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Moderator Moderator Posts: 4075
Posted On: 2/14/2017
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Hello Faisal,
Thank you for sharing your question and situation with us.
We can appreciate that you would be interested in this type of information.
Regarding your question about Proof of Funds, you must show proof of funds at the time of landing. As you have mentioned, you have previously already landed as a permanent resident, this is what you already did when you landed.
Although you do not have to show Proof of Funds this time, Canadian customs regulations require you to declare if you are bringing more than CAN$10,000 into Canada.There are no restrictions on the amount of money that you can bring into or take out of Canada. You must, however, report amounts of currency equal to or greater than CAN $10,000 or its equivalent in a foreign currency to the Canada Border Services Agency. If you do not tell them, you may be fined, and your funds could be seized.
In terms of your goods to follow, At the time of landing, you should have submitted a BSF186 - Personal Effects Accounting Document, or B4, where you were to list any goods with you and the goods that you were going to send later.
It is important to note that if your goods are not listed on your original BSF186, (or B4), they are not eligible for duty-free importation at a later time.
According to some Border Information Services (BIS) representatives, it is possible that, depending on the length of time since landing, the exemption on taxes may have be forfeited.
If the officer is not satisfied or convinced that it was to have originally been included on a Goods to Follow list, then you may be subject to the tax and duty.
In the event that you have to pay, you will have to pay 13% tax on the used value of the items. They stated that when allocated a used value to your items, you may want to think of it in terms of how much you would be able to sell it for at a garage sale. That is the amount you should allocate to your used items.
An additional 9.5% duty on the used value of any furniture. The amount of duty on other items such as used clothing and textiles can vary depending on where they are made. The duty can be from 0 to 20% of the used value.
They stated that if you are interested in how much duty will be charged on each other used item, you can contact them for specifics.
We suggest that you may want to contact a Border Information Services (BIS) representative directly for some information on your specific situation.
You can contact them at:
1-800-461-9999
They accept calls from outside Canada. Long distance charges apply.
If you are looking to bring items in as a returning resident, you can find some additional information on the Canada Border Services Agency (CBSA) Website in the Moving back to Canada section.
I hope this information is helpful. Please let us know if you have further questions and if there is any follow up to your question/situation.
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Anna
Settlement.Org Content and Information/Referral Specialist, CIRS
Settlement.Org
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