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I'll be relocating away from Canada to Egypt and I had some
Second Opinion] Hi, I'll be relocating away from Canada to Egypt and I had some questions about the process of relocation and updating my residency status with the CRA. Here some information about my … read more
Debra
Debra
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Doctoral Degree
138,464 satisfied customers
I landed in Canada in May 2019 to get my PR card, and within
I landed in Canada in May 2019 to get my PR card, and within a month left back to Qatar, where I currently reside. I have been living in Qatar all my life, I studied here, am employed here and also have my business here. I do plan to move to Canada to get the Canadian citizenship, however, I could stay in Qatar longer than originally planned and risk losing my PR card (that expires June 2024). When I landed, I opened up my individual bank account with TD, and also a direct investing account with them, as I am very interested in the stock market, and related investments. Since 2019, I have been adding funds to my portfolio very regularly, and have grown my account quite considerably. Given that I am not a citizen, and also the fact that I might lose my PR card (after 2024), I would like to look into ways to secure my Investments in Canada on a more permanent basis. I could think of some of the following points to do this, and also please feel free to add to this, other ways in which I could reach my objectives: Set up a company (related to capital investment/stock trading etc) in Canada, and move my Portfolio to this company, as opposed to just holding shares as an individual. I believe such a move would enable me to secure my investment portfolio, regardless of my PR status/citizenship, etc, while living in Qatar, or any other country outside of Canada. I do need your input on this however, as I want to choose the most favourable option for myself as an investor. Also, I would like to know taxation implications incase I do chose to open a company. Furthermore, If I open a company now as a PR holder, and in future if I do not have a PR status/neither do I Live in Canada, do I still maintain complete ownership of this company, or do the regulations change. … read more
Debra
Debra
Lawyer
Doctoral Degree
138,464 satisfied customers
Canada ,Recently I got a job as consultant out of Canada,
I am PR In Canada ,Recently I got a job as consultant out of Canada , which authorizes should I inform to tell about my new status ? … read more
JJL11
JJL11
Lawyer
Bachelor of Laws
1,423 satisfied customers
I am a canadian citizen residing outside canada, i want to
Hi, i am a canadian citizen residing outside canada, i want to work on amazon and for that i wanted a comoany account, is it possiblw for me to open a company in canada being a non resident? Only comp… read more
Debra
Debra
Lawyer
Doctoral Degree
138,464 satisfied customers
I am an alien-non resident I have some assets in a Canadian
I am an alien-non resident I have some assets in a Canadian bank (shares, bonds) I have two sons, also non canadien and not resident in Canada What is the inheritance tax they have to pay at my death … read more
Debra
Debra
Lawyer
Doctoral Degree
138,464 satisfied customers
What steps should be taken when an elderly parent dies
What steps should be taken when an elderly parent dies without a will? Assets are minimal (a bank account and some stocks, value of less than $70 000). There are four children.… read more
Debra
Debra
Lawyer
Doctoral Degree
138,464 satisfied customers
I am a canadian naturalized citizen who has been living outside
I am a canadian naturalized citizen who has been living outside canada the past 10 yrs. i just finished school and will start working outside canada. i am wondering if i need to pay income tax as i am… read more
Law.Hut
Law.Hut
Lawyer
Law degree (Juris Doctor)
6,458 satisfied customers
This question relates to management of offshore investments
This question relates to management of offshore investments for UK residents. My situation is as follows: 1. Until October this year, I was a Canadian resident with Canadian citizenship. I am now resi… read more
Expert
Expert
I am a Canadian citizen and want to travel abroad for 2 yrs.
I am a Canadian citizen and want to travel abroad for 2 yrs. Outside of Canada. My husband is a US citizen but has been a Canadian resident since May 2009What do we have to do not to have problems wit… read more
Debra
Debra
Lawyer
Doctoral Degree
138,464 satisfied customers
As a US citizen, non-Canadian resident, how can I utilize RBCs
As a US citizen, non-Canadian resident, how can I utilize RBC's Dominion Securities or TD Waterhouse(?) for investing in Canadian GIC's, Commodities, Equities, Government bonds, Canadian ETFs, and mut… read more
Debra
Debra
Lawyer
Doctoral Degree
138,464 satisfied customers
I am an American. I want to open a stock brokerage account
I am an American. I want to open a stock brokerage account in Canada. Canadian stock brokers tell me that it is not allowed. Is this true? My goal is to have an investment account that uses Canadian d… read more
D.A.M.
D.A.M.
Principal Attorney
Doctoral Degree
2,755 satisfied customers
Hi there,i am looking for some one to guide me on my tax
Hi there, i am looking for some one to guide me on my tax status as a non resident canadian. 1- if i buy a house in canada 2- if i transfer my assets into canada, which was earned outside canada thank… read more
Debra
Debra
Lawyer
Doctoral Degree
138,464 satisfied customers
My father is still alive and wanted me to be the executor of
My father is still alive and wanted me to be the executor of his will. He is 82 years old and lives in Sarnia, Ontario.… read more
Debra
Debra
Lawyer
Doctoral Degree
138,464 satisfied customers
Hello, I have one question about my non-residency application.
Hello, I have one question about my non-residency application. I filed an application for Canadian non-residency in 2008, and they deemed my family as a factual resident. In the application, I said I … read more
D.A.M.
D.A.M.
Principal Attorney
Doctoral Degree
2,755 satisfied customers
I became a landed immigrant/resident of Canada (from the U.K)
I became a landed immigrant/resident of Canada (from the U.K) on the 10th if July 2009 but spend over 6 months of the year working in Libya. I own a home in Canada and have a bank account there but do… read more
Sokkalaw
Sokkalaw
Lawyer
Bachelor's Degree
312 satisfied customers
I am a US citizen. Have a brokerage account in Canada and now
I am a US citizen. Have a brokerage account in Canada and now would like to open a bank account and get a safty deposit box in a Canadian bank to keep some gold coins in. What are the laws associated … read more
Debra
Debra
Lawyer
Doctoral Degree
138,464 satisfied customers
New Immigrant-Canadian Residency requirement-Self Employed professional
I have just received my Canadian permanent Residency -Skilled Worker In India I have a professional Consulting firm. I cannot give it up immediately. So I wish to 'land' in Canada - register a Sole pr… read more
Debra
Debra
Lawyer
Doctoral Degree
138,464 satisfied customers
US citizen. Wish to open bank account in Canadian Bank; ...
US citizen. Wish to open bank account in Canadian Bank; need bank card. Probably need Canadian proxy address. Reaon: Wish to gamble, Blackjack, at Online cassinos. That is now imposible by foolish US … read more
Debra
Debra
Lawyer
Doctoral Degree
138,464 satisfied customers
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