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Canada Immigration Forum > Settlement Topics > Settlement Issues > Topic: Leon please answer:Fund proof at Landing
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Author Topic: Leon please answer:Fund proof at Landing  (Read 282 times)
nasim15
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« on: September 28, 2009, 10:56:10 am »
We are three member family. Our minimum required fund is CAD 16,580. Should I have to declare this to the customes as it exceeds CAD 10,000? Beause we are three, thereforefore , per head it is USD 5527.
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FSW application: 15 Sep 2005, Medical Sent: 17 Sep 2009, Passprt Sent: 17 Sep 2009, NOC Code: 01222, Ecas staus changed to 'Decision Made' on 05 Oct 2009, Waiting for return of passport with Visa Stamp.
Leon
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« Reply #1 on: September 28, 2009, 01:42:28 pm »
If you are bringing it in cash or cashiers check, you need to declare it, see http://www.cbsa-asfc.gc.ca/publications/pub/bsf5052-eng.html
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PR=Permanent resident - TFW=temporary foreign worker
FSW=federal skilled worker - QSW=Quebec skilled worker
AEO=arranged employment offer - LMO=labour market opinion
CEC=Canadian experience class - PNP=provincial nominee program
nasim15
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« Reply #2 on: September 28, 2009, 09:32:06 pm »
Quote from: Leon on September 28, 2009, 01:42:28 pm
If you are bringing it in cash or cashiers check, you need to declare it, see http://www.cbsa-asfc.gc.ca/publications/pub/bsf5052-eng.html

What are the possible impact of declaration? If I bring Bank Draft, then I do not need to declare?
« Last Edit: September 29, 2009, 06:55:54 am by nasim15 » Logged
FSW application: 15 Sep 2005, Medical Sent: 17 Sep 2009, Passprt Sent: 17 Sep 2009, NOC Code: 01222, Ecas staus changed to 'Decision Made' on 05 Oct 2009, Waiting for return of passport with Visa Stamp.
PMM
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« Reply #3 on: September 29, 2009, 02:24:05 pm »
Hi

Quote from: nasim15 on September 28, 2009, 09:32:06 pm
Quote from: Leon on September 28, 2009, 01:42:28 pm
If you are bringing it in cash or cashiers check, you need to declare it, see http://www.cbsa-asfc.gc.ca/publications/pub/bsf5052-eng.html

What are the possible impact of declaration? If I bring Bank Draft, then I do not need to declare?

There are no impacts if you declare the funds, if you don't declare, then you could be fined and the money seized.  Just fill out the form, it is no big deal.

PMM
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nasim15
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« Reply #4 on: September 29, 2009, 11:48:23 pm »
Thanks PMM
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FSW application: 15 Sep 2005, Medical Sent: 17 Sep 2009, Passprt Sent: 17 Sep 2009, NOC Code: 01222, Ecas staus changed to 'Decision Made' on 05 Oct 2009, Waiting for return of passport with Visa Stamp.
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