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What is the maximum foreign currency amount I can send to my child, who is studying abroad?

April 26, 2017child currency foreign maximum send studying abroad

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What is the maximum foreign currency amount I can send to my child, who is studying abroad?

1 Answer

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Up to 8,000 euros can be transferred monthly, for the purpose of family maintenance. Amounts above 8,000 euros can be transferred abroad for the purpose of a child’s education, by supplying evidence that the recipient is a family member living abroad (residence permit, working visa, student visa etc.) and that the sender and recipient are third cousins or closer relatives (birth certificate, marriage certificate etc).