Hi Guys,
I have a question regarding bringing gold jewelry after you become PR and travel outside Canada. I moved to Canada on temporary work permit in 2018, became PR in 2020 and now traveling on annual vacations. I intend to bring some gold jewelry from my home town. The jewelry is not new, few years old (bought even before moving to canada on my wedding). I kept it in the safety deposit in bank there but want to move it to canada now.
I want to know what rule applies to me, declaration on more than 10K CAD value or tax/duty on 800 CAD value ? Do i have to fill up B4 form or anything like that ? Will it be taxed ?
Sheeda
