Author Topic: Moving Money from Abroad to USA  (Read 918 times)

czr

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Moving Money from Abroad to USA
« on: July 13, 2017, 07:02:16 AM »
My father is getting an inheritance from a different country in the form of land, investments, jewelry, and a vehicle in the amount of $100k. He is going to liquidate everything and bring the money to the US. The foreign government will charge the estate a tax. But for the USA side of things I advised him to speak to an attorney or tax expert but does anyone have experience on this to minimize red flags and taxes with bringing the proceeds over here before he starts shelling out the $200-500/hr in professional fees as he is not wealthy?

 

Wow, a phone plan for fifteen bucks!