Recently received CPR for me, my wife & son; me being the primary applicant.
We are planning to land in June 2017
Just need help with the following Questions regarding the first landing:
1. How much funds should I carry in CASH as proof of funds?
2. Is there a maximum limit to amount of CASH I can carry?
3. I have funds being generated from sale of a possessions that too in CASH to approx. 50,000 CAD; Do I need to present source of these funds?
4. I know it's tax free since it's first landing, but is there any obligation to provide source of these funds?, since I don't have any receipt or proof for sale of possessions.
5. Since I am from India, is there any legal requirement to declare these funds while leaving India?
Very confused about these questions, no clear information provided.
Recently received CPR for me, my wife & son; me being the primary applicant.
We are planning to land in June 2017
Just need help with the following Questions regarding the first landing:
1. How much funds should I carry in CASH as proof of funds?
2. Is there a maximum limit to amount of CASH I can carry?
3. I have funds being generated from sale of a possessions that too in CASH to approx. 50,000 CAD; Do I need to present source of these funds?
4. I know it's tax free since it's first landing, but is there any obligation to provide source of these funds?, since I don't have any receipt or proof for sale of possessions.
5. Since I am from India, is there any legal requirement to declare these funds while leaving India?
Very confused about these questions, no clear information provided.
1. You can bring as many cash to Canada as you want. But, if you are bringing more than CAD10,000/-, you must declare it.
2. No, there isn't. But it could be from your hoe country.
3. You just need to declare it in your home country, not in Canada. ScotiaBank StartRight program lets you to transfer amounts up to CAD50,000.00 from your home country through a secure wire transfer.
4. I don't know about this.
5. I don't know it either.
Hope this helps you
