I have been working off the books in China for the past two years, and I have roughly $100K in RMB saved up in classic "mattress bank" style.
I want to bring it back home, but I want to avoid paying taxes on it. It's illegal to travel with more than €10,000 in cash for exactly this reason. I also want to pay off a relative's mortgage, so I need a way to make it appear to have been taxed.
The RMB's going up, so I suppose the sensible thing would be to sit on it for another year, but I have specific plans for this money, so I won't be waiting that long.
Any ideas? I'll probably pick up a few eye wateringly expensive watches and antiques in Hong Kong just to spread out my risks a bit, but I mainly want to stay liquid.
Bit coin fucking retard
>>1728781
I'm considering putting in a thousand or two just as an experiment, but that doesn't solve the mortgage question.
Bump, I thought /biz/ consisted entirely of digital nomads and people who sell weed, i.e. experts on benign money laundering
>>1730096
You already got your answer, literally just bitcoin
>>1728755
If Bitcoin is too risky (it is comparatively very high right now, and not very stable.) check out Tether. It's very stable.
>>1730103
>not gonna happen.
Money. Laundering. Laundered money does not drop out of the sky. Someone launders it, and does not wait for it to happen.
I'm willing to lose about 10%, which is inevitable given the tricks money-changers pull; how do I lose it in such a way that I'm left with clean money?
>>1730096
Nope, we all all legitimate business professionals (at least I am).