Hey Guys, need help
I will be giving my first landing in November and than I will go back to
Saudi Arabia and will return to Canada after 3 years.
Question:
Upon my first landing how much amount i have to bring for family of 2? Can
I bring less than CAD 15000?
You need to show funds greater than or equal to $15,143. That is the minimum mandated amount. You can show this in the form of cash, DD, statements proving the availability of funds in the bank. To be on the safer side, just declare the funds you are taking with you to the IO.
I will return back to Canada after 3 years and will be carrying more than
CAD 50,000 as I will landing finally
Question:
1. Will I be charge for it in the form of TAX as I will be a permanent
resident and will be liable to pay the tax?
Not sure but since you would not have resided in Canada, you might be considered non-resident for tax purposes. Anyone who knows this better can answer.
2. Upon my first landing can I mention, that I will be bringing more CAD
50,000 (in my goods to follow list) so it will be tax free?
I guess you can do that. Yes.
My Friend told me, that I can mention in the (goods to follow list upon my
first landing) that I will bring Gold worth of CAD 50,000 so it will be tax
free (I will convert my all cash in the form of Gold when I will return to
Canada)
Check these--->
http://www.canadavisa.com/canada-immigration-discussion-board/coming-to-canada-as-a-prbringing-money-time-or-amount-limit-t138137.0.html;msg3007011#msg3007011
http://www.canadavisa.com/canada-immigration-discussion-board/bringing-gold-bar-in-accompanied-goods-or-goods-to-follow-list-t129178.0.html;msg1968685#msg1968685
http://www.canadavisa.com/canada-immigration-discussion-board/moving-to-canada-after-landing-last-year-how-mych-money-i-can-take-with-me-t409527.0.html;msg5120793#msg5120793
http://www.canadavisa.com/canada-immigration-discussion-board/landing-in-canada-all-you-need-to-know-t36735.0.html;msg5169490#msg5169490
http://www.canadavisa.com/canada-immigration-discussion-board/form-b4-goods-to-followaccompanying-list-how-to-t44793.0.html;msg4452386#msg4452386
http://www.cbsa-asfc.gc.ca/travel-voyage/ttd-vdd-eng.html