Deposits and Canadian Taxes

127

Posts

EW NEWBIE

Latest post on 14 July 2012 - 16:07

Hello, just went through all of this, but have a few different answers than katcalls gave, but this is revenue Canada and when you read the following it will help explain the differences perhaps. We have been overseas off and on for 12 years. Decided this time to go local hire and not get paid in Canada. We have always been considered factual residents in Canada. To be considered a non-resident in Canada is not clear online, or by phone for the most part. We visited a well practiced Int'l Tax Lawyer (Vancouver as well for us), Int'l Tax Accountant and numerous calls to Revenue Canada. The biggest thing they all said in common was, 1. close banks accounts/visas 2. DO NOT renew a drivers license 3. You can own property in Canada for rental purposes, (just like any other person can own property in Canada) BUT you have to pay tax on any income made on your rental. They all agreed it is wise to fill out the forms to claim non-residency and send it in BUT it is at the descretion of the person once you land back and canada and file your first taxes, even if you receive a letter saying that things look ok. "Many things can change over the years", I was told. We have lived in many countries and usually have always been paid in Canada, our last time in Qatar we were paid in Canada as well. When speaking with revenue Canada, I became quite chatty with the girl on the phone and to make a long story short this is what she said, It really is up the person who answers your call and takes your account on, upon your arrival back to Canada. We closed all accounts, loans, visas, memberships, even costco! Have letters from all of them to prove that we did as well. I have been through the opposite side of this as well, upon our return to Canada the last time they were telling us we were non-residents, meanwhile we had accounts, licenses, loans, visas, paid taxes and got paid in Canada == BUT i had to prove that I was a factual resident by providing statements of all kinds, storage locker bills... all sorts it took 6 months for me to prove that i was still a factual resident. I can only imagine how hard it will be to prove that I am not a resident! Sorry for the long note, but I just went through all of this in May and it's all VERY fresh ;o)

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parkclark

127

Posts

EW NEWBIE

Latest post on 09 July 2012 - 08:46

For water we bought the dispenser from C4 for around 200qr (I think) and had to pay 25 qr per bottle as a deposit. You can buy hala sim cards when you first arrive- pay as you go, around 50qr but you get some credit for that. Once you have RP you can get mobile and home phone/tv contracts, think you just pay a month up front and we got lots of free channels for first month.

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