What You Need to Know About Bonded Storage
You’re moving to another country, and you need a place to store your stuff. What are your options? One place you can store your things is in bonded storage. Read on to learn more about this option and why it might be right for you.
What Is Bonded Storage?
Bonded storage (also known as bonded warehouses or customs warehouses) are storage facilities in which you can store goods without having to pay duties upon them.
How does that work? We’ll illustrate with an example. Let’s say that Mark is moving from England to Toronto. He’s shipped a bunch of his things to Canada, but he’s still looking for a place to live. Some of the items which he’s shipped are taxable. Mark can leave them in bonded storage without paying customs duties until he’s ready to move.
What Are the Other Advantages of Using Bonded Storage?
Deferring paying customs duties is a fairly big advantage. However, that’s not the only reason that people choose to place their goods in bonded storage.
For a start, you can store goods there for at least four years. That’s a pretty important fact to know if it takes you longer than expected to find a place to live.
Second, these warehouses are specially equipped to preserve your belongings. They’re temperature controlled, so you don’t need to worry about mold or damage from the heat or cold. That feature gives you peace of mind.
Third, bonded storage is highly secure. Only authorized personnel can enter them, and they are safeguarded by state-of-the-art systems. So, as long as your belongings are stored there, you don’t have to worry about them being damaged or stolen.
Fourth, it doesn’t matter how little or how much stuff you’ve got – chances are that the bonded storage facility can accommodate your shipment. This is good news if you’re shipping a large amount of things (such as the contents of your home) or if you’re shipping something small yet quite valuable (such as a painting that’s worth thousands of dollars).
Fifth, moving companies generally run bonded storage facilities. When you’re ready to move your belongings, the shipping company can load the items onto a truck and deliver them to wherever you need. That means that’s one less hassle you have to worry about when you’re ready to move.
Orbit International Moving Logistics Ltd.: We Offer Safe and Secure Bonded Storage Facilities
If you’re moving to Canada and you can’t clear customs at the port of entry, Orbit International Moving Logistics Ltd. can store your goods in our bonded storage facility. Our bonded storage solutions are convenient, secure and economical. Orbit’s warehouse is big enough to store household belongings as well as cars. When you use Orbit’s storage facilities, you have peace of mind that your belongings are safe from theft and damage – our bonded warehouse is fireproof and secured by a state-of-the-art alarm system. To learn more, contact us today at 416-661-4228.