+1(514) 937-9445 or Toll-free (Canada & US) +1 (888) 947-9445

yalgar

Hero Member
Oct 13, 2013
238
29
My parents would like to bring in the money they own in their origin country later when they settle. Please advise if that should be in 'goods to follow' list
 
My parents would like to bring in the money they own in their origin country later when they settle. Please advise if that should be in 'goods to follow' list
No - definitely NOT on the goods to follow list. Please read the link I provided you in your other post, this discusses money and assets.

They will need to declare any assets (property, cash, investments etc.) still held overseas on form T1135 in their first full year Canadian tax return to the CRA.