I would like to ask one quick question. I have the visa stamped and not landed yet to Canada. My planned landing date is June 2017. I have some inherited asset like land and building in India ( home country) . That I am planning to dispose of in 2020 ( after three years of landing ).
1. The disposed proceeds , is it possible to transfer to my bank account in Canada in 2020 without any tax ?
2. Should I declaring anything at the time of landing the value of the assets that I own in the home country ? I saw two forms like the things with me at the time of landing and the things that follow .. But nothing mention about the expected Cash that follow...
Please advice.... Thanks in Advance.
1. The disposed proceeds , is it possible to transfer to my bank account in Canada in 2020 without any tax ?
2. Should I declaring anything at the time of landing the value of the assets that I own in the home country ? I saw two forms like the things with me at the time of landing and the things that follow .. But nothing mention about the expected Cash that follow...
Please advice.... Thanks in Advance.