Employees of the Auezhai-Aktau customs post of the Department of State Revenue for the Mangystau region, during joint customs control with the National Security Committee of the Republic of Kazakhstan of the Aktau–Tbilisi international flight at Aktau International Airport, passenger K. found cash in the amount of 28,100 US dollars. At the same time, during customs clearance, prior to the identification of undeclared funds, the citizen verbally stated that there was no need to declare foreign currency in cash.

The Specialized Court for Administrative Offences of Aktau city, Mangystau region, decided to find K. guilty of committing an administrative offence under part 3 of Article 551 of the Code of Administrative Offences of the Republic of Kazakhstan and impose an administrative penalty on him in the form of an administrative fine in the amount of 2,276,753.75 tenge. Funds in the amount of USD 18,100 should be confiscated for state revenue. The funds in the amount of 10,000 US dollars after the entry into force of the decree should be returned to the owner, citizen K.

During the customs control of passengers of the Aktau – Kutaisi flight at Aktau International Airport, a passenger of a citizen of the Republic of Kazakhstan, born in 1991, found hidden funds in the amount of 12,500 US dollars. The administrative material on this fact has been sent to the court.            

What is important to know when exporting foreign currency from the Republic of Kazakhstan?

The Department of State Revenue for the Mangystau region informs that according to subparagraph 7) of paragraph 1 of Article 343 of the Code "On Customs Regulation in the Republic of Kazakhstan", cash and traveler's checks are subject to customs declaration if the total amount of such cash and traveler's checks is upon their one-time import into the customs territory of the EAEU or one-time export from the customs territory of the EAEU. The territory of the EAEU exceeds the amount equivalent to ten thousand US dollars at the exchange rate effective on the day of submission of the passenger customs declaration to the customs authority.

However, in order to protect the national interests of the country and ensure financial stability, Decree of the President of the Republic of Kazakhstan dated March 14, 2022 No. 830 is currently in force, which prohibits the export of foreign currency in cash and (or) monetary instruments in foreign currency in an amount exceeding the equivalent of 10,000 (ten thousand) US dollars and calculated at the exchange rate of the National Bank. RK, established on the date of export.

At the same time, in accordance with the Decision of the Board of the Eurasian Economic Commission dated July 23, 2019 No. 124 "On the customs declaration of goods for personal use", information about goods for personal use of individuals under the age of 16 is indicated together with information about goods for personal use of the person accompanying these persons in one passenger customs declaration.

Thus, it is allowed to transfer foreign currency in cash for each family member, not exceeding the equivalent of 10,000 (ten thousand) US dollars.

(unofficial translation)

Source : https://www.gov.kz/memleket/entities/kgd-mangistau/press/news/details/1078517?lang=kk