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  1. X

    Does self employed outside Canada count?

    This is vey confusing. anyway I am just canceling the idea of PR. Visitor visa is what would fit my situation. Thank you all
  2. X

    Does self employed outside Canada count?

    Basically, you are allowed earn up to $14,398 tax free in the tax year if 90% or more of your total income was sourced in Canada. https://www.taxback.com/blog/declaring-foreign-income-in-canada/#:~:text=Basically%2C%20you%20are%20allowed%20earn,income%20was%20sourced%20in%20Canada. Is this right?
  3. X

    Does self employed outside Canada count?

    From my understanding and I could be wrong, you have to file, but you pay once you exceed $100k in Canada you get only 12000 tax free and 90% of the income has to be made in Canada. I am defiantly canceling the idea of PR. It is not in my interests.
  4. X

    Does self employed outside Canada count?

    The money is not generated in Canada. It is not made in Canada. Currently I don't get taxed. It would not be in my interest to move there and get hit with all these taxes. I know other countries such the US wont tax you unless you make above $100,000. But in Canada the bar is so low. I am...
  5. X

    Does self employed outside Canada count?

    I used a calculation based on $50,000 in Ontario Federal=$4545 Province=$2176 CPP/EI= $5301 Lets say I don't work in Canada at all. I just live there. I just make $50,000 from properties and stocks in my origin home. Do I get taxed the same? Is there a different method of taxation?
  6. X

    Does self employed outside Canada count?

    Do I pay province tax? or just f So, there are 3 taxes - Federal - Province - CPP/EI Premiums Lets say I live in Canada on the income I generate back home. Lets say $50,000 per year I make $0 in Canada What taxes do I have to pay? All three taxes?
  7. X

    Does self employed outside Canada count?

    I am not much worried about the trucking business at this minute. I don't get taxed now in UAE. Moving to Canada would be an economic decision that needs to be calculated. I could get a job in UAE as a petroleum engineer and make a true $150k. My purpose to move to Canada is explore the...
  8. X

    Does self employed outside Canada count?

    I get taxed for the money generated in my home? I think I am better of not coming to Canada Honestly, this doesn't seem a good option to me. I put $65,000 in my account last year from Uber. Average salary in Canada is $60k. I've to pay taxes and all that. I would lose so much money this way...
  9. X

    Foreign income tax for PR

    what taxes do I pay ? lets say I live in Canada but I've stocks dividends and other income outside Canada that total up to $25,000 I make $0 in Canada. What taxes do i pay in my foreign income? Federal? Province?
  10. X

    Does self employed outside Canada count?

    If I ran business back home and get PR, My home business would be taxed too? even if the money was generated outside Canada?
  11. X

    Foreign income tax for PR

    Lets say I want to immigrate to Canada and get PR. Lets say I have stocks in my country and they pay yearly divined of $15,000 and I have a house back home that I rent for $10,000 per year My total income that was 100% generated in my home country is $25,000. There is no income tax in my...
  12. X

    Does self employed outside Canada count?

    I am fluent in English but not French. I did Uber full time and I grossed the equivalent of $65,000 CAD. $65,000 is what went to my account because there is no income tax in my country. The salary I made is probably equivalent to $90,000 pre tax in Canada. What if I want to open trucking...
  13. X

    Does self employed outside Canada count?

    My qualifications are: - I hold BS / MS degree in petroleum engineering from a US College. Then I went back home and started doing Uber which really worked well for me. - 2 years experience of full time food deliveries. I made equivalent to $65,000 CAD per year. I have logged everything. -...