British Expats

British Expats (https://britishexpats.com/forum/)
-   Canada (https://britishexpats.com/forum/canada-56/)
-   -   Taking Money Into Canada (https://britishexpats.com/forum/canada-56/taking-money-into-canada-314837/)

scjager Jul 19th 2005 7:48 am

Taking Money Into Canada
 
[COLOR=DarkOrange]Hi All,
I'm sure someone has asked this question already but I can't find an answer anywhere.
Does anyone know if you are held to any taxes when transferring a large sum of money from the UK to Canada. Basically this is going to be the equity from the sale of our house.
Also can anyone recommend any money transfer companies in the UK to handle such a process.
One last thing can anyone recommend any shipping companies for the house stuff.
All responses would be greatly appreciated.
Cheers All
Simon :)

Souvenir Jul 19th 2005 7:55 am

Re: Taking Money Into Canada
 

Originally Posted by scjager
[COLOR=DarkOrange]Hi All,
I'm sure someone has asked this question already but I can't find an answer anywhere.
Does anyone know if you are held to any taxes when transferring a large sum of money from the UK to Canada. Basically this is going to be the equity from the sale of our house.
Also can anyone recommend any money transfer companies in the UK to handle such a process.
One last thing can anyone recommend any shipping companies for the house stuff.
All responses would be greatly appreciated.
Cheers All
Simon :)

The answer to your first question is no.

The answers to your other questions can be found in numerous other discussions that have come up recently (just go back over a few pages; you'll find them).

Right now is not a good time to be moving large amounts of pounds into Canada. If you don't have to, wait a few months.

Rich_007 Jul 19th 2005 7:59 pm

Re: Taking Money Into Canada
 

Originally Posted by scjager
[COLOR=DarkOrange]One last thing can anyone recommend any shipping companies for the house stuff.

Contacted numerous bods to get quotes and none could beat Excess International. Best price based on 5 quotes, 3 by far and one by a few hundrede quid, & they offer a full comprehensive service.

Many we contacted never even got in touch. :(

Rich.

scjager Jul 20th 2005 8:33 am

Re: Taking Money Into Canada
 

Originally Posted by Rich_007
Contacted numerous bods to get quotes and none could beat Excess International. Best price based on 5 quotes, 3 by far and one by a few hundrede quid, & they offer a full comprehensive service.

Many we contacted never even got in touch. :(

Rich.


HI Rich,
Thanks for the feedback I'll take a look and let you know how we get on.


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