From now on, travelers must complete a affidavit if they exceed US $ 10,000. What are the other changes that are established.
The decree will be in force 10 days after publication.
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The Customs Collection and Control Agency (ARCA) He updated and unified regulations on cash income and discharge, in addition to precious metals, in line with the recommendations of the International Financial Action Group (GAFI).
Argentina, is a member of the GAFI since 2000 and must meet its standards, including recommendation No. 32, which requires mechanisms for detect and punish the cross -border transport of these assets When they are linked to Financial crimes.
Currently, the export of foreign currency and precious metals is restricted by Decree No. 1.570/2001, allowing only under certain conditions. The new regulation unifies and updates these requirements.
What are the changes that ark for travelers
The resolution establishes that travelers of any category and the crew that enter the Argentine territory, either as luggage or pacotilla, They must declare the cash in the customs service, The bearer negotiable instruments (in national or foreign curren If its total value is equal to or higher au s10,000 or its equivalent in other currencies.
This statement will be made through form OM 2249-A, which will be completed and issued by the customs service and signed by the declarant, as provided in the Regulation available on the agency’s website.
On the other hand, it is clarified that the buyer exchange rate will be considered at the end of the business day prior to the entrance of the country, as communicated by the Bank of the Argentine Nation.
As for the discharge, travelers and crew They can only withdraw cash, negotiable instruments to the carrier in foreign currency or beautiful precious metals if their value is lower Au $ s10,000 or their equivalent in other currencies, and must consider the seller exchange rate at the close of the business day before the discharge, as indicated by the Bank of the Argentine Nation.
If the total value exceeds this amount, Only foreign currency and carrier instruments can be carried out through entities authorized by the Superintendence of Financial Entities and Exchange Entities. In the case of the national legal currency and negotiable instruments in this currency, they can do the discharge through a statement before the customs service, using the OM 2250-B form.
The OM 2250-B form will be completed and issued by the customs service and signed by the declarant, in accordance with the regulations available on the website of the agency.
ARCA AFIP TAXES-01
Important Clarifications of Arca
- The amounts established in articles 1 and 2 are applied to over 16 years, emancipated adults, already under 16 years of age, who will have a limit of 50% of the values established for adults.
- The data declared by each traveler or crew will be registered in the Income and Expenditure of Securities by the Customs Service and will be provided to the Financial Information Unit (FIU). In case of non -compliance with the provisions, precautionary sanctions and measures will be imposed according to the customs code.
- The Transit travelers will not be subject to the aforementioned restrictions if they have correctly declared money or instruments when entering, and must include the word “transit” in the declaration.
- The resolution also establishes that the agency will inform the FIU to any behavior related to money laundering or terrorism financing.
- Finally, the resolution will enter into force 10 business days after its publication.
Source: Ambito
