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Tax on Fixed Asset

atzquebec

Hero Member
Aug 6, 2015
429
94
Visa Office......
Abu Dhabi
Job Offer........
Pre-Assessed..
Med's Done....
01-08-2015
Passport Req..
01-09-2015
VISA ISSUED...
01-10-2015
LANDED..........
April 21 2016
Hi,

We became PR but not residing in Canada currently. We own couple of properties in our home counytry, but we are not earning any income from them.

After we move permanently to Canada, do we have to pay taxes for properties we own, assuming we are still not earning any income from those at that time ?.
 

HamiltonApplicant

Hero Member
Apr 3, 2017
488
122
Hamilton
Visa Office......
Munich, Germany
App. Filed.......
Jan 2007
Med's Request
Dec 2009
Med's Done....
Jan 2010
Passport Req..
Apr 2010
VISA ISSUED...
May 2010
LANDED..........
25-11-2010
Hi,

We became PR but not residing in Canada currently. We own couple of properties in our home counytry, but we are not earning any income from them.

After we move permanently to Canada, do we have to pay taxes for properties we own, assuming we are still not earning any income from those at that time ?.
No
 

Investocrat

Star Member
Jun 4, 2017
115
30
Winnipeg
Hi,

We became PR but not residing in Canada currently. We own couple of properties in our home counytry, but we are not earning any income from them.

After we move permanently to Canada, do we have to pay taxes for properties we own, assuming we are still not earning any income from those at that time ?.
If no income is being received, no taxes are due.
 

atzquebec

Hero Member
Aug 6, 2015
429
94
Visa Office......
Abu Dhabi
Job Offer........
Pre-Assessed..
Med's Done....
01-08-2015
Passport Req..
01-09-2015
VISA ISSUED...
01-10-2015
LANDED..........
April 21 2016