Dear Robert,
Thank you for reaching out, and congratulations on your retirement.
We’d be happy to assist you with filing for non-residency status with the Canada Revenue Agency (CRA). This process involves a detailed review of your residential ties, completion of Form NR73 (Determination of Residency Status), and preparing a departure return to report your final year as a resident of Canada.
Our Services Include:
- Residency status analysis
- Completion of Form NR73 (if needed)
- Preparation of your departure T1 personal tax return, including:
- Reporting income from CPP, OAS, RRIFs, RRSPs, and non-registered investments
- Capital gains disclosure, if required
- Form T1161 (List of properties at the time of departure)
- Form T1243 and T1244 if any deemed disposition applies
- Guidance on ongoing Canadian non-resident tax obligations
Estimated Fees:
- Departure tax return (T1 + T1161): Starting at $380 CAD
- Form NR73 (optional): $350 CAD
- Additional schedules (e.g., T3, T5, capital gains): $100–150 CAD each if applicable
Please note that Canadian real estate (such as your home or cottage) is exempt from departure tax, but must still be reported for compliance purposes. CPP, OAS, and RRSP income will continue to be subject to Canadian non-resident withholding tax.
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