gb2901 said:
Friends, After a long wait and lots of obstacles, I finally received my visa. I am thankful to all of you for your support and guidance all along and best wishes to everyone for their visa.
I am thinking to land in Canada in 2 months. I have few queries and needed your suggestions:
1. Is it worth to attend some kind of seminar/conference on basic things to know before landing in Canada? If so, is there any such program conducted by CIC(or similar) for free? If not, Is there any such paid program?
2. Is it possible to open a Canadian bank account from India? Also, which is a good Canadian bank to open account in?
3. What is the upper limit for the money(in cash) that we can carry with us to Canada? Is there any limitation on the Indian or Canadian custom's side? Also any limitation on carrying Traveller's cheque?
4. What is the best way to transfer money to the Canadian bank in least transfer fee? Any upper limit on that?
Thanks so much!!!
Hi Pal, Congratulations... Replies to your queries are as below...
1. Is it worth to attend some kind of seminar/conference on basic things to know before landing in Canada? If so, is there any such program conducted by CIC(or similar) for free? If not, Is there any such paid program?
CIIP, funded by CIC, is a very good program to attend before going to Canada. Its free of cost. you can register yourself at https://register.newcomersuccess.ca/
2. Is it possible to open a Canadian bank account from India? Also, which is a good Canadian bank to open account in?
Check out ICICI bank's New Canadian NRI account information at http://www.icicibank.com/nri-banking/money_transfer/canada/overview_money_transfer_Can.page
3. What is the upper limit for the money(in cash) that we can carry with us to Canada? Is there any limitation on the Indian or Canadian custom's side? Also any limitation on carrying Traveller's cheque?
You can carry a total amount of 10000 CAD with you. Above that you will have to declare it to customs. Apart from that, you can have as much money as you want in your bank account. There is no limit to that. If you have spare money you would like to take to canada, open an account in ICICI and deposit the money in that account and show it as POF upon landing...
Quoting CIC's website http://www.cic.gc.ca/english/immigrate/skilled/funds.asp
"Bring as much money as you can to make moving and finding a home in Canada easier. Note, however, that Canadian customs regulations require you to declare if you are bringing more than C$10,000 into Canada. If you do not tell them, you may be fined or put in prison. These funds could be in the form of:
•cash
•documents that show property or capital payable to you (such as stocks, bonds, debentures, treasury bills, etc.) or
•documents that guarantee payment of a set amount of money, which are payable to you (such as bankers’ drafts, cheques, travellers’ cheques or money orders)."