Posted by: seeker67 April 30, 2016
Need to send 50K to Nepal
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Folks, I need to send 50K to Nepal to invest on a property but am not sure how to. Researched a bit on the transfer matter and found it's difficult to send that amount of money. Has anyone here sent that much of money? How about sending as a gift to 4 different people? I think any sum less than 14K is exempt to gift tax, right? Or, how frequent I can transfer sum less than 10K, can I do 5x 9999 transfers in a month? Pleas share your experiences. Thanks and Jay Nepal!!
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