Taking gold bars to other country?

[Jimbolai]

Another poster ask this but there was not much of an answer. Any one care to reply

Just to keep my options open, can I carry or ship Thai gold ( 96.5 ) through customs? I'm talking about
70 baht bars. Not good delivery bars. What is the limit? Or should I convert all to neck chains like "Mr. T"?

[RandomSand]

I think if value < $20,000 = fine but 70 baht gold is worth > $40,000 = trouble because gold is as good as money in Thailand/Asia.

Edited September 7, 2014 by RandomSand

[Jimbolai]

To clarify the question. I am not talking about smuggling. You can take any amount of money, US$$$ as long as you declare it on the customs form. No fee no penalty just a declaration to stop drug smugglers with suitcases full of money.

Can you take gold bars and declare the value and not pay a penalty?

Edited September 8, 2014 by Jimbolai

[RandomSand]

Do you have documentation to show full legal title to the metal ?

Your documentation would need to be the Thai language to be recognised legally, afaik.

Edited September 9, 2014 by RandomSand

[Jimbolai]

I did not get an answer to my question.

Thanks anyway.

[thailiketoo]

Does gold show up on a metal detector?

[ATF]

You need an export permit according to the law.

[David48]

Well, you said 'customs' ... which 'customs' do you refer to?

It is assumed the 'customs' is the country to where you are taking/importing the gold.

[Naam]

Well, you said 'customs' ... which 'customs' do you refer to?

It is assumed the 'customs' is the country to where you are taking/importing the gold.

i [not so] humbly beg to differ honourable Sir Twin Father

de jure and de facto you are also passing "customs" whenever you leave a country, e.g. it is the Thai customs department where you have to declare any amount of money exceeding USD 20k when you leave. i have never seen a Thai definition of that value but the definition of many countries (the U.S. of A. as well as the European Union) include on top of cash "negotiable instruments" such as cashier's cheques, traveller cheques, bearer bonds and last not least precious metals.

note: exporting the amount of gold the OP mentioned i'd consider a big problem, even if declared, as (according to a number of statements) an export license is required.

[Naam]

Does gold show up on a metal detector?

you bet your sweet butt!

[thailiketoo]

Does gold show up on a metal detector?

you bet your sweet butt!

Now that is funny

[Naam]

Does gold show up on a metal detector?

you bet your sweet butt!

Now that is funny

it's just an assumption as i don't really know how sweet your butt is

[Time Traveller]

Well, you said 'customs' ... which 'customs' do you refer to?

It is assumed the 'customs' is the country to where you are taking/importing the gold.

i [not so] humbly beg to differ honourable Sir Twin Father

de jure and de facto you are also passing "customs" whenever you leave a country, e.g. it is the Thai customs department where you have to declare any amount of money exceeding USD 20k when you leave. i have never seen a Thai definition of that value but the definition of many countries (the U.S. of A. as well as the European Union) include on top of cash "negotiable instruments" such as cashier's cheques, traveller cheques, bearer bonds and last not least precious metals.

note: exporting the amount of gold the OP mentioned i'd consider a big problem, even if declared, as (according to a number of statements) an export license is required.

35oz of gold bar requires an export licence in Thailand ? I doubt that, where is the law/regulation saying this?

[Naam]

Well, you said 'customs' ... which 'customs' do you refer to?

It is assumed the 'customs' is the country to where you are taking/importing the gold.

i [not so] humbly beg to differ honourable Sir Twin Father

de jure and de facto you are also passing "customs" whenever you leave a country, e.g. it is the Thai customs department where you have to declare any amount of money exceeding USD 20k when you leave. i have never seen a Thai definition of that value but the definition of many countries (the U.S. of A. as well as the European Union) include on top of cash "negotiable instruments" such as cashier's cheques, traveller cheques, bearer bonds and last not least precious metals.

note: exporting the amount of gold the OP mentioned i'd consider a big problem, even if declared, as (according to a number of statements) an export license is required.

35oz of gold bar requires an export licence in Thailand ? I doubt that, where is the law/regulation saying this?

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