Federal law allows people to take unlimited amounts of money out of the country, but it requires a person to declare amounts larger than $10,000. Failure to do that is punishable by up to five years in prison, a $250,000 fine or both.
If the non-declaration is in connection with another crime, such as drug smuggling or money laundering, or if the person has failed to declare more than $100,000 over one year, it can be punishable by up to 10 years in prison, a $250,000 fine or both.
