Canada Tax Questions Answered by Experts
Thanks for your response.
If i have the current asset value 10,000 (when i reach canada) and suppose will be 12,000 just before getting canadian residence and then reaches 15,0000 before I realize this profit of 5,000 (got my asset liquidated or convered into some other asset). How much of it will be taxed in canada (i.e. 3,000 or 5,000).
I currently hold Franklin Templeton Lux Mutual Funds (available in UAE) , can I (once i get residence) still hold those funds or i have to purchase or convert these funds with the ones available in the Candian Market.
Would appreciate your response