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Sale of foreign assets for non residents

vasuki_2007

Newbie
Oct 16, 2019
1
0
once we emigrate canada and become a non resident, can we buy and sell properties outside of canada? do we need to declare them? do we need to declare any bank interest earned outside of canada as a non resident?
 
Last edited:

steaky

VIP Member
Nov 11, 2008
14,298
1,628
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Once became non resident of Canada, there are no forms to declare your assets overseas and you only pay tax from your Canadian sources. However, you still buy & sell assets while you are resident.