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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: KyrosL who wrote (25948)	12/2/2007 9:28:10 PM
From: Seeker of Truth	Respond to of 218548

Hi KyrosL, It's a little vague and complicated. If you own your home in Canada the tax people may decide you are still basically a Canadian resident and therefore may be taxed. If you are still getting a salary from a Canadian source you will be taxed. The matter is clearest if you write them a letter and get them to acknowledge that you don't anymore own a home in Canada and will not be residing in Canada during the tax year and earnings will be from non-Canadian sources. You're entitled to live abroad basically forever and not pay Canadian taxes on your earnings abroad but you can still renew your Canadian passport. SOT.