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----- Original Message -----
From: David Ingram
To: Davidingram@shaw. ca
Sent: Monday, October 13, 2003 2:21 PM
Subject: FW: buying property in Canada by usa citizen
Hi
My wife has bought a property in canada and we are
usa citizens. What rules are we under in coming into
canada with goods for the property? We put 35% down
and have a mortgage with the royal bank. I understand
we can only stay for 180 days a year. We just bought
a rv class motor home 34' long and will be bringing
that in along with having a mover bring the furniture
etc. Do we need anything else besides a list of what
is being brought and what may come after and the
ownership papers and insurance on the rv? We owe on
the rv is that a problem? I lived in canada in
Vancouver for a few years and know of David from his
tv shows. We will need tax advice when we get up
there do you handle american citizens?
I thank you in advance for your advice
jxxxxxxxx
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david ingram replies:
You may bring in extrra household goods for your seasonal residence and leave them at your cottage / chalet. I am not sure what the RV is though. If you are saying that you have bought a 34 foot 5th Wheel trailer and intend to leave it behind on a lot, the answer is NO!. You must pay duty if bringing in a trailer to leave on the property.
On the other hand, you may drive a $400,000 RV into Canada and tour and use it as a homewhile here. However, you CANNOT leave it behind for a day, week, month or year without paying duty.
You cannot leave your car, boat, snowmobile, skidoo, trailer, motorcycle or any other vehicle behind either unless for repair at a repair shop. Pretend you are going to Mexico where you have to post a bond if taking a vehicle further into Mexico than the immediate border tourist zone.
One client just paid a $50,000 fine for trying to bring his US registered motorhome into Canada (and leave it).
We thrive on American or US resident clients and have six associates who spend the majority of their time looking after US / Canada / Mexico (United States <> Canadian <> Mexican) income tax questions.
David Ingram's US/Canada Services
US / Canada / Mexico tax and working Visa Specialists
US / Canada Real Estate Specialists
4466 Prospect Road
North Vancouver, BC, CANADA, V7N 3L7
Res (604) 980-3578 Cell (604) 657-8451
(604) 980-0321
New email to [email protected]
www.centa.com www.david-ingram.com
Disclaimer: This question has been answered without detailed information or consultation and is to be regarded only as general comment. Nothing in this message is or should be construed as advice in any particular circumstances. No contract exists between the reader and the author and any and all non-contractual duties are expressly denied. All readers should obtain formal advice from a competent and appropriately qualified legal practitioner or tax specialist in connection with personal or business affairs such as at www.centa.com. If you forward this message, this disclaimer must be included."
Be ALERT, the world needs more "lerts"
This from "ask an income tax and immigration expert" from www.centa.com or www.jurock.com or www.featureweb.com. Davidi Ingram deals daily with tax returns dealing with:
multi jurisdictional cross and trans border expatriate problems for the United States, Canada, Mexico, Great Britain, the United Kingdom, Kuwait, Dubai, Saudi Arabia, Thailand, Indonesia, Japan, China, New Zealand, France, Germany, Spain, Italy, Russia, Georgia, Brazil, Peru, Ecuador, Bolivia, Scotland, Ireland, Hawaii, Florida, Montana, Morocco, Israel, Iraq, Iran, India, Pakistan, Afghanistan, Mali, Bangkok, Greenland, Iceland, Cuba, Bahamas, Bermuda, Barbados, St Vincent, Grenada,, Virgin Islands, US, UK, GB, and any of the 43 states with state tax returns, etc.
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