Bringing a gold bracelet into Canada - advice on custom declaration?
My cousin wants to give me her mom's gold bracelet when I return to my hometown. So if the gold bracelet is valued over C$800 I have to pay tax on it?
If I do decide to accept the gift, do I take the bracelet for appraising in my hometown and get a certificate to show customs if they ask about it?
Thanks. I've never brought jewelleries back to Canada before. Don't really want all the hassle for bringing one gold bracelet home.