Would opening a bank account make me laible for taxation

[cooldoc80]

Dear Experts

I plan to land next month for a short visit , my plan to let my wife settle in canada 6 months a year while i will visit her from time to time ( keeping in mine the 2/5 years Obligation)

my question is regarding the first 3 years after landing which i will only be in canada for approximately 3 months a year and my wife 6 months a year.


I will be working in my country of origin as there is a contract that i cant break for the next couple of years , i already know that if my wife is present in canada for more than 6 months that would make me liable for taxation .


BUT MY QUESTION IS THE FOLLOWING :
Does opening a bank account in my name with my savings would increase the possiblity of me getting taxted or this would not have any influence , or this dosent make any difference at all ?



thanks

 

[cooldoc80]

Up

Guys could anybody please please help

 

[NN74]

No and you could keep your account with bare minimum to avoid monthly service charges after 1st free year.

But why would you be keeping your savings here when you are not resident fully nor your wife!

Dear Experts

I plan to land next month for a short visit , my plan to let my wife settle in canada 6 months a year while i will visit her from time to time ( keeping in mine the 2/5 years Obligation)

my question is regarding the first 3 years after landing which i will only be in canada for approximately 3 months a year and my wife 6 months a year.


I will be working in my country of origin as there is a contract that i cant break for the next couple of years , i already know that if my wife is present in canada for more than 6 months that would make me liable for taxation .


BUT MY QUESTION IS THE FOLLOWING :
Does opening a bank account in my name with my savings would increase the possiblity of me getting taxted or this would not have any influence , or this dosent make any difference at all ?



thanks

 

[cooldoc80]

Thanks buddy , the reason why is because my country is on the verge of a civil war and any minute it may transform to hell and i cant leave because i have a 3 year contract to fulfill otherwise i have to pay a huge amount of money for breaking the contract ..


other forum member said as long as my wife is staying more than 6 months a year this means i fulfill one of the major Ties of the CRA for paying taxes ?

thanks

 

[steaky]

Thanks buddy , the reason why is because my country is on the verge of a civil war and any minute it may transform to hell and i cant leave because i have a 3 year contract to fulfill otherwise i have to pay a huge amount of money for breaking the contract ..


other forum member said as long as my wife is staying more than 6 months a year this means i fulfill one of the major Ties of the CRA for paying taxes ?

thanks

If this is so, why don't you consider to put your money elsewhere?

 

[cooldoc80]

thats what i will do steaky , i will put in Canada .....