Canadian Immigrants – Do You Have to Pay Canadian Taxes on Your Worldwide Income?
Immigrants to Canada are given a permanent resident status so as to have the legal right to live, work or study anywhere in Canada. Immigrants need to meet Canadian residency requirements in order to keep their permanent resident status. There is a misnomer that immigrants in fulfilling their Canadian residency requirements as permanent residents of Canada should also be residents of Canada for tax purposes. As explained below, the permanent resident requirements are different from the tax resident requirements. Thus, in reality, it is possible for permanent residents not to become tax residents of Canada while maintaining their legal status as permanent residents in Canada. Read More
Recent Comments