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Home » Reader question » Bringing gold from Thailand to the Netherlands?
Bringing gold from Thailand to the Netherlands?
Dear readers,
I want to buy a few pieces of gold in Thailand. Of those Baht gold bars of 15,244 grams. Now costs about 19,850.00 Baht (about 533 euros). My question is can this be carried in hand luggage and will I not get in trouble at the airport? I do not intend to declare it to the customs in the Netherlands because it only concerns a few thousand euros.
Regards,
Henri
“because it only concerns a few thousand euros”… maybe you should consult the customs website?
Suitcases and hand luggage are checked regularly, but the clothes you wear are not.
Well, sometimes you have to walk through a gate.
Feel free to put some in your hand luggage. If customs come out, you suddenly know how expensive it will be..
Some people, including you, should first read the taxes on imports of their own country.
You can find everything on the net.
Again typically Dutch: don't care about any law, but get angry when the consequences come. Everything up to a TOTAL of € 430. Please keep the receipt. ( don't forget your purchased clothes in TH ! )
https://www.belastingdienst.nl/wps/wcm/connect/nl/bagage/content/ik-reis-buiten-de-eu.
Not reporting and still being discovered = confiscation (seizure) and a fine after that.
Commercials come on TV often enough.
Very stupid tax free 430,00 euros if they check you big fine and it will probably be confiscated. Remember that hand luggage is checked at every airport and certain attitudes make them look like this. My advice just buy it in the Netherlands it's not worth it for those few cents cheaper.
You don't intend to declare it - then why ask if you can get into trouble with that, can't you count that on your own? In short: you must declare a value above € 430. I would just do that, just to avoid problems. Costs you nothing, in the end: no import duties are levied on gold and if the imported gold can be regarded as 'investment gold', you do not owe VAT.
According to the website of the Tax and Customs Administration, this is the definition of 'investment gold':
'gold in the form of bars or plates of a weight accepted by the gold markets, with a purity of at least 995/1.000'
Import duties + VAT are due. It is better to just buy gold bars in the Netherlands / Belgium. 99.99% and no VAT is due. Gold price is a world price wherever you buy it.
No import duties on gold, Fernand. See my earlier response.
Import of articles, including gold bars, with a value above € 430, = must be declared. Like many other Thai partners of Dutch and Belgians, my partner occasionally bought a gold chain during family visits in Thailand. On the internet I can't find any rules on how to act when re-executing this jewellery, so when departing from the Netherlands. Are there readers who are aware of this? Perhaps the editors believe that this is a separate question, but I will hear that. Please look forward to responses.
My wife has many Thai gold jewelry she wears. Never made a problem.
Thank you Jan S for your comment. Assume that she does have to take off her jewelery when she goes through the security check/scan upon departure from Schiphol. But it's good to know that at least it hasn't caused any problems for you. Strangely enough, as I wrote, I can't find anything about it on the internet, but maybe I didn't look in the right places. Hgr.
Dear Leo,
If you take pictures of the jewelry your wife has, and you're in for a problem
with the return you can demonstrate this.
If you return to the Netherlands with a woman or man, I will
personally not hanging the kilos around my neck.
If you buy some gold this is not a problem at all.
The problem is that many can trade in this.
Usually and this has been discussed before on the blog you will not get a problem with it
take it with you as a gift or gift.
Yours faithfully,
Erwin
Dear Erwin, funny comment, but hung with kilos of gold Traveling out and in the Netherlands does not seem wise to me either. I don't wear any jewelry myself, but others and certainly Thai people do. Gold jewelry is still an apple for the thirst for them, they were raised with it. So is my partner, who I have not been able to convince that there are more lucrative ways to invest your money. So in the past, a new gold chain was regularly bought during a holiday in Thailand. Many Thai friends who come to visit us are also rich in gold. Now it is the case with us that there is one gold chain in the house, the rest is in a bank vault for safety. Of course it is not free and that is exactly what made my partner think about perhaps bringing gold back to Thailand on a next trip and selling it there. Hence my question whether there are any rules when it comes to exporting gold jewelery from the Netherlands.
Dear Leo TH,
I am also certainly aware that Thai women do this
as a nest egg (suppose something happens).
I'm responding to this myself because I have a good friend who has problems here
has had.
His wife had put on all her gold, exchanged some for new
gold. Very flashy. She could not prove this and was fined.
Sometimes this is sad but they don't look at that.
My wife does not do this, but if I buy a piece of gold in Thailand for my wife
I stay below the stated amount.
So if your wife likes to show off her wealth take pictures of this
for executing ;)
Yours faithfully,
Erwin
Two words, thirst and execute are misspelled.
Mobile with (big fingers).
Regards, Erwin
Dear Erwin, one more question. When did your friend's wife get that fine; when she left the Netherlands or when she returned to the Netherlands? Considering all the gold she was carrying, it must have cost a lot of money. By the way, just to clarify, it's not about showing off the gold jewelry but, as I mentioned before, it's meant to be 'saved' for later. Hgr. leo.
Dear Leo Th,
When returning from Thailand.
Of course it's an apple for the thirsty, my wife and all
other Thai women do.
The fine was around 1000€ approximately.
Because she couldn't exactly indicate that the gold had been exchanged
and had no receipt (which is also nothing and provides proof).
After two appeals, she was ultimately unsuccessful
but only had to pay the import costs, so the amount was about 400 €
Warehouse.
The amounts are fictitious.
So if you arrive at Schiphol and you come from Thailand with gold earrings,
rings, necklaces and bracelets plus the fact that you are not alone (gold;) stands out.
So make sure you take pictures because receipts are not a thing these days
proof more (receipts perish).
Yours faithfully,
Erwin
Dear Erwin, clear story, thank you and have a nice day.
A gold bar can be seen as an investment. Why don't you buy a piece of jewelry (necklace) and just wear it then it is not withholding information from customs. You have had this piece of jewelery for some time and it is not seen as an investment.
We have done this several times and never had any problems. You can only wear this from Thailand to the Netherlands.
Gold is seen through the customs scanner.
Seen as metal by scanner, not specifically as gold,
snallabolaget.com/how-to-read-an-airport-security-x-ray-image/
When I took my Thai girlfriend to the Netherlands, I bought her a gold bracelet worth 25.000 baht. In the Netherlands we were stopped, and they asked me if I had bought her the bracelet and her other gold. After my no, those are her personal belongings we were allowed to continue without any problems.
So take a Thai girlfriend to the Netherlands and let her do you gold.
Gold bar is regarded as monetary gold, and therefore no VAT, and therefore falls under the normal € 9999 regulation, so from € 10 declaration obligation
Jewelery gold is another matter.
But better buy 99% (also available in Thailand ), as the 96% Thai gold is more difficult to exchange in our countries , excuse will be costs to melt and refine ...
As I mentioned above, the requirement to import VAT-free is a purity level of at least 995/1000.
Do know that you can ask me for your receipt for the tax in Thailand at the airport.
You will be scanned at almost every airport these days. And then they find and see all the metals. I had forgotten a suitcase key twice, once it was in my pocket, once I forgot that I had left the key hanging around my neck. Both times an angry response from customs. If you want to try it with gold then I would say good luck. Success rate 2%
Dear Hans, the security check by means of a scan takes place upon departure from an airport and not upon arrival. This check is not done by customs officials, but by security staff. Of course they can call in the Marechaussee or Customs if they discover an unlawful act.