Thursday 1 July 2010

Expo Benefits

So, in addition to the HUGE drive to clean up and green up Shanghai City the Expo has other benefits too. Until the end of the Expo its possible to avoid the normal list of official paperwork and form filling needed to transfer RMB into a foreign currency. Instead all that is needed is your passport and for the value of money that you have exchanged into foreign currency, this year, to be less than $50 000 USD in value. For values over 50 000USD you need to do something special - although I didn't bother finding out what that was on the account of not having 50 000 USD.

So, if you need to get your RMB out of China it's best to do it before this October.

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