How Much Cash You Can Bring To USA Per Family
The USA has been a preferred destination for many Indians. While some prefer to visit the country for education, some others prefer taking up professional assignments in the country to gain more exposure. There is yet another group of people who prefer visiting the country just as tourists whether to visit this new place or visit the country to meet near relatives and friends. However, for whatever purpose one visits the country, the individuals need to carry essential things with them to the distant land. Among all the essential things, the most important thing which needs to be carried is sufficient cash, that too US denominations. This is because Indian currency would not be acceptable in the USA and thus, USA currency needs to be carried sufficiently so that the trip to the USA can take place comfortably and in a stress-free manner. However, on the note of carrying sufficient cash, it is important to understand how much cash can you bring to the USA per family?
How Much Cash You Can Bring To USA Per Family?
On per person per trip basis, the legal limit for carrying cash in US Dollars is USD 3000 from India to the USA, though the individuals can carry up to USD 10,000 in the form of currency notes, coins, travelers check, and other specific monetary instruments without formally declaring the same to customs. In case the individuals plan to carry cash and equivalent more than USD 10,000, they need to duly notify the same (along with the exact amount) to the customs in order to avoid any fine or losing the money (money above USD 10000 not notified to the customs is confiscated by the customs department).
This limit of USD 10,000 is not only the limit for an individual traveling to the USA but also to a group including a family traveling to the USA. Therefore, any individual or a group or a family collectively can bring in USD 10,000 in US dollars, foreign currency, or another negotiable financial instrument without any notification to the Customs. However, any amount exceeding USD 10,000 in total in any form should be disclosed in the appropriate manner (by duly filling in the requisite form for customs declaration) to the customs department in order to avoid negative consequences such as forfeiture or a host of other civil and criminal penalties. When in the USA, it is imperative to follow the US customs cash declaration procedure including the exact form in which such cash and currency should be declared to the Customs or the Treasury Department of USA.
In case a family or a group plans to carry currency individually, such that the amount exceeds USD 10,000, for example in a family of three, the man carries USD 4000, the woman carries USD 5000, and the child carries USD 2000, such excess amount needs to be reported to the Customs duly since as a group or a family, to be precise, an amount equivalent to USD 10000 alone is permissible without notification to the Customs. The US customs cash limit per family needs to adhere strictly in order to make the stay in the USA pleasant and memorable.
In case the family plans to transfer money from India to USA, especially such currency more than USD 10,000 using other modes such as ban wire or other financial institution fostered fund transfer in any form, the financial institution which receives such amount in the USA would automatically file a report with the US Treasury Department about such fund transfers. Thus, there is no way to take currency more than USD 10,000 without declaring the same to Customs.
The USA is a developed and progressive nation with amazing places and destinations to visit. The visit to the country should thus be utilized optimally and getting into trouble because of not being aware or not following the rules of the land is absolutely not warranted. In the sake of making the trip a success and maintaining the sanctity of the land one is visiting (USA in this case), one should not only know and understand how much cash you can bring to the USA per family but also understand the process to be followed in case the amount carried to the USA exceeds the permissible limits.