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Depending on how much cryptocurrency you own, you may need to file a t1135 or face severe penalties if you don't. Cryptocurrency is considered a foreign investment, and if you have more than $100,000 of those, including stocks and property, you're over limit. Also, when leaving Canada, you...

Hi - there is unfortunately no simple answer to your question. CRA has lengthy explanations on the subject. You can be deemed resident as well as deemed non-resident independent of where you live. To get rid of your residence, you must file a departure tax form t1243 and a t1161. Know that...

A lot of misunderstandings about Canada Departure Tax. Canada Revenue explains in detail when people stop to be resident - it's about not having significant residential ties, such as property, family, memberships. A bank account can be a secondary tie - but if you have nothing else in Canada...