Introduction
The Government of Sint Maarten recently approved the amendment of the
National Ordinance on the reporting obligation of cross-border money transports to include precious metals, jewelry and rare objects of high value. The threshold amount for the reporting obligation of cross-border money transports has been simultaneously increased from NAƒ 20.000 to NAƒ 25.000. The threshold amount of NAƒ 25.000 applies to each category separately, being precious metals, jewelry and rare objects of high value.
The detail information on the amendment that may be applicable to you.
The reporting obligation
Persons entering or leaving Sint Maarten shall be under the obligation to report money,
To read more: http://www.smn-news.com/st-maarten-st-martin-news/33085-amendment-national-ordinance-on-the-reporting-obligation-of-cross-border-money-transport.html"
