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Nonresident question

fromEast

Newbie
Oct 19, 2016
5
0
Does any friend know as a nonresident, does one need to disclose his foreign asset in excess of 100k and property? Or does he just need to report it when he finally comes back to Canada? Thanks.
 

torontosm

Champion Member
Apr 3, 2013
1,677
261
fromEast said:
Does any friend know as a nonresident, does one need to disclose his foreign asset in excess of 100k and property? Or does he just need to report it when he finally comes back to Canada? Thanks.
As a nonresident, there are no disclosure requirements.