Bringing money from BG to uk

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njw
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Bringing money from BG to uk

Postby njw » Tue Nov 17, 2020 7:45 pm

Hi guys , back on again after a long absence.
After building a house in BG I have finally sold it ( keeping main residence) .
The question is to other sellers . Which is the best way to bring money home . I know 10,000 euros can be brought home on ur person but can you bring more , if you declare it? AND show paper regarding sale of house.
My other question is ...
Why don’t sellers just do bank transfer to their bank in the Uk ?
Any help greatly apppreciated . N,

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oldtimer
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Re: Bringing money from BG to uk

Postby oldtimer » Mon Nov 23, 2020 2:36 pm

Glad you finally sold your property. You can do a bank transfer but you must declare where the money came from, also you will need to tell the UK tax office as you might have to pay tax on it.

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Re: Bringing money from BG to uk

Postby truckyboy » Tue May 04, 2021 4:58 pm

Easier if your driving, just hide it in the boot in a holdall..sometimes they ask you to open the boot, but its a 2 second look, not a search..and at least you have proof of it, better than paying the greedy UK govt some of it..which in my opinion they have no right to, its a foreign investment and nothing to do with the UK, however you may have to pay some to BG, if the owners declares where their money went..good luck.


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