I would appreciate if some more experienced members can share some information about this.
We are 3 members in my family, with me, my wife and our 1 year old daughter.
After we got our PR, I (primary applicant) landed in Canada in October 2012 and carried some funds by way of TCs with me.
Now I am planning to travel back to Canada with my wife and kid and I am not sure how much funds can we carry?
I understand that I can carry up to 10000 CAD without getting taxed but my question is how much can my wife carry with her? Does the limit of 10K CAD applies to her also or she can carry more as she would be landing for the first time?
Does the limit of 10k CAD applies to us as a family or individually?
Thanks in advance for your help!!
We are 3 members in my family, with me, my wife and our 1 year old daughter.
After we got our PR, I (primary applicant) landed in Canada in October 2012 and carried some funds by way of TCs with me.
Now I am planning to travel back to Canada with my wife and kid and I am not sure how much funds can we carry?
I understand that I can carry up to 10000 CAD without getting taxed but my question is how much can my wife carry with her? Does the limit of 10K CAD applies to her also or she can carry more as she would be landing for the first time?
Does the limit of 10k CAD applies to us as a family or individually?
Thanks in advance for your help!!