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Thread: Money transfer to Bali 2nd edition

  1. #21
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    Default Re: Money transfer from Bali

    Hello,

    now I have a question regarding money transfer from Bali to Germany. When I have sold my house I have to change the rupies into Euro and transfer it to my account of a german bank.
    I think there is no problem because Germany and Indonesia have a "Doppelbesteuerungsabkommen".
    When I pay the tax here I dont have to pay it again in Germany. Is that right?

    johannes

  2. #22
    Addicted Markit's Avatar
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    Default Re: Money transfer to Bali 2nd edition

    Quote Originally Posted by johannes
    I think there is no problem because Germany and Indonesia have a "Doppelbesteuerungsabkommen".
    When I pay the tax here I dont have to pay it again in Germany. Is that right?
    Having worked in Germany for a few years I think that what you are talking about "Doppelbesteuerungsabkommen" only has to do with earned income, not capital gains.

    Also be aware that Indo banks only allow you to transfer a maximum of $100,000 a month so if you want to do more lay it over to the end of the month i.e. on March 31st the first batch and then on April 1st the next.

    If you have more than that tough shite :lol:

  3. #23
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    Default Re: Money transfer to Bali 2nd edition

    No, the money would be below that amount. I think that we cannot take more than 10.000 Euro each per person because of the "money-washing laws".
    An amount of abt. 40.000 euros can be transferred by the BCA, I think.

    johannes
    Last edited by johannes; 27-02-2010 at 10:16 AM. Reason: no more of interest

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