What are the regulations for import and export of currencies by foreigners?

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In most general case, resident of or non-resident persons shall furnish the custom authorities with a custom declaration in accordance with a template approved by the Ministry of Finance, in case when the exported / imported sum exceeds 5,000 BGN (Leva) or any other foreign exchange cash, traveler’s checks , the total amount of which exceeds the above sum. The foreigners may import unlimited amount of leva and / or foreign exchange cash, provided that this is being filled and filed with the regarding customs authorities. The type of currency and the sum of money they import is being appointed in case such event arises.
According to the rules governing the export of a currency, everything up to 5,000 BGN is not exposed to declaring. For amounts which equivalent is between 5,001 – 20,000 BGN there is a necessity of stipulating the origin of their acquiring, as well as their total sum. Free export over 20,000 BGN is allowed in case the amount of the exported sum does not exceed the amount of the imported and declared funds, after an obligatory declaration before the custom authorities is being submitted.


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