canada

If I get paid by US customers and deposit the cheques in a checking account in a US bank (most notably one that won’t earn $10 in interest per year), will this get reported to the Canadian tax authority? My understanding from the fatca agreement that the two countries have is that as long as the...

First post, be gentle, please. I'm a Canadian tax resident, running a consulting business, invoicing my (currently ) mostly Canadian clients through my Canadian corp. Starting to live & (quietly) work remotely > 6 months a year in the Philippines — a non CRS country that seems happy to let me...

Nomads normally go into more categories – most commonly, you will find digital nomads, who work online for themselves or for different companies while traveling the world. There are also nomads with businesses, who only choose to travel the world while making money with no work. Traveling the...

The United States is one of the few countries whose immigration laws allow some of the world's most skilled people to work and live there. But having the residency and working permit requires applicants to undertake a sometimes difficult, involved process that has been refined over decades...

I have a question for Canadians. Just recently I and my spouse received Panamanian residency and we're looking to move out of Canada to Panama. The tricky part is that I own a corporation in Canada (50/50 with my spouse). We have opened the company in Panama. My question is how to move my...

Greetings, I am a recent retiree that is lucky enough to have retired relatively young, with a decent pension (atm) and I have also accumulated just under a million in assets which i can easily liquify. As i look at my home country spending itself deep into debt (ala Argentina), governments...

About eight out of 10 permanent residents of Canada apply for citizenship as soon as they become eligible. It looks like Canadian citizenship is a desirable alternative to other nationalities and for some good reasons. Now, every individual out there will be targeted by different circumstances...

I'm a Canadian citizen who has the opportunity to maintain my income and relocate anywhere in the world, my employer doesn't care where I live. I'm investigating a serious life change to move to UAE (Dubai) in order to receive my income tax free. I've been approved for the remote-work visa of...

My situation is as follows: I am a dual Canadian and UK citizen, residing in Canada where I plan on staying I provide management consulting services to clients that are based in the US. Clients are (mostly) US companies and the work I do is for the US company/subsidiary. However, I perform the...

Hey, Will I need to pay income cooperation tax if I am a Mexican born citizen, with legal cooperation in Mexico and that does online business only in Canada selling physical products? Thanks!

Hi everyone! I would like to share my experience of working with Yoritex Inc. The purpose of our cooperation with this company was to register a partnership to maintain an internet advertising business, bank account in USD, and ensure the partnership's further activities in Canada. It all...

Hi, Wizards! I am a dual citizen of Canada and an Eastern European (non-EU) country. I have this: 1. Company 'A' in Canada where I am a single owner as a Canadian citizen and have paying clients 2. Company 'B' in Eastern Europe (non-EU) where I am a single owner as that country's citizen...

Hello Friends, I went trough the whole process as a non-resident and I like to share my experience. My income: 20k per year Canada LP: It's a mailbox in ontario, no office or physical presence Why I chose Canada LP? Reason1: Write Invoices to my client in Switzerland. Canada has a reputation...

Hi my name is Derbo, first I want to thank the admins here, I am impressed. What is different here to other forums is the warm help you give to people and the overall caring-feeling I get here in the forum. Well done! This is a fantastic community and I am happy to be a part of it now. I am...

I am wondering if this makes sense. 2 Polish owners of a Canadian LP (therefore no tax, privacy of directors) owned by Cayman Islands Exempted (and Cayman bank account, which allows ICOs/crypto whereas Canadian banks do not AFAIK). The idea is avoidance of the Polish 19% Corp tax...but there...