Can we take upto $10,000 CASH as Landing Fund?

[unfairsystem]

hi all,

Can we take upto $10,000 CASH  as Landing Fund?

[asyousuf]

hi all,

Can we take upto $10,000 CASH  as Landing Fund?

yes u can. Read the procedure on below link
http://www.cic.gc.ca/english/immigrate/skilled/funds.asp

asyousuf

[qorax]

hi all,

Can we take upto $10,000 CASH  as Landing Fund?

And more... no issues there... just that u have to 'declare' it while disembarking.

[Architect2151]

If I am taking 9000 and my wife 7000,
Should I declare it or I am fine as there is less than
10000 with each of us.

[qorax]

If I am taking 9000 and my wife 7000,
Should I declare it or I am fine as there is less than
10000 with each of us.

For a start -- what's the hassle in 'declaring' anything, anyway?

[Architect2151]

For a start -- what's the hassle in 'declaring' anything, anyway?

The "hassle" is that ;
None of us is carrying 10 grand

The law says 10 grand or more.

[asyousuf]

The "hassle" is that ;
None of us is carrying 10 grand

The law says 10 grand or more.

No issue dear. hv a worry free travel

[qorax]

The "hassle" is that ;
None of us is carrying 10 grand

The law says 10 grand or more.

If u don't [carry] -- u don't [declare].
However, if u do [carry] -- declaring is just a paperwork... nothing more than that !

Qorax
Ps.: I observe various posts on this 'declaring' matter... what I can't figure-out is why the anxiety?

[mitali]

If u don't [carry] -- u don't [declare].
However, if u do [carry] -- declaring is just a paperwork... nothing more than that !

Qorax
Ps.: I observe various posts on this 'declaring' matter... what I can't figure-out is why the anxiety?

Dear Qorax da,

I have received quite a few query from members on this topic and I feel that they do want to declare the amount of money they bring into Canada.....its just that they want to re-confirm if what they are doing is right. And since we have a rolling audience of members on this forum.....it creates an allusion and we keep getting these queries over and over.

And I also feel that members do not quite EXPLOIT THE SEARCH BUTTON on the right hand corner of the web page.

1. First concern - Is the $10,0000 limit per application (PA, Spouse), or is it per person?
And the limit is per person (PA and Spouse : $10,0000 times 2).

2. The second concern is, whether declaring more than $10,0000 (per person) might have any negative impact on TAX?

And the answer to that is -NO.

Regards.

Mitali

[qorax]

@ Mitali
Well explained Ma'am...

[devilhimselff]

Another points...If you don't declare, but are asked for Proof of Funds, you are still gonna show/tell that you and wife are carrying 9Gs each......

I wont take a chance on 1person/10,000CAD or 1Family/10,000CAD thingy.
I would definitely declare to avoid any complications.

Rest is yours to handle

Best of Luck.

[qorax]

@ D/himself
Well opined too; makes perfect sense...

[Architect2151]

Dear Qorax da,

I have received quite a few query from members on this topic and I feel that they do want to declare the amount of money they bring into Canada.....its just that they want to re-confirm if what they are doing is right. And since we have a rolling audience of members on this forum.....it creates an allusion and we keep getting these queries over and over.

And I also feel that members do not quite EXPLOIT THE SEARCH BUTTON on the right hand corner of the web page.

1. First concern - Is the $10,0000 limit per application (PA, Spouse), or is it per person?
And the limit is per person (PA and Spouse : $10,0000 times 2).

2. The second concern is, whether declaring more than $10,0000 (per person) might have any negative impact on TAX?

And the answer to that is -NO.

Regards.

Mitali

Mitali,
Thank you so much for the well elaborated answer .
It is really helpful.
+1 for you.

[devilhimselff]

 @  D/himself
Well opined too; makes perfect sense...

Shukran Jazeeran

[qorax]

Shukran Jazeeran

Aaf wan Habibi !