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Canada Immigration Forum > Settlement Topics > Settlement Issues > Topic: How much money can we bring ?
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Author Topic: How much money can we bring ?  (Read 341 times)
DGP
Newbie
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Posts: 9
« on: October 25, 2009, 02:58:41 pm »
We are a family of 2. So we need to bring  C$13,486 during landing.
How much more can we bring during landing in the form of cash/DD etc?


Thanks
D
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PMM
VIP Member
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Posts: 6581
« Reply #1 on: October 25, 2009, 03:18:46 pm »
Hi

Quote from: DGP on October 25, 2009, 02:58:41 pm
We are a family of 2. So we need to bring  C$13,486 during landing.
How much more can we bring during landing in the form of cash/DD etc?


Thanks
D

As much as you want or can carry.  Just remember to declare it to Customs on entry.

PMM
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Mary2009
Member
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Posts: 18
« Reply #2 on: October 25, 2009, 10:01:33 pm »
Crossing the border with $10,000 or more...
http://www.cbsa-asfc.gc.ca/publications/pub/bsf5052-eng.html

Mary
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DGP
Newbie
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Posts: 9
« Reply #3 on: October 26, 2009, 01:26:26 am »
Dear PPM and Mary 2009

Thanks for the replies.
So if I declare above 10k CAD will this be subjected to tax ?

D
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Mary2009
Member
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Posts: 18
« Reply #4 on: October 26, 2009, 07:22:56 am »
> So if I declare above 10k CAD will this be subjected to tax?
I don't think so... but please seek someone else's advice :)

I guess that this type of declaration have things to do with money laundering... but not taxes.
(not sure... someone please confirm).

Mary
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PMM
VIP Member
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Posts: 6581
« Reply #5 on: October 26, 2009, 12:43:25 pm »
Hi

Quote from: Mary2009 on October 26, 2009, 07:22:56 am
> So if I declare above 10k CAD will this be subjected to tax?
I don't think so... but please seek someone else's advice :)

I guess that this type of declaration have things to do with money laundering... but not taxes.
(not sure... someone please confirm).

Mary


Yes, it is for money laundering and there are no taxes.

PMM
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CharlotteJ
Full Member
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Posts: 41
« Reply #6 on: October 27, 2009, 05:48:12 pm »
I just returned home from landing in Toronto about 2 weeks ago. the Immigration officer did ask if I had any proof of funds, I said yes and wanted to provide him with a copy of my bankaccounts and suddenly he said that it wasn't needed!

So, I stood there, got a few papers in my hand and had some 1500,- dollars in my bag which I had bought right before my departure and just in case and he only asked if I had any cash with me, I said yes, how much it was and I showed him the money. He wrote that down and that was IT!

I was directed to the custom declaration officer and when I handed in my proof of funds, she refused it and said that I had to take pictures of all the goods and note down the serial numbers of laptops, camera, rugs (silk or wool etc) and may hand it in next time I travel to Canada!

and there I was, out of the airport in a few minutes only! and I was the only one at the airport it seemed!!! NOBODY else around...
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