I did my soft landing about 2 years ago and am now planning to move to Canada for good. Should I bring all my savings to Canada or should I bring in the minimum amount stipulated by CIC and then ask someone to wire the rest of the money later? People are saying that if you bring in more money, you will be unable to benefit from bursaries, government aid, etc. Can someone please advise?
Arrival funds
- Thread starter mystique9999
- Start date
Don't listen to "People". Benefits are based on how much money you made. You can either bring all your funds to Canada or leave them at home. If the cost of funds/assets outside Canada is over $100,000, then you need to report in your annual tax return.
