How much can you carry and bring?
If you are going to Cuba in 2024, it is important that you know the rules that govern the entry and exit of money from the country.
In this post, we will explain to you what limitations and requirements you must meet to avoid inconveniences with customs. We will rely on official sources from the Central Bank of Cuba (BCC) and the General Customs of the Republic of Cuba.
BCC Resolution No. 124/2020 regulates the import and export of freely convertible currency (MLC) by natural persons. According to this rule, you may enter Cuba with any amount in cash, checks, bills of exchange, promissory notes or other payment instruments or credit instruments used in international trade.
although, There is a limit of five thousand US dollars (5000 USD). or its equivalent in other MLC for non-cash payment instruments. If you are carrying more than that amount, you must declare it to customs when you arrive in Cuba.
In it form which you must fill out and hand in when entering the country, there is a section where you must indicate the total amount you brought with you when it is more than five thousand MLC.
The same Resolution Establishes that you can leave Cuba in 5 thousand US dollars (5,000 USD) or another MLC equivalent without the need for authorization. For higher amounts, you must request permission from the President of the Central Bank of Cuba.
Importing and exporting currency to Cuba
It is important that you know that, despite these legal limitations, if the Cuban customs authorities discover that there are people who frequently import or export currency, “it gives rise to the suspicion that this is an improper movement of capital that is a flow of tourists. Not related to.”, this may ask the passenger for additional information about the origin or destination of the funds.
Import of Cuban pesos
Another relevant regulation on the importation of money into Cuba is Resolution 79/2022, which regulates the export and import of Cuban pesos by natural persons.
In this regard, He was authorized to export and import an amount not exceeding five thousand Cuban pesos upon leaving and entering Cuba.. The figure was an increase compared to the amount previously sanctioned: just 2,000.
Recently, there was the case of a Cuban woman who traveled between Cuba and the United States 45 times in less than a year, and was detained in Tampa. For concealing more than $100,000 Cash in has generated a lot of discussion on social networks. Many question how the Cuban authorities could not find him.