Proof of 'Landing Funds" >>>

[mchander]

hellosir,
we are a family of four :me, my wife, and two kids
under 10,planning to go in Ma,2012, to Canada.
kindly tell me latest POF For a family of four required
to show at POE in Canada.Thanks.

 

[qorax]

hellosir,
we are a family of four :me, my wife, and two kids
under 10,planning to go in Ma,2012, to Canada.
kindly tell me latest POF For a family of four required
to show at POE in Canada.Thanks.

$20,654 - for a family of 4.
http://www.cic.gc.ca/english/immigrate/skilled/funds.asp

 

[mchander]

Hello Captain,
I know of course through your posts that i can carry more than you mentioned.
My concern is if i carry more money at first arrival,will it be totally exempt from tax?
Next, i am planning to open account in Scotia Bank in India,where i will deposit the amount.
As quoted it will serve as P.O.F.again will the amount be tax free there be till i reach and start
operating?
Thanks.

 

[qorax]

Hello Captain,
I know of course through your posts that i can carry more than you mentioned.
My concern is if i carry more money at first arrival,will it be totally exempt from tax?
Next, i am planning to open account in Scotia Bank in India,where i will deposit the amount.
As quoted it will serve as P.O.F.again will the amount be tax free there be till i reach and start
operating?
Thanks.

U can bring-in Millions -- all will be tax free.
It's not the amount which attracts tax... it's the interest/investment-gains of that fund that accrues taxes.

 

[odin2404]

Hello Captain,
I know of course through your posts that i can carry more than you mentioned.
My concern is if i carry more money at first arrival,will it be totally exempt from tax?
Next, i am planning to open account in Scotia Bank in India,where i will deposit the amount.
As quoted it will serve as P.O.F.again will the amount be tax free there be till i reach and start
operating?
Thanks.

FYI Scotia Bank Initial deposit allows you only CAD 50000.

Cheers,
Odin

 

[mchander]

Thanks for good advice.

 

[mchander]

Dear Sir,
what ratio of cash,D.D. and T.C. should be ideally
before coming?

 

[asyousuf]

Dear Sir,
what ratio of cash,D.D. and T.C. should be ideally
before coming?

Dear..i quote here captains' recommendation...20:80 ratio...i.e. 20% cash and 80% in the form of DD or TC

 

[CB]

Dear Qorax..I need your suggestion
I have completed my landing in oct 2011, And i returned back to my country in nov 2011.I opened bank account with scotia bank at toronto.Now i plan to go back in apr 2012 and want to remit/wire transfer funds to my scotia bank account from my bank account in my Home country.
Please advise that at the time of re-entering Canada do i have to declare remitted/wire transferred funds to CBSA.

CB

 

[qorax]

Dear Qorax..I need your suggestion
I have completed my landing in oct 2011, And i returned back to my country in nov 2011.I opened bank account with scotia bank at toronto.Now i plan to go back in apr 2012 and want to remit/wire transfer funds to my scotia bank account from my bank account in my Home country.
Please advise that at the time of re-entering Canada do i have to declare remitted/wire transferred funds to CBSA.

CB

Not required.

 

[jnathan]

qorax

How much money does Indian financial system allow you to remit to Canada/USA?
is there any ceiling?

 

[qorax]

qorax

How much money does Indian financial system allow you to remit to Canada/USA?
is there any ceiling?

I have no idea, Sir. I don't know the Indian system.

 

[pittabread]

I have no idea, Sir. I don't know the Indian system.

http://www.sendingmoneytoindia.com/how-much-money-can-an-indian-remit-abroad/544/

A resident Indian can remit up to $100,000 per year towards maintenance expenses of close relatives abroad, studies abroad, emigration abroad, medical treatment abroad, and employment abroad.

Also check

http://www.immihelp.com/newcomer/foreign-exchange-india.html

 

[Smip86]

Background Check

Hi,

I have 1.5 yrs of experience as an Xray & pathology technician,& work ex is coming under under MI 3 instruction.I am M.SC Biotech from India & also cleared IELTS wt 7.5 bands.

Now i just want to know that the hospital where i work is coming under rural area & most of the time there phone no (Land line) is not working.So can u please suggest me is it any obstacle on background check process due to non functioning of land-line no.

1 more thing i will let u know that doctors under whom i work & reported have cell phone & both are available on that.

please guide me m confused wat to do.


Regards

Smip86

 

[CB]

Not required.

Thanks Qorax