CANADAVISA.com Immigration Forum
September 07, 2008, 05:18:27 am
   Home   Assessment Help Search Login Register RSS  
*
Welcome, Guest. Please login or register.

 News
 
Pages: 1   Go Down
  Print  
Author Topic: Disclosure of funds upon first landing  (Read 651 times)
mehmeh
Member
**
Posts: 15


« on: June 19, 2007, 03:00:50 am »

Upon my first landing in Canada, if I brought with me some cash (below $10,000) and certificates of time deposits from my previous residence country (more than $10,000), do I still have to disclose these funds with CBSA office? Thanks!
Logged
thaiguy
Hero Member
*****
Gender: Male
Posts: 1183


« Reply #1 on: June 20, 2007, 07:59:50 am »

"...do I still have to disclose these funds with CBSA office?"

You have to report cash and negotiable instruments if they total CAN$10,000 or more.

If your "certificates of time deposits" are non-negotiable (which is normally the case), you don't have to include them in the the CAN$10,000 reporting requirement.

Therefore, it sounds like you don't have to declare anything.
Logged
Pages: 1   Go Up
  Print  
 
Jump to:  

Powered by SMF 1.1.1 | SMF © 2006, Simple Machines LLC