top of page

ENTERING OR LEAVING EU WITH CASH

Under European law, any individual entering or leaving the EU who carries cash of €10,000 or more is required to declare this amount to the customs authorities of the EU Member State through which he or she is entering or leaving the EU.


The obligation to declare applies to any person who transfers at minimum the above funds, regardless of whether or not that person is the owner of the money.

ENTERING OR LEAVING EU  WITH CASH

In case of circumvention of the declaration of the above funds, the money found during the inspection may be confiscated by decision of the customs authorities. The confiscation may be imposed for a period of up to 3 months for the purpose of conducting an investigation regarding the movement of funds from illegal activities.


Furthermore, pursuant to the customs code of Greece, a penalty amounting to 25% of the undeclared sum is imposed.


Our Law Office provides a comprehensive array of services in customs and tax law, delivering tailored legal assistance to our clients.

تعليقات


تم إيقاف التعليق.
bottom of page