Distrust of the government to in the future broaden their tax base with taxation by citizenship, honestly I am just a little paranoid and perhaps let my distain for my government cloud my vision.Are Your taxes, paid, because there are exit taxes based on the value of your assets when you leave permanently.
Understand if you don't pay they will seize your passport eventually.
Leaving Canada (emigrants) - Canada.ca
Information for individuals who leave Canada to settle in another country and who are considered emigrants for income tax purposes.www.canada.ca
If you paid all your tax, why the need to move it out in a shadowy way that will make it hard to legitimize the funds down the road?
Nothing shady besides that, all hard work and sound investment funds... I don't need to legitimize them in any way, I just desire to have the trail to disappear from people I don't trust (if possible) so they don't get a say or don't have enough knowledge to come at me if I do well with my investments down the road...
However, like I said I could just be being overly paranoid, and spiteful of people I disagree with politically, whom I believe are ruining my home country economically.
thanks!
