Declaration of Property outside Canada - at the time of first landing

[Nikhil Biware]

hello Friends,

I have planned my first or soft landing in Jan 2018, I intend to stay for about 2 weeks and return to Dubai, UAE.
However, I have invested in a property in my home country India. As of today, I don't intend to sell it, but in future I most likely would and want to get that money in Canada in distant future.

I need guidance, on how do I declare that as a part of my first landing, so that I won't be charged Customs duty when I get that money in Canada.

As always, appreciate your feedback and guidance.

 

[steaky]

You don't declare that at landing. You will have opportunity to do so when you file your Canadian tax return when you became a tax resident.