vind
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Palak Bhaipalakpatel911 said:A Query for How much money to bring while entering Canada - Re-posting
- There is no limit to bring money to Canada by a PR
- You need to declare at immigration check that you hold more than $10,000
- It is not mandatory to bring/carry the same amount that you showed at the time of filling/showing Financial Proof (forms)
- Other money if less than $10000 you can carry a travelers cheque/DD or even can transfer money later on when you are settled
- Immigration Check team/people will sure make sure that you have enough money for 1 year survival before you are landing
- This thing they will conclude by few basis questions in form of small interview at time of immigration check
- The money you have showed POF or intending to carry are already taxed, so whenever you bring to Canada in some part of full, those amount will always be non taxable in Canadian terms and accounts
- In case of transferring huge amounts, one need to prove that all part of it is already taxed within your origin country
Per PP under/equal $10,000 cash are allowed, if intending to carry more than $10,000 cash - Immigration check/verification process at airport becomes lengthy.
Thanks for the information. This will help many to clarify the doubts about settlement funds.
Wish could give you another + 1