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I'm told $100,000/month but the real problem is repatriating it to your own country what with the money laundering laws all over the place and capital gains tax vultures - governments neeeeed money now more than ever.
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Getting money out of bali
Thinking of investing some money in Bali does anybody know of any restrictions on getting your money back out?
I'm told $100,000/month but the real problem is repatriating it to your own country what with the money laundering laws all over the place and capital gains tax vultures - governments neeeeed money now more than ever.
Markit is right. The only problem with investing between two countries is the two taxes you might be required to pay for both government.
You can invest in the LPD banks [ high interest village banks] with cash, get your money out after the agreed period, again cash and change to your own currency again cash. Put it in your bag and take it home.
I hope this answers your question [if I understood it right]
I have done this with no problems [get your money out on the date of the certificate otherwise a penalty is paid.] You can get around 20% a year.
Last edited by mat; 08-05-2010 at 11:58 AM.
Im a tad curious...........investing? And already planning on making enough cash to have to start thinking about how to get it back out?Originally Posted by algarvebrian
good luck.
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