Can i work remotely and get Paid outside of Canada, while i have close work permit?

[g.hussain.dev]

Hi, Is it legal to work for a company outside of Canada remotely and get paid while on a close work permit? do I need to pay taxes just like I'm paying for getting a salary in Canada? or do I just need to pay income tax?
Also if my friend/family sends me money (outside of Canada of course) as support or gift, is that legal if so, while filing the tax do I need to pay tax on that, if so that will be income tax or what?

Thanks

 

[canuck78]

If you are on a closed work permit you should be working in Canada (minus business trips)=and paid in Canada.

Friends don’t just give people money. How much money are you talking about and is it yours to keep forever with no need to repay or do any favours for the person?

 

[canuck_in_uk]

Hi, Is it legal to work for a company outside of Canada remotely and get paid while on a close work permit? do I need to pay taxes just like I'm paying for getting a salary in Canada? or do I just need to pay income tax?
Also if my friend/family sends me money (outside of Canada of course) as support or gift, is that legal if so, while filing the tax do I need to pay tax on that, if so that will be income tax or what?

Thanks

Yes, it's legal for you to work remotely while in Canada. You need to declare and pay tax on your foreign income.

Yes, it's legal for people to send you money and no, you don't pay taxes on it.

 

[canuck78]

Yes, it's legal for you to work remotely while in Canada. You need to declare and pay tax on your foreign income.

Yes, it's legal for people to send you money and no, you don't pay taxes on it.

Above a certain amount FINTRAC will want to know why you are getting the money and where is is coming from.

 

[canuck78]

Yes, it's legal for you to work remotely while in Canada. You need to declare and pay tax on your foreign income.

Yes, it's legal for people to send you money and no, you don't pay taxes on it.

Hi, Is it legal to work for a company outside of Canada remotely and get paid while on a close work permit? do I need to pay taxes just like I'm paying for getting a salary in Canada? or do I just need to pay income tax?
Also if my friend/family sends me money (outside of Canada of course) as support or gift, is that legal if so, while filing the tax do I need to pay tax on that, if so that will be income tax or what?

Thanks

How did you get the closed work permit to work in Canada? Have you ever worked for the employer and job for which you received the closed work permit?

 

[canuck_in_uk]

Above a certain amount FINTRAC will want to know why you are getting the money and where is is coming from.

That doesn't make it illegal or taxable.

 

[g.hussain.dev]

Thanks, everyone for your response. basically I need to buy a car and some other stuff like MacBook, etc. I haven't received the salary yet and I wanted to transfer money from my Pakistani bank account.
Looking at the answers above I came to the conclusion that it is legal that you can transfer your money and spend in Canada.

If someone can provide any link to govt. website would be really great.

Thanks!

 

[g.hussain.dev]

How did you get the closed work permit to work in Canada? Have you ever worked for the employer and job for which you received the closed work permit?

I was working with this employer since 2015.

 

[g.hussain.dev]

Above a certain amount FINTRAC will want to know why you are getting the money and where is is coming from.

Thanks. Do you know that certain amount?

 

[canuck_in_uk]

Thanks, everyone for your response. basically I need to buy a car and some other stuff like MacBook, etc. I haven't received the salary yet and I wanted to transfer money from my Pakistani bank account.
Looking at the answers above I came to the conclusion that it is legal that you can transfer your money and spend in Canada.

If someone can provide any link to govt. website would be really great.

Thanks!

There is no link spelling this out.

 

[Canada2020eh]

Thanks, everyone for your response. basically I need to buy a car and some other stuff like MacBook, etc. I haven't received the salary yet and I wanted to transfer money from my Pakistani bank account.
Looking at the answers above I came to the conclusion that it is legal that you can transfer your money and spend in Canada.

If someone can provide any link to govt. website would be really great.

Thanks!

https://www.fintrac-canafe.gc.ca/intro-eng

Basically, with any money transfer into or out of Canada that exceeds 10,000 CAD in a 24 hour period the bank is required to report it to Fintrac. So keep your transfers to less than 10k and there will be no report filed. They are doing it looking for money laundering operations and financing terrorist activities. When I was building a house overseas I transferred a lot more than that at one time. The bank would tell me every time that they are obligated to report it.

The bank would ask what the purpose was and I presume add that onto the report. I never heard anything from anyone regarding it. Keep you transfers to less than 10k in a 24 hour period and you will have no issues, you probably wouldn't even if more than 10k but there is no reason to potentially draw their attention to yourself.