Promulgated: November 8 2004
Effective: December 1 2004
Interpreting authority: People's Bank of China
Applicability: "Migrant transfer" refers to an act whereby natural persons who migrate from Mainland China to reside in foreign countries, the Hong Kong or Macao Special Administrative Regions or the Taiwan region realize the property lawfully owned by them in China before obtaining their migrant status, and purchase and remit foreign exchange out of China through designated foreign exchange banks.
People's Bank of China, Administration of Sale and Payment of Foreign Exchange for External Transfer of Personal Property Tentative Procedures
中国人民银行个人财产对外转移售付汇管理暂行办法
Promulgated: November 8 2004Effective: December 1 2004Interpreting authority: People's Bank of ChinaApplicability: "Migrant transfer" refers to an act…
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