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Q: Undeclared cash limit upon entry? And/Or ?
I've read different translations for undeclared currency.
1. Can bring $5000 usd and 20,000 rmb
2. Can bring $5000 usd or 20,000 rmb
I need to bring enough for housing deposit and first month before I receive salary.
thanks,
6 years 38 weeks ago in Money & Banking - Shanghai
I had lived and worked in China for a number of years, earning between 5000, and up to about 18000. Rented my own apartment, paid bills etc etc..
When I wanted to get an L visa to hang around for an extra 30 days, I needed to provide proof of being able to look after myself here (without breaking the law by working).
20,000RMB.
WTF???? When I was on 1/4 of that, I was able to survive! Why the hell would I need to have 20K now???
China is stupid!
Englteachted:
You're right he doesn't need to bring in so much but his situation is different from what you're describing, he's setting himself up.
But if he's not planning on living in a hotel for the first 2 months, he's making a mistake. You should be a minimalist for the first 2 months to checkout the school and city and make sure you want to stay.
Shining_brow:
Very true! Especially that last bit!
Maybe the PSB is saying we need that mnoey in the bank - in case we need to do a runner :p
There are these things called banks, they give you a visa debit card and you can withdraw money from an ATM.
Which country you're from?
For example, I'm from USA , so Bank of America is the bank I chose before leaving because I did my homework and found that BOA allows no-fee withdrawals from China Construction bank
