Tag: non resident and international tax
Tax Implications of Leaving Canada Permanently
Becoming a non-resident of Canada can offer a range of personal and financial benefits. Each year, an increasing number of Canadians opt for non-residency, particularly in light of the recent 2024 Federal Budget, which introduced tax increases for high-net-worth individuals. This has prompted even more Canadians to explore the possibility of relocating abroad.
Purchasing Foreign Real Estate and FAPI Taxes
The escalating housing market in Canada is compelling investors to explore real estate opportunities beyond their borders, such as in the US, Europe, and Asia. These investors often acquire foreign properties through intermediary entities known as foreign corporations. This preference stems from the liability protection and simplified compliance with local laws and regulations such corporations … Continue reading Purchasing Foreign Real Estate and FAPI Taxes
Tax Tips for Canadians Working Abroad Watch Video
If you are a Canadian who is working either permanently or temporarily abroad
How to Save Tax For A Non-Resident Investing in Canada Watch Video
If you are a non-resident investing in the Canadian real estate market
Tax implications for non-resident earning rental income
The Canadian real estate market has been a lucrative investment opportunity for foreign investors due to Canada’s relatively stable economy. If you are a non-resident or a foreign investor looking to enter the Canadian real estate market, this article is for you! The article will help you understand your tax obligations, provide strategies to reduce … Continue reading Tax implications for non-resident earning rental income
Tax Tips for Newcomers to Canada Watch Video
Are you a newcomer or know someone who is?
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