How do i take all my funds during and after landing

[karan1987]

Hi ,

I am an Indian National working in UAE. My funds are mostly between FD's in India and my savings in UAE.
I am going to be doing my landing soon. But I will actually immigrate after a year. I am planning to take my FD'S with me during landing. So after a year when i take my UAE savings with me will that be taxable? I keep reading only income is taxable. Does that mean income after immigrating or income after landing?

Please assist.

Thanks

Karan

 

[steaky]

Hi ,

I am an Indian National working in UAE. My funds are mostly between FD's in India and my savings in UAE.
I am going to be doing my landing soon. But I will actually immigrate after a year. I am planning to take my FD'S with me during landing. So after a year when i take my UAE savings with me will that be taxable? I keep reading only income is taxable. Does that mean income after immigrating or income after landing?

Please assist.

Thanks

Karan

Income is taxable after you establish your residency in Canada.