OUT OF SG. I do plan to declare the forex I am taking out. Kindly clarify. Thanx.

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ecureilx
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Re: Leaving SG - need some help

Postby ecureilx » Sun, 21 May 2017 5:07 pm

Sherrylings wrote:Hi all,

I am moving back to Canada at the end of Jun'17. Just wanted to know if there is a limit on cash which one can take OUT OF SG. I do plan to declare the forex I am taking out. Kindly clarify. Thanx.

If you bring out more than 50,000 you need to declare I think.

Look it up in MAS site

MikeJones
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Re: Leaving SG - need some help

Postby MikeJones » Sun, 21 May 2017 9:47 pm

From the ICA website https://www.ica.gov.sg/page.aspx?pageid=98#currency there is no limit but you must declare anything over $20,000.

Mike

Sherrylings
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Re: Leaving SG - need some help

Postby Sherrylings » Sun, 21 May 2017 9:57 pm

Thanx both. That was super helpful.

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Wd40
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Re: Leaving SG - need some help

Postby Wd40 » Sun, 21 May 2017 11:52 pm

ecureilx wrote:
Sherrylings wrote:Hi all,

I am moving back to Canada at the end of Jun'17. Just wanted to know if there is a limit on cash which one can take OUT OF SG. I do plan to declare the forex I am taking out. Kindly clarify. Thanx.

If you bring out more than 50,000 you need to declare I think.

Look it up in MAS site

Bring out or take out? You have become a proper local now :)

Sent from my Redmi Note 4 using Tapatalk

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PNGMK
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Re: Leaving SG - need some help

Postby PNGMK » Mon, 22 May 2017 8:22 am

Sherrylings wrote:Hi all,

I am moving back to Canada at the end of Jun'17. Just wanted to know if there is a limit on cash which one can take OUT OF SG. I do plan to declare the forex I am taking out. Kindly clarify. Thanx.


Don't forget Canada has a rule on declaring what you bring in to Canada.
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ecureilx
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Re: Leaving SG - need some help

Postby ecureilx » Mon, 22 May 2017 8:48 am

Wd40 wrote:
ecureilx wrote:
Sherrylings wrote:Hi all,

I am moving back to Canada at the end of Jun'17. Just wanted to know if there is a limit on cash which one can take OUT OF SG. I do plan to declare the forex I am taking out. Kindly clarify. Thanx.

If you bring out more than 50,000 you need to declare I think.

Look it up in MAS site

Bring out or take out? You have become a proper local now :)

Sent from my Redmi Note 4 using Tapatalk


I will be more localised when I tell my colleagues I am coming home, when 'leaving work', because one always COMES HOME !!! Never goes Home.

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sundaymorningstaple
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Re: Leaving SG - need some help

Postby sundaymorningstaple » Tue, 23 May 2017 9:28 am

Depends if you live in a shophouse or not. ;-)
:mrgreen:

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ecureilx
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Re: Leaving SG - need some help

Postby ecureilx » Tue, 23 May 2017 11:43 am

sundaymorningstaple wrote:Depends if you live in a shophouse or not. ;-)
:mrgreen:


Tricky :D :D


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