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Mozambican Citizens with Financial, Property Assets Abroad Must Declare Them to The Central Bank

Mozambican Citizens with Financial, Property Assets Abroad Must Declare Them to The Central Bank

National citizens must declare certain financial and property assets they own abroad.

The following assets are subject to declaration; real estate and personal property subject to registration of ownership; values and rights whose total amount is equal to or greater than the equivalent of US$250,000.

The declaration must be submitted directly to the Bank of Mozambique, either by physical delivery, by mail, or via email: declaracaodeactivos@bancomoc.mz.

The first declaration must be made within 30 days of the acquisition, generation, or holding of the asset; annual declarations must be submitted by March 31 of each calendar year.

Source: Domingo

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