r/canadaguns • u/canadam1111 • 21d ago

Misc Moving to USA - Options on Handguns

We are moving to the USA and I have filed a atf form 6 to bring most of my firearms. They accepted most but two hand guns and the AR and one Winchester SXP of all things! What are my options I obviously don’t want to turn them in. Is there a way to sell those handguns in Canada before we go?

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u/CurlyWurly61 21d ago edited 21d ago

Time to change your user to Americadam1111😈

I'm right behind you buddy. I'm leaving this sinking ship quite soon

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u/canadam1111 21d ago

I love this comment! It’s been with me for so long. But Canada has changed way too much. See you on the other side!

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u/[deleted] 21d ago

[deleted]

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u/canadam1111 21d ago

Luckily I was able to get my dual citizenship, long process and story. We are just waiting on my wife’s green card from Canada now. The exit taxes can be scary. But luckily most things like primary residence, RRSPs, TFSAs and RPPs are generally exempt

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u/613mitch 21d ago edited 21d ago

Exit taxes?

Edit: Nevermind, looked it up. Had no idea we had exit taxes.

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u/FilterAccount69 21d ago

Yup, some of the more aggressive of the western world although it really only starts to matter when you have a decent amount of money.

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u/BackToTheCottage 19d ago

Technically called deemed disposition. You "sell" all your assets and then rebuy them, paying any capital gains.

It is only the gains that get taxed and being capital gains, only 50% of it is actually taxed (used to be 25%, blame Trudeau).