{"id":334266,"date":"2024-12-17T11:23:24","date_gmt":"2024-12-17T15:23:24","guid":{"rendered":"https:\/\/dominicanewsonline.com\/news\/?p=334266"},"modified":"2024-12-17T11:23:24","modified_gmt":"2024-12-17T15:23:24","slug":"visitors-to-island-now-permitted-increased-undeclared-cash-limit-upon-arrival","status":"publish","type":"post","link":"https:\/\/dominicanewsonline.com\/news\/homepage\/homepage-carousel\/visitors-to-island-now-permitted-increased-undeclared-cash-limit-upon-arrival\/","title":{"rendered":"Visitors to island now permitted increased undeclared cash limit upon arrival"},"content":{"rendered":"<figure id=\"attachment_334267\" aria-describedby=\"caption-attachment-334267\" style=\"width: 640px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-large wp-image-334267\" src=\"https:\/\/dominicanewsonline.com\/news\/wp-content\/uploads\/2024\/12\/Rayburn-Blackmoore-addressing-Parliament--642x363.jpg\" alt=\"\" width=\"640\" height=\"362\" \/><figcaption id=\"caption-attachment-334267\" class=\"wp-caption-text\">Rayburn Blackmoore addressing Parliament<\/figcaption><\/figure>\n<p>Travelers to Dominica are now allowed to have up to US$10,000 in their possession without having to declare that amount. The information was disclosed by\u00a0Minister for National Security and Legal Affairs\u00a0Rayburn Blackmoore during the\u00a0Second Meeting of the Second Session of the Eleventh Parliament of Dominica\u00a0held on Monday.<\/p>\n<p>Previously travelers to Dominica were required to declare money amounting to EC$10,000.<\/p>\n<p>\u201cAnyone who transports or attempt to transport cash in and out of Dominica exceeding 10,000 dollars or in any other amount prescribed under the regulation made under the this Act shall report the fact to the Financial Intelligence Unit, the FIU, at the prescribed time and in the prescribed manner,\u201d he said. \u201cThe amount of 10,000 dollars Eastern Caribbean currency places Dominica way below the threshold recommended by the Organisation for Economic Cooperation and Development [OECD] and the financial action task force and can lead to tremendous frustration for legitimate business people who travel on a regular basis in and out of Dominica.\u201d<\/p>\n<p>Blackmoore explained that it is important to note how all of these elements, when examined carefully, can affect the ease of doing business in Dominica and can negatively influence Dominicans doing Business Score, which is a global rating that can determine investors&#8217; interest in Dominica.<\/p>\n<p>He further highlighted that this amendment of section 28:1 of the Money Laundering Prevention Act shall come into effect by simply placing United States (US) currency before the word ten thousand dollars.<\/p>\n<p>\u201cThis Mr. Speaker will bring Dominica to the international standards as indicated by the OECD and the Financial Action Task Force,\u201d Blackmoore noted. \u201cIt is also important to note Mr. Speaker that all our regional partners are away above that threshold.\u201d<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"Travelers to Dominica are now allowed to have up to US$10,000 in their possession without having to declare that amount. The information was disclosed by\u00a0Minister for National Security and Legal Affairs\u00a0Rayburn Blackmoore during the\u00a0Second Meeting of the Second Session of&#8230;","protected":false},"author":13,"featured_media":334267,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_cbd_carousel_blocks":"[]","footnotes":""},"categories":[235,9,20],"tags":[],"class_list":["post-334266","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-homepage-carousel","category-news","category-tourism-publicity"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Visitors to island now permitted increased undeclared cash limit upon arrival - Dominica News Online<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/dominicanewsonline.com\/news\/homepage\/homepage-carousel\/visitors-to-island-now-permitted-increased-undeclared-cash-limit-upon-arrival\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Visitors to island now permitted increased undeclared cash limit upon arrival - Dominica News Online\" \/>\n<meta property=\"og:description\" content=\"Travelers to Dominica are now allowed to have up to US$10,000 in their possession without having to declare that amount. 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