casadog said:
So just to confirm.
It is fine to bring less than 10K and tell them that you will bring the rest later on when you have your Canadian bank account?
The question they ask is just for customs and not related to the funds you should have for the setup in Canada.
Even for a familly of 4 - When asked how much money you have - It is fine to say that you have less than 10K?
Thank you
IRCC requests that you have a certain amount available, they don't ask you to bring that with you in a suitcase full of cash, preferable low unmarked and non sequencial bills
Fact is they have already analysed that and they were satisfied so they gave you a PR.
It's perfectly fine to assume that the candidate will arrive, open a bank account and then transfer the funds over when he is ready to do so...
I myself expect to be living of my current credit cards before I get all that sorted out in Canada after I land, so I'm not taking anything with me. If the officer asks for proof I'll use my mobile banking app to show him my current saving's balance. In fact I'm hoping I'll get a job initially and not have to transfer anything over at all at the start... then I can use my lump sum to start a mortgage on a house.
As far as declaring you have more that 10 000 CAD with you, I think you should only do that if you actually have that amount on you... if, like me, you left it safe and sound in a bank ready to transfer it when needed, then it's not with you so don't bother as you'll probably cause confusion with the customs officer.