"For gifts or bequests from a nonresident alien or foreign estate, you are required to report the receipt of such gifts or bequests only if the aggregate amount received from that nonresident alien or foreign estate exceeds $100,000 during the taxable year. If the gifts or bequests exceed $100,000, you must separately identify each gift in excess of $5,000." Please consult a tax professsional.
Well, get a Ying Liang card, and bring it to USA then use this card to purchase everything. However, when you transfer a lump sum amount, you must pay tax. So it might not be a worst case.
"In general, a foreign gift or bequest is any amount received from a person other than a U.S. person (a foreign person) that the recipient treats as a gift or bequest and excludes from gross income". The amount may be subjected to reportable requirements.
