Posted on: 04-08-09 00:24:51
Hi
We are coming on work permit (1 year validity with possibility of extension). Does anybody know what are the rules for bringing the car and household furniture?
1. Do I have to pay the import duty and other taxes at POE?
2. When I am returning do I HAVE to take everything back? Or I can dispose of those things after a year?
3. Will there be penalty if for some reason I have to leave the country before one year and not able to take those things back?
appreciate your help guys
Quote:
Originally posted by iLusion
1. Do I have to pay the import duty and other taxes at POE?
-- If you are coming to Canada on a work permit, you do not pay taxes/duties on your personal items that you would be bringing into the country
Quote:
2. When I am returning do I HAVE to take everything back? Or I can dispose of those things after a year?
-- Yes, you will have to take everything back to where you came from.
Quote:
3. Will there be penalty if for some reason I have to leave the country before one year and not able to take those things back?
-- It depends on what you dispose (or sell) when you leave without taking those things back.
Quote:
Originally posted by iLusion
Hi
We are coming on work permit (1 year validity with possibility of extension). Does anybody know what are the rules for bringing the car and household furniture?
1. Do I have to pay the import duty and other taxes at POE?
2. When I am returning do I HAVE to take everything back? Or I can dispose of those things after a year?
3. Will there be penalty if for some reason I have to leave the country before one year and not able to take those things back?
appreciate your help guys
-------------------------------------------------------------------------------------------
You cannot lump all of the items that you are importing into Canada in into one category.
For the CAR, you will have to contact the CBSA and the MOT departments of Canada and see if the vehicle will pass their requirements. One such test is the emission test. There are other road worthiness tests. They will tell you if such a vehicle of make and model is accepted into Canada on PAR or needs modification or other adjustments. The matter is between you and these departments and we can only tell you if anyone else has brought one such vehicle in here after you provide us with the details. How they proceeded with their vehicle to comply with the requirements you can see in the threads posted in here. There are duties and taxes associated with them and you may be able to find them from them. Some vehicles do comply and a few do exceed their requirements.
While you are in conversation with them, discuss the other items that you are bringing into Canada. I am sure that they will let you bring in most of the items tax or duty free. There is such a provision for your move. There are prohibited items too please get a list from them.
If you move OUT prior to completion of the contracted period or after completion, you can contact any charitable organisation and ask them to collect it for free if they accept such objects (Furniture) if not contact the local CITY HALL and ask them to pick it up from the curbside. It all depends upon the location where you will be moving into, to live.
Hope this helps you get started.
Freddie.
Thanks cdn_dude and Freddie.
We called up the customs # today and all they said is pay the duty n taxes and you are good. The taxes are coming up to be around 2k on our ford escape 07. So we are selling it of here and will be buying one there. As for the rest of the household items they said we are good without paying any taxes. Except we cannot import the mattress and crib mattress too. So we are not getting the rest.. no point in getting just the bed frame.
Next thing we are researching now is if there is any tax if we transfer our money from us to canada. Does anybody know the rules/regulations regarding money transfer on work permit?
You have done the best ting there is under the conditions. Now try and get rid of the rest of the things. Shed all that you can Pots and Pans etc., too.
If it fits in your wallet, then nothing to worry about.
Now you are ready to travel to Canada. Come down a day early, I know I know, you have to be at the border on a certain day...
There are no taxes on funds that you bring into Canada. Canada is the Best Tax Haven of the world. Only you pay fifty percent on your earnings, or there abouts...
Do not collapse out the 401K there, but slowly dissolve them, by a year at a time.
You will love it up here, but you first will have to cross the border and settle down.
Good Luck to you,
Freddie.
Quote:
Originally posted by iLusion
Thanks cdn_dude and Freddie.
We called up the customs # today and all they said is pay the duty n taxes and you are good. The taxes are coming up to be around 2k on our ford escape 07. So we are selling it of here and will be buying one there.
Di you tell them that you are coming on a work visa? This is very important point to consider while considering your customs duty on your car.
see this: http://cbsa-asfc.gc.ca/publications/pub/bsf5048-eng.html#s3
Then you might want to consider calling them again to explain your situation.
Now try and get rid of the rest of the things. Shed all that you can Pots and Pans etc., too. >>
Yes my husband is of the same opinion, However his employer is paying for the move, so might as well take the essential household and kitchen stuff. One corner of mind is kind of worrying, about what to do with these stuff, if you cannot dispose them off. When we talked to customs they said whatever you get on work visa, in principle everything has to leave the country when you leave. We don't know which country we will be next, so there is no guarantee that the company will pay for move then. So we are not bringing our car but we are getting all our household items with the plan we will pay the duty at that time and dispose those off.
Do not collapse out the 401K there, but slowly dissolve them, by a year at a time.>>
Yeah, we checked with our existing employer, since emp.y remains same, it seems we cannot dissolve it as of now. Do you know any options in this case?
Di you tell them that you are coming on a work visa? This is very important point to consider while considering your customs duty on your car.>>
Yes, we told them we were coming on work permit. There is no duty on this, however we were playing kinda defensive and wanted to pay the duty so that the car doesn't have any restrictions.
