You can move it $10k at a time. It just takes a while if you have a lot to move.
This is also partially why buying real estate in the West is so popular. Paying a mortgage is a very easy way to move money off shore without the same level of scrutiny.
And that further drives up housing prices for us from the west. China doesn’t let foreigners buy property so why do we let them while we’re not able to afford a house?
You can move it $10k at a time. It just takes a while if you have a lot to move.
This is also partially why buying real estate in the West is so popular. Paying a mortgage is a very easy way to move money off shore without the same level of scrutiny.
And that further drives up housing prices for us from the west. China doesn’t let foreigners buy property so why do we let them while we’re not able to afford a house?