10/26/2026
π Moving back to Canada after years abroad? Your foreign investments may have tax implications you need to understand.
β‘οΈ Once you re-establish Canadian tax residency, your worldwide income may become subject to Canadian taxation, including income from foreign investments.
π° The fair market value of certain investments when you become a Canadian tax resident again may affect how future capital gains are calculated.
π You may also have CRA reporting obligations, including Form T1135, depending on the type and value of your foreign assets. Special rules may apply in your first year of residency.
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Planning ahead and keeping proper records can help you understand your tax obligations and avoid unexpected surprises.
π© Contact NU Professionals for professional support with your Canadian tax matters.
π 647-861-2099
βοΈ [email protected]