Hello experts,
After landing as a PR with proof of funds from own money, can family, friends or relative send funds to me anytime? Will the funds they send be regarded as income or gifts for tax purposes?
Hello experts,
After landing as a PR with proof of funds from own money, can family, friends or relative send funds to me anytime? Will the funds they send be regarded as income or gifts for tax purposes?
Hello experts,
After landing as a PR with proof of funds from own money, can family, friends or relative send funds to me anytime? Will the funds they send be regarded as income or gifts for tax purposes?
Transfers are watched especially those over 10k. If the government sees constant “gifts” you could run into problems. Are these constant gifts or a few hundred here and there birthdays, holidays, etc. Friends don’t tend to transfer money oversees for no reason. Is there a reason for all these transfers?
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