In anticipation of the summer holiday season, the Customs Control Department of the State Revenue Department of the North Kazakhstan Region reminds us of the current legislation regarding the export of foreign currency from the Republic of Kazakhstan.
There is a legal norm, subparagraph 7 of paragraph 1 of Article 343 of the Code of the Republic of Kazakhstan "On Customs Regulation in the Republic of Kazakhstan", according to which cash and traveler's checks are subject to customs declaration if their total amount, upon one-time import to the customs territory of the EAEU or one-time export from the customs territory of the EAEU, exceeds an amount equivalent to 10,000 (ten thousand) US dollars at the exchange rate in effect on the day of filing a passenger customs declaration with the customs authority.
However, although this legal norm has not been canceled, it is currently not applied in practice. And this is important to know! In order to protect the national interests of the country and ensure financial stability, Decree of the President of the Republic of Kazakhstan dated March 14, 2022 No. 830 is currently in effect, which establishes a ban on the export of foreign currency in cash and (or) monetary instruments in foreign currency in an amount exceeding the equivalent of 10,000 (ten thousand) US dollars and calculated at the exchange rate of the National Bank of the Republic of Kazakhstan established on the date of export.
Thus, each family member (including children) is allowed to move an amount of foreign currency in cash not exceeding the equivalent of 10,000 (ten thousand) US dollars. It is also useful to know that by the Decision of the Board of the Eurasian Economic Commission of July 23, 2019 No. 124 "On the customs declaration of goods for personal use", information on goods for personal use of individuals under 16 years of age is indicated together with information on goods for personal use of the person accompanying the said persons in one passenger customs declaration.