urgent info needed, please help if you know the answer

Ed02

Registered Users (C)
1. I am going to land in Canada and leave Canada two days after landing, both by airlines. And I have questions regarding US and Canadian I-94 forms:
a) Should I fill in a Canadian I-94 form when flying to Canada on airplane? And do I need to turn in this Canadian I-94 when leaving Canada?

b) Should I turn in my current US I-94 when leaving US?
If I need to turn in the current US I-94 when leaving US, then I need to fill in a new US I-94 when returning to US. Will I be provided a new US I-94 form on airplane when returning to US, since people say such kind of travel is considered domestic travel.

2. I wrote over US$10,000 fund on application, would it be OK if I just bring US$8,000 cashier's check when landing? Is that going to be a problem since I am not bringing the amount listed on my application? Or is it enough so long as it is over CAN$9,897 (required on CIC website for one immigrant)?

3. I saw such a requirement on one Canadian official website (see below). Since I am planning to take US$8,000, which exceeds CAN$10,000, then I need to tell an officer and fill in Form E677. I don't think there is any problem when I bring the money into Canada, coz I don't need to pay tax on anything I bring in as an immigrant. But when I leave Canada and report that I bring over CAN$10,000 out of the country, will I be required to pay tax on the money?

"If you are entering or leaving Canada and are carrying CAN$10,000 or more, or its equivalent in a foreign currency including any combination of coins, domestic or foreign bank notes, and securities, such as travellers cheques, stocks and bonds, you have to complete Form E677, Cross-Border Currency or Monetary Instruments Report - Individual . If the currency or monetary instruments that you are reporting are not your own, you will be required to complete Form E667, Cross-Border Currency or Monetary Instruments Report - General . You must complete the reporting form, sign it, and hand it to a customs officer at the nearest Canadian customs office that is open at the time you are travelling."
"Currency and monetary instruments of a value equal to or greater than CAN$10,000, or its equivalent in a foreign currency which are not reported, may be subject to seizure and the assessment of penalties. Penalties range from $250 to $5,000, and may include forfeiture."
 
1. I am going to land in Canada and leave Canada two days after landing, both by airlines. And I have questions regarding US and Canadian I-94 forms:
a) Should I fill in a Canadian I-94 form when flying to Canada on airplane? And do I need to turn in this Canadian I-94 when leaving Canada?

-- There is no cdn I-94. You are landing and not visiting hence nothing for you

b) Should I turn in my current US I-94 when leaving US?
If I need to turn in the current US I-94 when leaving US, then I need to fill in a new US I-94 when returning to US. Will I be provided a new US I-94 form on airplane when returning to US, since people say such kind of travel is considered domestic travel

-- They will not take your I-94 as canada - US is domestic travel. Do not give it to the airlines, if they take it, you will get a new I-94 on your way in , provided your visa is still valid.
 
bhand11683, thanks a lot for replying my questions. Do you happen to know answers to my other two questions? (1) Do I need to bring the amount listed in my application? Or any amout is ok so long as it is over the required fund? (2) If I don't deposit the fund in a Canadian bank and take it back to US, since it is over CAN$10,000, will I need to pay any tax if I report the money?

For the first question, if only the required amount of fund is needed when landing, then it is better to bring exactly the required CAN$9,897, then I don't need to worry about reporting it when leaving Canada. But the problem is I plan to bring US dollar with me so that I don't need to exchange US dollar to CAN dollar, then I will definitely bring over equivalent CAN10,000 (just because the 9897 is so close to the 10,000 threshold). I have to report the money when leaving Canada, but really concerned if any tax will be involved.

Thank you.
 
1) Do I need to bring the amount listed in my application? Or any amout is ok so long as it is over the required fund?

-- required amount or over it is Okay


(2) If I don't deposit the fund in a Canadian bank and take it back to US, since it is over CAN$10,000, will I need to pay any tax if I report the money?

-- No tax whether you deposit in cdn bank of take it back
 
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