How rich can a WL be?

[maguro]

1. One drives a $200,000 Mecedes sport car. I found that out because one day she gave me a lift home.

2. One owns 3 residential properties. She is in her late twenties.

3. One bought an established massage shop for $50,000 and became a mamasan.

4. One can afford to work only two days a week as her investments in tech stocks pay her good dividends.

Thanks to you all the generous punters. I feel incredibly poor among them.

[HiredGoon]

Refer to the above

So what do you call complaining about being banned from paying for sex? That’s some next level cuck shit.

[HiredGoon]

How would i know lol. I never complained about being banned from paying for sex.

Paying for sex is actually extremely dumb in all respects but that's just my opinion

I'm banging my head against the wall at this point...

[PJD]

I'd imagine it's fairly easy for a WL to earn the equivalent of the average person's lifetime salary during the 10ish years of their prime... The hard part would be to get that cash invested properly, but anyone who is smart would be living on a tax free portion and declaring the rest and investing it. Having a few hundred grand in dividend paying stocks and reinvesting from your early 20's while all your living expenses are covered is a recipe for being rich as fuck very quickly.

[holi_day]

99.99%of the onlyfan accounts makes no more than a couple hundreds of dollars per month.

Only a few WLs can really get rich through this line of work and it's short career.

[keebab]

Only a few WLs can really get rich through this line of work and it's short career.

Pretty much most of the WLs I know are terrible with money, blow most of what they make on handbags, ubereats and online shopping, and as a result have an overwhelming desire to re-acquaint themselves with my cock on a regular basis. Its the circle of life.

[Supersmashbros]

Some are already working full time jobs, and doing WL extra 2-3 nights a week, bring in additional $3k per week. Not all are smart with their money.

[holi_day]

Pretty much most of the WLs I know are terrible with money, blow most of what they make on handbags, ubereats and online shopping, and as a result have an overwhelming desire to re-acquaint themselves with my cock on a regular basis. Its the circle of life.

This is true. It's all depends on how they manage the money. I know J girls spend a lot in hostel, C girls spend on luxury branded stuff or gambling. They went broke as soon as they retired or even before that.

[stallionmachine123]

Some people delusional thinking seeing a person’s wealth is a result of their occupation.

I have mates who have inherited millions from parents and grand parents.

[ironmonk]

___________________

[ironmonk]

Some people delusional thinking seeing a person’s wealth is a result of their occupation.

I have mates who have inherited millions from parents and grand parents.

Do you know any working girls who inherited millions from parents and grand parents?

[NeonOasis763]

Do you know any working girls who inherited millions from parents and grand parents?

Yeah bro, Paris Hilton

[andrewv]

WL number 2 below is the smartest one. She knows her earning capacity decays with age and she is buying assets that go up in value over time.
Number 1 is the most stupid. Spending $200,000 on a depreciating asset like a sports car is very stupid.


1. One drives a $200,000 Mecedes sport car. I found that out because one day she gave me a lift home.

2. One owns 3 residential properties. She is in her late twenties.

3. One bought an established massage shop for $50,000 and became a mamasan.

4. One can afford to work only two days a week as her investments in tech stocks pay her good dividends.

Thanks to you all the generous punters. I feel incredibly poor among them.

[massageangel]

WL number 2 below is the smartest one. She knows her earning capacity decays with age and she is buying assets that go up in value over time.
Number 1 is the most stupid. Spending $200,000 on a depreciating asset like a sports car is very stupid.

You are assuming she bought it and not use any other financial 'TOOL' including special (customers) friends.

One Viet ML I know very well has from her special customers received significant cash gifts - 10,000 , 20,000, with one a psychologist 50,000 bitcoin/cash

Some customers say its a loan that somehow she converts to a no strings attached gift

Many will repeatedly 'help' her. Why when she is easily pulling in 300k + yearly cash then add in sponsorship, gifts and other

STUPID - is when an ML acquires a significant GAMBLING ADDICTION

Do not forget indirect income - GIFTS

UBER EATS/meals

Transport/airfares/UBER

Cars

Clothing

Jewellery

Handbags

Makeup./beauty treatments

Plastic Surgery

Medical/Vet Bills

ETC ETC

[andrewv]

You seem to have missed my point. Repeat: using income and gifts to purchase appreciating assets is smart, while buying or receiving depreciating assets is stupid.
Cars, clothing, handgags and so on do not go up in value, and please do not reply and say you have a Rolex in mint condition that has gone up in value.


You are assuming she bought it and not use any other financial 'TOOL' including special (customers) friends.

One Viet ML I know very well has from her special customers received significant cash gifts - 10,000 , 20,000, with one a psychologist 50,000 bitcoin/cash

Some customers say its a loan that somehow she converts to a no strings attached gift

Many will repeatedly 'help' her. Why when she is easily pulling in 300k + yearly cash then add in sponsorship, gifts and other

STUPID - is when an ML acquires a significant GAMBLING ADDICTION

Do not forget indirect income - GIFTS

UBER EATS/meals

Transport/airfares/UBER

Cars

Clothing

Jewellery

Handbags

Makeup./beauty treatments

Plastic Surgery

Medical/Vet Bills

ETC ETC

[Wank_Somemore]

There are smart and stupid people in all levels of wealth in every occupation. I do know one gambling addict who lost everything including a hefty inheritance. He was on a very good income too. Probably above 0.5% in Australia.

Then I know some Thai girls who have squirreled enough to buy their dream home in BKK and enough capital to start their own business in Thailand.

[massageangel]

You seem to have missed my point. Repeat: using income and gifts to purchase appreciating assets is smart, while buying or receiving depreciating assets is stupid.
Cars, clothing, handgags and so on do not go up in value, and please do not reply and say you have a Rolex in mint condition that has gone up in value.

REPEAT WHAT? I missed nothing.

Your point within a narrow set of terms can be argued as valid… you missed my point — “TOOL”.

And yes, cars, clothing, handbags and so on CAN and do go up in value — part of a cycle. Strangely, so does housing. Weird but true.

Or were you generalising, along with the inference, that any woman — more so an ML/WL — buying a sports car is some kind of financial bimbo?

If we’re talking STUPID financial choices, a gambling habit is about the most damaging thing you can acquire.

As for the other items I listed, those were GIFTS. Real value, and they should be added to her overall economic picture. If you want to be pedantic for comparison when talking about yearly income, add the tax she is not declaring back on top of the estimate too.

The gifts received , None of that makes the ML/WL a stupid financial decision-maker. She may only be guilty them of making a poor choice.

No, I do not have a Rolex… too crass.

I do have, amongst a few watches, my grandfather’s gold retirement watch. It is ugly AF, but worn with happiness.

The point of this thread was about income.

Not stupid versus smart investment choices.

[Jedimaster42]

Lisa from Silvania massage is really into her investments. She despises her line of work but she is shrewd with her money. I imagine most ML’s are likely sending money home or paying off mortgages in the motherland. Well, the smart ones anyway

[Hedonisticfun]

REPEAT WHAT? I missed nothing.

Your point within a narrow set of terms can be argued as valid… you missed my point — “TOOL”.

And yes, cars, clothing, handbags and so on CAN and do go up in value — part of a cycle. Strangely, so does housing. Weird but true.

Or were you generalising, along with the inference, that any woman — more so an ML/WL — buying a sports car is some kind of financial bimbo?

If we’re talking STUPID financial choices, a gambling habit is about the most damaging thing you can acquire.

As for the other items I listed, those were GIFTS. Real value, and they should be added to her overall economic picture. If you want to be pedantic for comparison when talking about yearly income, add the tax she is not declaring back on top of the estimate too.

The gifts received , None of that makes the ML/WL a stupid financial decision-maker. She may only be guilty them of making a poor choice.

No, I do not have a Rolex… too crass.

I do have, amongst a few watches, my grandfather’s gold retirement watch. It is ugly AF, but worn with happiness.

The point of this thread was about income.

Not stupid versus smart investment choices.

Well said Mass .. never underestimate a WL/ML of her financial savvy OR her intelligence and compassion .. as stated not all are bimbos (plus heartless and junkies) as presumed by some punters

[11Bravo]

Well said Mass .. never underestimate a WL/ML of her financial savvy OR her intelligence and compassion .. as stated not all are bimbos (plus heartless and junkies) as presumed by some punters

Agree with massageangel and Hedonisticfun. IME, the vast majority I've known are simply working to provide for their family - offspring, parents, siblings - and to provide for themselves "later on". No CentreLink, superannuation back home.

Yes, they might buy some designer products - gifts for family back home to show respect (and success), or to sell back home.

Just nice, decent people you're glad you've met. I've certainly asked myself if my life necessitated those choices, would I be so nice? Methinks not.

YMMV.

[Happy13]

With the money some of these massage ladies make, I often think I should open a shop to service Sydney’s older ladies and make a fortune.

Then reality hits and I realise nobody would come to the shop!:startle:

[holi_day]

There are many mature WLs barely make enough to get by in the western Sydney budget brothels.

[Sendmetheacti]

its probebly not as good as u think
a lot of these women are bad at money or life in general, no one born into the world going into this proffession its usually asians that have failed their coutnries brutal exams etc, and need a way out.
quick maffs:

WL at Ginza comes in for a year. $320 an hour, 50% venue fee that's $160 an hour. Maybe shes book 6 hours a day that's $960. 5 days a week? $4800? maybe around $230k a year best case.
Is she payin taxes? Probably. 155k annually. Holidays, sik days, and days where shes just not wanting to getting railed 6 hours a day? Shes down to maybe 130k.

Rent in the cbd? $600 a week shared with a friend? $900 a week alone? -36k on avg. 100k left.
Food, clothes? prolly down to 80k left.

Holidays around australia, loius vitton bags, daily bubba tea and dinner out? Probably down to 30-40k saved.

That might be a lot if shes from say Thailand, but to be real aussies living here are saving about that much and they're not even getting railed 6 hours a day for it. most of them ar working from home doing nothing.

Its basically just an average job that requires no qualifications to get slightly above average pay. Japan n Korea's eocnomy is in the shitter so to them it might be a lot, for chinese its alot for viets and thais its definitely a lot. But only back home.

If she's 'aussie rich' driving a 200k car around. She's living it up and burning out early. rented car. live it up. 0 savings. spend a couple of years in australia before moving back to japan and i dont know what happens to these people

[GoldfishMan]

its probebly not as good as u think
a lot of these women are bad at money or life in general, no one born into the world going into this proffession its usually asians that have failed their coutnries brutal exams etc, and need a way out.
quick maffs:

WL at Ginza comes in for a year. $320 an hour, 50% venue fee that's $160 an hour. Maybe shes book 6 hours a day that's $960. 5 days a week? $4800? maybe around $230k a year best case.
Is she payin taxes? Probably. 155k annually. Holidays, sik days, and days where shes just not wanting to getting railed 6 hours a day? Shes down to maybe 130k.

Rent in the cbd? $600 a week shared with a friend? $900 a week alone? -36k on avg. 100k left.
Food, clothes? prolly down to 80k left.

Holidays around australia, loius vitton bags, daily bubba tea and dinner out? Probably down to 30-40k saved.

That might be a lot if shes from say Thailand, but to be real aussies living here are saving about that much and they're not even getting railed 6 hours a day for it. most of them ar working from home doing nothing.

Its basically just an average job that requires no qualifications to get slightly above average pay. Japan n Korea's eocnomy is in the shitter so to them it might be a lot, for chinese its alot for viets and thais its definitely a lot. But only back home.

If she's 'aussie rich' driving a 200k car around. She's living it up and burning out early.

Bro, I can smell your tall-poppy syndrome from my tablet. Your math and even your rationale, none of them hold any water. Even if the lady goes astray as you clearly wish and blows all her cash, she would've lived a life far more enriched than the average worker that you somehow managed to compare her to. Where did that part of the rationale go?

[justincase]

I’m currently watching one who has failed on properties and now has a business venture. I already know how that’s going to pan out but she’s done it for a particular reason as she has a kind heart but “other people” need to support themselves. How long she endures before she shuts it down depends on her finances but she’s always slow on pulling the trigger. Given the fact I’ve made decisions for her previously I know how she operates so this time it’ll be her own choosing.

[justincase]

There are many mature WLs barely make enough to get by in the western Sydney budget brothels.

They need to individually market themselves online and not wait for customers to walk in.

[Sendmetheacti]

i spoke to a few of them at ginza, in between shots usually i like to cuddle and ask them what their plans are etc.
stuff i hear from there is not the stuff of "im rich!"

look im not harbouring any ill will, i hope they succeed, i truely do and im sure some of the private ones thatve found a niche do make absolute bonkers bank. But the standard WL working at a brothel isnt living some lavish life.
is she doing better than the construction wworkers that visit her? possibly.

but it isn't 200k merc tier its just comfortable living level... and thats putting aside havin to suck 6 different raw dicks a day

[Sinkie]

Sendmetheacti is right. It’s not that much compared to us. Just because they don’t pay tax, and they’ll convert the dollars into whatever shit currency they have back home. So yes, it’s a ton for them, not for us though.

[tcrawford]

I know a massage girl who is early 40s, you guys think she is late 20s/early 30s in her reviews. How you guys can't tell by her face is beyond me, but she has a decent body. This girl has an old boyfriend giving her $3k a week for the last 10 years! He doesn't know she does this work, although they met in the shops he thinks she now is working a normal job. She is popular so she is probably making more doing massage than her allowance.

She got caught cheating on her bf once and he took her back, simp probably apologised to her for catching her lol. She is now also looking for 1 more Sugar daddy!

[GoldfishMan]

i spoke to a few of them at ginza, in between shots usually i like to cuddle and ask them what their plans are etc.
stuff i hear from there is not the stuff of "im rich!"

look im not harbouring any ill will, i hope they succeed, i truely do and im sure some of the private ones thatve found a niche do make absolute bonkers bank. But the standard WL working at a brothel isnt living some lavish life.
is she doing better than the construction wworkers that visit her? possibly.

but it isn't 200k merc tier its just comfortable living level... and thats putting aside havin to suck 6 different raw dicks a day

Bro, for one thing, this thread is titled “how rich CAN a WL be?”. It’s clearly about maxxing. Yet you want to focus on an average WL doing average hours. That’s like asking “how rich can an entrepreneur be?” and choosing not to talk about Elon Musk.

Now let’s talk about your numbers. Shop fee is not 50%, I’ve got no idea where you got that number from. It’s closer to $100 for the hour and it’s a flat fee. Next, the rent. These girls live in shared accommodation almost exclusively. I’ve certainly not met any that rented their own apartment alone.

Clothes? The only branded clothes they wear would’ve been bought for them by simping wannabe BFs. Other times, they buy it from drop shippers cheaper than we know how to get them because they come from those countries that supply the cheap clothes.

I reckon most of them do not pay tax but I’ll leave it at this. I’m surprised you actually expect them to do it, like it’s a normal thing lolll

Even if we go by what you said and she ends up saving “only” 30-40k. Bruh… do you really think most Aussie workers save that much in a year?

[Abs90]

its probebly not as good as u think
a lot of these women are bad at money or life in general, no one born into the world going into this proffession its usually asians that have failed their coutnries brutal exams etc, and need a way out.
quick maffs:

WL at Ginza comes in for a year. $320 an hour, 50% venue fee that's $160 an hour. Maybe shes book 6 hours a day that's $960. 5 days a week? $4800? maybe around $230k a year best case.
Is she payin taxes? Probably. 155k annually. Holidays, sik days, and days where shes just not wanting to getting railed 6 hours a day? Shes down to maybe 130k.

Rent in the cbd? $600 a week shared with a friend? $900 a week alone? -36k on avg. 100k left.
Food, clothes? prolly down to 80k left.

Holidays around australia, loius vitton bags, daily bubba tea and dinner out? Probably down to 30-40k saved.

That might be a lot if shes from say Thailand, but to be real aussies living here are saving about that much and they're not even getting railed 6 hours a day for it. most of them ar working from home doing nothing.

Its basically just an average job that requires no qualifications to get slightly above average pay. Japan n Korea's eocnomy is in the shitter so to them it might be a lot, for chinese its alot for viets and thais its definitely a lot. But only back home.

If she's 'aussie rich' driving a 200k car around. She's living it up and burning out early. rented car. live it up. 0 savings. spend a couple of years in australia before moving back to japan and i dont know what happens to these people

Not sure where you are getting these numbers from. The Japanese girls I had working at Pitt Street were getting paid $1800-$2200 a day so surely Ginza girls are doing better than that. Plus with any extras they charge in the room is more money. Rent should be Zero dollars if they stay in shop otherwise dorm stay usually $150/$200 a week. Bubble tea usually paid for by customer or shop and for food these girls only really eat one meal a day. Clothes are from Shein and the designer stuff is usually just a couple peices the rest is clones or paid for by the rich client as gifts. If they go on holidays some of them still work, sometimes the trip is paid for by the rich client as a gift. The only real time they have off that are major expenses is for cosmetic surgery but even then thats cheap in korea. Some girls are very smart and well set up for the future the other half maybe not so much, all this time and effort just to pass everything you earned to your fake host bf.

[HiredGoon]

I’m currently watching one

From the bushes?

[massageangel]

If an ml/wl is making on average 200k aud undeclared yearly,

that is the equivalent of earning approx 350k a year tax medicare and super included


That puts her in the top 2% of income earners

Then factor gifts, sponsorship, tips, some regularly get - my EXAMPLE of the Viet ML one year alone was given a minimum of 80k by 3 special friends and a car at 50% its actual value

This ML is clearing more than 300k ( not including gifts) yearly . With 120k declared income - about to buy second property, 1st property almost paid off . Owns /bought property for family in Vn and currently funding total rebuild of family home


So unless they have serious addictions/issues , they are doing very well

[Rrayjin]

Not sure where you are getting these numbers from. The Japanese girls I had working at Pitt Street were getting paid $1800-$2200 a day so surely Ginza girls are doing better than that. Plus with any extras they charge in the room is more money. Rent should be Zero dollars if they stay in shop otherwise dorm stay usually $150/$200 a week. Bubble tea usually paid for by customer or shop and for food these girls only really eat one meal a day. Clothes are from Shein and the designer stuff is usually just a couple peices the rest is clones or paid for by the rich client as gifts. If they go on holidays some of them still work, sometimes the trip is paid for by the rich client as a gift. The only real time they have off that are major expenses is for cosmetic surgery but even then thats cheap in korea. Some girls are very smart and well set up for the future the other half maybe not so much, all this time and effort just to pass everything you earned to your fake host bf.

Agree with this. The ones I talked to were making around 40k per month in Ginza (after com) and nothing was declared. They wouldn't come all the way to Australia unless the pay was very interesting. Even so Japan salaries are low, you can still get good money when you work in the sex industry locally.

[Happy13]

If an ml/wl is making on average 200k aud undeclared yearly,

that is the equivalent of earning approx 350k a year tax medicare and super included


That puts her in the top 2% of income earners

Then factor gifts, sponsorship, tips, some regularly get - my EXAMPLE of the Viet ML one year alone was given a minimum of 80k by 3 special friends and a car at 50% its actual value

This ML is clearing more than 300k ( not including gifts) yearly . With 120k declared income - about to buy second property, 1st property almost paid off . Owns /bought property for family in Vn and currently funding total rebuild of family home


So unless they have serious addictions/issues , they are doing very well

Massage ladies who are popular and working in a busy shop can certainly earn this. I know who your example is and she is a workaholic. I’m not sure many people could work as hard as she does.

Other girls who are in quieter shops would be happy with 3 or 4 customers a day and certainly wouldn’t be as well off as your example.

The potential is definitely there to earn a fortune for the right lady in the right place.

[GoldfishMan]

Agree with this. The ones I talked to were making around 40k per month in Ginza (after com) and nothing was declared. They wouldn't come all the way to Australia unless the pay was very interesting. Even so Japan salaries are low, you can still get good money when you work in the sex industry locally.
Yes salaries in Japan are hideously low. Incredible considering how developed they are.
Those numbers you mentioned are inline with the employment page on the GC website.

[Hedonisticfun]

With the money some of these massage ladies make, I often think I should open a shop to service Sydney’s older ladies and make a fortune.

Then reality hits and I realise nobody would come to the shop!:startle:

Was asked some years ago by a WL to join the industry as I'd definitely have some business but the thought of doing some women I've seen in supermarkets and shops would put me right off let alone DATY .
High libido as I have , I can only perform with someone who has high hygiene at least and I'm my opinion reasonable looks though bodies have varied from thin , short to carrying a small spare

[Happy13]

Was asked some years ago by a WL to join the industry as I'd definitely have some business but the thought of doing some women I've seen in supermarkets and shops would put me right off let alone DATY .
High libido as I have , I can only perform with someone who has high hygiene at least and I'm my opinion reasonable looks though bodies have varied from thin , short to carrying a small spare

You are right. While I can find something beautiful in most women, a customer with poor hygiene would absolutely be abproblem for me.

[ColesBag]

Pretty much most of the WLs I know are terrible with money, blow most of what they make on handbags, ubereats and online shopping, and as a result have an overwhelming desire to re-acquaint themselves with my cock on a regular basis. Its the circle of life.

Plus they gamble alot. Also remember alot of financial services discriminate against those in the sex industry. The smart ones haves sex industry friendly accountants and invest their money in property.

[personaa]

If they manage to save and invest then good on them. I understand the curiosity but they are making good money in return of something which is way more precious and that is their well-being and mental health. I am not suggesting that all would experience uncomfortable episodes in their lives but I think this profession is quite taxing on them. Tbh, I don't care about their bank accounts ( and some may say then why post this, a fair argument!) but each to their own. It is not an easy job.

[phamily]

I know a recently retired ML made do with about half a mil in the bank (could be more in stocks) after less than 3 years in the game. She’s still very young so has set herself up very nicely

[priapus1966]

1.
4. One can afford to work only two days a week as her investments in tech stocks pay her good dividends.
.

The very established tech stocks may pay dividends but the vast majority do not.

[Herewegoagain]

My reglar thai milf fuck bin horin 4 twenty years n now chargws 150 the half, 250 the hour. Busy week she tole me c⁶an bangen 40 guys. In tge past 10 years ago she was doinf sex paeties n gangbanging sessions for 400$ an hour.
My guess is she doing furr

[KakeyA]

The very established tech stocks may pay dividends but the vast majority do not.

Nah, the tech stocks, for the most part are a gamble, you put your money in on the hope that they go up. If they start going up, they need more cash, so they raise more money, dilute your EPS, and put the money into more future development so you are never going to get a dividend, and the money is only on the capital gains. God knows how that will go after 30JUN 2027 as Albo and Jim will be taking a far greater share of what you get. If you want dividends than banks, miners, telstra etc are a far better bet. In fact, the dividend pay outs are going up to attract capital as if they are only paying 5% you can get that by putting funds into a bank (let's leave the franking part out of the case for a bit)

I have about $900K in shares at the moment and I get paid about $55k so that is like about a 6% return, but then as that is legit money, you need to pay tax on that (I am ignoring franking credits). Who's comfortable enough to work only 2 days a week with $55k a year less tax? I mean half of that would be gone on rent and living costs alone.

Either way, my question on her having $500k in shares is I find it hard to believe that as most girls are working in shops, that they are declaring more than the hourly rates that they are being paid by the shop as legit income on their tax return. Meaning all the money she is paid for as "extras" is cash.

If she buys a car in cash from a dealer they need to report all cash transactions of $9,999 to AUSTRAC
If she puts more than $9,999 into her bank account at once, they too report her to AUSTRAC
If she puts funds regularly into her account, the bank may report her to AUSTRAC

How does she then get $500k into her account, transferred to her chosen platform and purchased. I mean I have a large portfolio and that has taken me years to build up so I would assume it would have taken her a few years to get that all set up as it is not like you can purchase the stocks all at the same time, dollar cost averaging etc.

My point is that to avoid suspicion cash needs to be moved slowly and regularly and takes a lot of thought. She is probably in the position where she has more cash coming in than she has the capacity to move into bank accounts.

Now on an the Japanese working ladies, I talk to the ones I see and they all tend to save their cash as they are working so much, and they are coming here to work so no play time, and they don't spend. They save their money as cash, and some put it into their Australian bank accounts in small amounts $800 or so at a time, and then transfer to wise where they transfer to JPY and bank to their own JPY account in Japan. The rest, they save and put in their suitcase and take back as undeclared cash to japan in their check in luggage.

Most of the time, they are staying at dormitories with other girls so they share rooms and look out for each other. I talk to one girl (ML) and in the 6 months I have known here she has been to Bali once, Japan 3 times and she takes back $20K a time and wants to open her own waxing salon in Saitama Japan once she finishes.

I have talked to another one about business and for a 27 year old she sure knows a lot of stuff and could easily hold her own in a conversation with me.

Sure, there are others, who probably spend it as soon as they get back, but for some, it can really set them up for life.

[GoldfishMan]

You mean their carry-on luggage right? Who in their right mind would put cash, especially lots of it, in check-in luggage? That's like the worst thing anyone can do.

[cumquat]

Who in their right mind would carry $20k in their carry-on? Yes, doable and feasible, but increasingly risky. Wearing jewellery is a bit different and generally easier to explain.

There are still plenty of informal cash transfer networks between Australia and destination countries, and they work both ways.

[priapus1966]

Who in their right mind would carry $20k in their carry-on? Yes, doable and feasible, but increasingly risky. Wearing jewellery is a bit different and generally easier to explain.

There are still plenty of informal cash transfer networks between Australia and destination countries, and they work both ways.

An individual can carry any amount of cash into Japan, but if it is more than USD 6,700, about 10,000 AUD, it has to be declared to customs/Tax authorities. There are alternative legitimate methods of transferring cash, either directly or through a third party
.

[jackdaniels]

Ada who formerly was a ML is just about to open her fourth massage shop next week.

[KakeyA]

An individual can carry any amount of cash into Japan, but if it is more than USD 6,700, about 10,000 AUD, it has to be declared to customs/Tax authorities. There are alternative legitimate methods of transferring cash, either directly or through a third party
.

And how does a WL happen to put upward of $50k of undeclared and non tax paid cash into bank accounts to transfer it overseas? That is the crux of the problem?

[cumquat]

An individual can carry any amount of cash into Japan, but if it is more than USD 6,700, about 10,000 AUD, it has to be declared to customs/Tax authorities. There are alternative legitimate methods of transferring cash, either directly or through a third party
.

Legitimate means .. implies visibility.. there are less legitimate and straightforward means to transfer large even 6 zero sums in/out of country.. zero visibility - works like FLOO POWDER

What you do in country less straightforward if the amounts are regular and large to very large.

AND risky AF to take undeclared 10k AUD or more out of or into a country .. YES unlimited declared amounts can be carried - however defeats the cash incentive

Get caught and can be MAX penalty of 2 yrs and $182,000

So yes risky AF to regularly take 20k in your carry on

[GoldfishMan]

And how does a WL happen to put upward of $50k of undeclared and non tax paid cash into bank accounts to transfer it overseas? That is the crux of the problem?

Where there’s a will there’s a way. Crypto is one way they can do it but they’d have to buy it off-exchange using cash which is going to be high risk.

Another way is using illegal money transfer “agencies”. The agency would have cash on both sides of the transfer. The person transferring the cash would deposit their $50k cash here with the agency. At the same time the person’s friend or family can withdraw $50k less the agency fee in Japan.

EDIT:
Forgot to mention the oldest trick in the book. They just hit the pokies. Load up a machine with cash, slap a few times, then cash out. Now you have a legit cheque or transfer from a gaming operator for your “winnings”.

[cumquat]

Another way is using illegal money transfer “agencies”. The agency would have cash on both sides of the transfer. The person transferring the cash would deposit their $50k cash here with the agency. At the same time the person’s friend or family can withdraw $50k less the agency fee in Japan.”.

Chinese call it fei chien “flying money"

Vietnamese call itchuyển tiền tay ba

[11Bravo]

Chinese call it fei chien “flying money"

Vietnamese call itchuyển tiền tay ba

In the big Sandboxes, it's known as Hawala, age old.

https://en.wikipedia.org/wiki/Hawala

[cumquat]

In the big Sandboxes, it's known as Hawala, age old.

https://en.wikipedia.org/wiki/Hawala

Informal value transfer system IVTS

Not all that operate within the HAWALA classification unnecessarily illegal all or even some of the time - local licensing determines

[GoldfishMan]

In the big Sandboxes, it's known as Hawala, age old.

https://en.wikipedia.org/wiki/Hawala

Yes this is it. I didn't know it had a name, I just had an acquaintance who made a fortune running this scheme to help rich mainland Chinese move their money out of China. Made millions out of it.