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arif
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i want to transfer around $130,000 from Pakistan to Turkey to invest in to real estate.. The money is earned in Pakistan and tax paid on it. My bank told me that you cannot transfer this much money from your Personal Bank account in Pakistan to your Personal Bank account in Turkey. Bank advice me that your brother or father should open Dollar account and then transfer you the money. I am afraid they are not tax payer in Pakistan. I am looking for some professional advice/solution on this matter.

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IF THIS MUCH SUM IS TAX PAID & DECLARED IN YOUR STATEMENT OF ASSETS AND LIABILITIES, YOU NEED TO OPEN A FCY [USD] ACCOUNT IN LOCAL BANK, PUT THE FUNDS IN ACCOUNT PROPORTIONATELY & INFORM THE BANKER THAT YOU NEED TO TRANSFER THE MONEY ABROAD BECAUSE YOUR BANKER IS THE PERSON WHO MAY REPORT TRANSACTION AS SUSPICIOUS TO AML, FIA OR STATE BANK. IT IS ADVISABLE TO TRANSFER THE MONEY PROPORTIONATELY BECAUSE FROM JULY 2018 THERE IS A CAP SORT OF FOR FOREIGN TRANSACTIONS. HOPE THIS HELPS.