There is no tax on gold coins, medals or ingots, but these items must be declared to a Customs and Border Protection (CBP) official. In general, the easiest bullion products to transport internationally are the 24,000 government-issued gold coins with nominal legal tender values. Many governments (Canada and Singapore, for example) impose taxes on 22,000 gold coins, so if you're thinking about moving your gold bars overseas, I suggest you stay away from 22,000 Gold Eagle and Gold Krugerrand coins. Shipping small items, such as gold coins, or larger items, such as gold ingots, will determine the type of shipping container you will need, as well as how much shipping could cost.
If you're looking for a secure way to store your gold investments, consider a Gold IRA home storage option. When traveling with gold coins or ingots abroad, be sure to contact the nearest office in the U. Whether you store your gold at home, in a bank safe, or at an external storage company, you'll need to find a way to safely ship those items when you want to move or sell them.
