Hi all, I am still waiting for PR approval and probably won't see it anytime soon but wanted to get some opinions on crypto bought in US and possibly carrying the same to Canada.
1. Do I have to declare this in the GTF list
2. Crypto is in a cold storage and also on few exchanges
3. If crypto value exceeds amount I can carry do I need to let border agent know about this
Any suggestions/inputs are greatly appreciated, and I am sure can help other folks who are in similar situation.
You are absolutely right, if you have a cryptocurrency that exceeds the amount you can carry, then you should inform the border agent about it in order to avoid further problems with the law. You can also buy crypto real estate for your cryptocurrency if it is allowed in the country where you live. However, you need to find a special person who deals with real estate issues and can issue all the documents you need, without which you will not be able to make a deal. You will also need legal assistance in order to avoid problems with documents. I hope that you will be able to sort out your problems and solve the question posed to you. Good luck to you, my friend!
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