- Nov 3, 2013
- 11
- Category........
- Visa Office......
- CIO
- Job Offer........
- Pre-Assessed..
- App. Filed.......
- 29-08-2014
- AOR Received.
- 09-01-2015
- IELTS Request
- Sent With Application
- Med's Done....
- 04-08-2016(Upfront)
- Passport Req..
- 14-04-2016
- VISA ISSUED...
- 19-04-2016
- LANDED..........
- 29-04-2016
Hi,
Recently i moved to USA to work on TN visa and i am Canadian citizen. To be considered as non resident from Taxes perspective, as per CRA website i shouldn't have any strong ties to Canada. i am not holding any property in canada, but i do have funds in my Canadian bank account. As per tax consultant, i should not have any money in my accounts as well. I checked with the bank in USA where i have account, they said they will inform IRS if they see any transfer more than 10K. will i be taxed by IRS for the money i am planning to transfer? My Canadian bank account has savings from all these years. after few years working in USA i will be moved back to canada and again i need to transfer money back to canada, if so, will CRA ask me to pay tax on that?
not sure what to do. appreciate if any can advise.
Recently i moved to USA to work on TN visa and i am Canadian citizen. To be considered as non resident from Taxes perspective, as per CRA website i shouldn't have any strong ties to Canada. i am not holding any property in canada, but i do have funds in my Canadian bank account. As per tax consultant, i should not have any money in my accounts as well. I checked with the bank in USA where i have account, they said they will inform IRS if they see any transfer more than 10K. will i be taxed by IRS for the money i am planning to transfer? My Canadian bank account has savings from all these years. after few years working in USA i will be moved back to canada and again i need to transfer money back to canada, if so, will CRA ask me to pay tax on that?
not sure what to do. appreciate if any can advise.
