Bringing Gold from Germany to the UK

Bringing Gold from Germany to the UK

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Discussion

Venisonpie

Original Poster:

4,066 posts

97 months

Friday 2nd May
quotequote all
Looking for any pointers on what's required to bring personal issue Gold from Germany into the UK. A friend (UK citizen but also a German passport holder) has inherited circa £100k of gold in 50gm bars and coins from her father. She is a UK resident and wants to bring the Gold from the deposit box it currently resides in - are there any declarations or any legislation she needs to be aware of?

egomeister

7,175 posts

278 months

Friday 2nd May
quotequote all
More than 10k worth should be declared, but I don't think there is anything to pay. Probably worth having documentation that backs up ownership/source as they will be concerned about money laundering. There is probably some guidance on the HMRC site in the same pages as bringing cash into the country.

Mr Overheads

2,526 posts

191 months

Friday 2nd May
quotequote all
Sell the gold in Germany, buy equivalent gold in the UK. No transport issues.

mac96

5,085 posts

158 months

Friday 2nd May
quotequote all
Melt it down and mould it into Rolls Royce components? Then melt again at destination.

Gargamel

15,503 posts

276 months

Friday 2nd May
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Any one of these would be suitable.

Collectingbrass

2,514 posts

210 months

Friday 2nd May
quotequote all
Venisonpie said:
Looking for any pointers on what's required to bring personal issue Gold from Germany into the UK. A friend (UK citizen but also a German passport holder) has inherited circa £100k of gold in 50gm bars and coins from her father. She is a UK resident and wants to bring the Gold from the deposit box it currently resides in - are there any declarations or any legislation she needs to be aware of?
As this is PH surely the answer is to have the gold melted down and formed into a 1937 Rolls-Royce Phantom III Sedanca de Ville then driven sedately across several borders while tracked by a DB5, or is that for England to Germany?

(sorry, but I thought this would help your post get some attention from those who do know :-) )