Portugal foreign funds into canada - tax? penalties? -

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QUESTION:
I am  Canadian citizen, a child of Euorpean immigrants.  My parents kept
realestate and funds in both countries.  I will be inheriting the foreign
realestate and funds.
Iwould like to bring funds  into Canada, as this is where I live my life.  I
may sell the big home and buy a smaller condo where we can go on holidays.
How and what are the tax consequences to me for bring money into Canada.  Do
I have to report any of this to CCRA. Do you know anything about inheritance
taxes in Portugal. Thanks
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david ingram replies:
I am using this email to tell my audience that I have lost over 300 questions.  I no longer have any outstanding questions older than 16 hours. Does not seem to have been a virus but I have lost all my inbox.
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There is no problem with your bringing any amount of inherited money into Canada.  Do NOT be secretive however.
The best method to avoid suspicion is to have it transferred through the banking system.  
It does not have to be reported to the CRA. (they changed the name from CCRA to CRA).
I know nothing about Portugal inheritance tax although I have three clients with businesses and properties in Portugal and we take their Portugal tax returns and convert the monies to Canadian Dollars and put the income and claim the tax on their Canadian returns.
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