Thread: Receiving a cash gift in a foreign country: tax concern?
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Old 04-23-2013, 09:19 PM   #4
Phanuthier
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Quote:
Originally Posted by PsYcNeT View Post
Less than $10,000.
Pretty sure thats fine. Make sure the mortgage bank is ok with a sudden injection of cash though. I live in the USA so laws are different, but my mortgage broker didnīt like to see large injections of cash when I was looking to get approved for my mortgage. Check with the mortgage broker before you use that for a down payment.
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