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1 Table of Contents About the Author...v Preface... vii Chapter 1 IMMIGRATION TO CANADA...1 Skilled Immigrants (Express Entry)...2 How express entry works...2 Determine your Eligibility Federal Skilled Workers... 4 Minimum Requirements...4 Skilled work experience...4 Language ability...5 Education...5 Six selection factors...5 Proof of funds...6 Principal applicant...6 Other requirements...6 Determine your Eligibility Skilled Trades...6 Minimum requirements...6 Skilled work experience...7 Education...8 Language ability...8 Principal applicant...9 Other requirements...9 Determine your Eligibility Canadian Experience Class.. 9 Minimum requirements...9 Skilled work experience Education Language ability Principal applicant Other requirements Determine your Eligibility Provincial Nominees Language testing Quebec-selected Skilled Workers... 13
2 x MIGRATION TO CANADA Determine your Eligibility Quebec-selected Skilled Workers Start-up visa Determine your Eligibility Start-up visa Self-employed people Atlantic immigration pilot Caregivers Caring for children program Caring for people with high medical needs program Live-in caregiver program Immigrant investor venture capital pilot program.. 16 Family sponsorship Sponsor your spouse, partner or dependent children Who can become a sponsor? Who you can sponsor? A previous sponsorship undertaking Support payment obligations A performance bond Sponsorship bar for violent crime Sponsoring your spouse, common-law partner or conjugal partner If you are in a common-law relationship If you are in conjugal relationship Sponsor your parents and grandparents Canada selects sponsors Sponsor your relatives The Refugee System in Canada Tradition of humanitarian action Canadian refugee protection programs Refugee and Humanitarian Resettlement Program. 24 In-Canada Asylum Program Integration Services Travel to Canada/Citizenship Essential Documents... 26
3 xi Disclosure of Funds Health Documentation Other Documents You May Need Customs Declaration Card What to Declare Declare All Items Applying for Citizenship Determine your eligibility Citizenship Age Permanent resident status Time you have lived in Canada Income tax filing Intent to reside Language abilities How well you know Canada Prohibitions Chapter 2 TAX ISSUES Taxation of A Non-Resident Of Canada Income Tax Non-Resident Tax Return Income from Employment Income from Business/Professional Disposition of Capital Property Transfer of Taxable Canadian Property Capital losses Reduction of Canadian Tax Deductions Support Payments Registered Retirement Savings Plan (RRSP) Contribution Canadian Exploration and Development Expenses Employee Stock Options Amounts Exempt by Treaty or Agreement Losses Tax Credits... 41
4 xii MIGRATION TO CANADA Donations Student Loan Interest and Tuition Canada Pension and Employment Insurance. 42 Medical Personal Non-Refundable Tax Credits Non-Resident Withholding Tax New Non-Resident Form Expiry Date Limitation of Tax Treaty Benefits Management or Administration Fees or Charges Interest Estate or Trust Income Rent Support Payments Pensions Tax Relief Canadian Tax Relief Reduction of Tax on Rental Income Section 217 Election Tax Treaties Foreign Tax Relief Estate Tax Offshore Trusts Chapter 3 TAX TREATIES Overview Dual Residence Status Tie-Breaker Rules Types Of Income Business Income Rental Income Dividends Interest Royalties Capital Gains Independent Personal Services (Self-Employed)... 56
5 xiii Income from Employment Pensions Miscellaneous Double Taxation Special Provisions Tax Treaty Withholding Rates Chapter 4 IMMIGRATION TAX ISSUES Timing Date Of Arrival Capital Property Tax Return Year Of Immigration Timing Offshore Investments Offshore Trusts Immigration Trusts for Individuals Granny Trusts Testamentary Offshore Trust Exempt Foreign Trust Other Trusts Foreign Accrual Property Income (FAPI) Offshore Investment Funds Foreign Asset Reporting Requirements Foreign Property Foreign Affiliates Transfer and Loans to Foreign Trusts Distributions from Foreign Trusts Exception for First-Year Residents of Canada Dual Resident Status What if the Returns Aren t Filed? Addition of a Due Diligence Test March 21st, 2013 Federal Budget The Panama Papers The Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) Tax Information Exchange Agreements (TIEA)... 77
6 xiv MIGRATION TO CANADA Foreign Account Tax Compliance Act (FATCA) Improving Tax Compliance Cracking Down on Tax Evasion and Combating Tax Avoidance Chapter 5 RESIDENT OF CANADA (for Income Tax Purposes) General Comments Factual Residence Establishing Resident Status ITF S5-F1-C Residential Ties with Canada Primary Ties with Canada Dwelling Spouse and Dependents Secondary Residential Ties When Does Residency Begin? NR74, Determination of Residency Status Deemed Residence Sojourners Chapter 6 YOUR FIRST TAX RETURN Are You a Resident of Canada? What are Residential Ties? Canada s Tax System Compliance The Underground Economy Social Insurance Number Canada Child Benefit (CCB) and Child Disability Benefit (CDB) Property you owned before you arrived in Canada Do You Have to File a Tax Return? Which Tax Package Should You Use? What Date is Your Canadian Tax Return Due? Self-employed Persons Completing Your Tax Return Identification Example... 94
7 xv Information About Your Spouse or Common-law Partner Goods and Services Tax/Harmonized Sales Tax (GST/HST) Credit Application Income Deemed Acquisitions Deductions Registered Retirement Savings Plan Contributions. 96 Pension Income Splitting Moving Expenses Support Payments Treaty-exempt Income Federal Non-refundable Tax Credits For the Part of the Year You were not a Resident of Canada For the Part of the Year You were a Resident of Canada Federal Foreign Tax Credits Provincial or Territorial Tax Provincial or Territorial Non-refundable Tax Credits Provincial or Territorial Tax Credits Representative If You Move Chapter 7 IMPORTATION OF YOUR POSSESSIONS Importation of Your Possessions Who are Considered Settlers? Who are Not Considered Settlers? Actions Goods Admissible Goods Not Admissible Ownership, Possession, and Use Listing of Goods to be Imported Shipping Goods to Canada Accounting for Goods Goods to Follow
8 xvi MIGRATION TO CANADA Retention Period Penalty Information Requirements of Other Government Departments 110 Canadian Firearms Program Replica Firearms Explosives Fireworks and Ammunition Goods Subject to Import Controls Prohibited Consumer Products Food, Plants and Animals Prohibited Goods Public Health Health Products (drugs) Cultural Property Vehicles Restrictions on Temporary Importing Alcoholic Beverages Tobacco Products Blocked Currency Chapter 8 MISCELLANEOUS TAX RELIEF, RESIDENT OF CANADA Treaties Employment Income Prescribed International Organizations International Non-Governmental Organizations Foreign Tax Credits/Deductions Relocation Moving Expenses and Relocation Benefits Eligible Housing Home Relocation Loans Non-Accountable Allowances Benefits Counselling Services Educational Allowances For Children Group Term Life Insurance Policies: Employer-Paid Premiums
9 xvii Housing, Board And Lodging Housing Special Circumstances That Reduce the Value of a Housing Benefit Free Or Subsidized Board and Lodging Subsidized Meals Exception To The Rules Interest-Free And Low-Interest Loans Loans Received Because Of Employment Medical Expenses Professional Membership Dues Recreational Facilities Registered Retirement Savings Plans Stock Options Tax Equalization And Protection Chapter 9 APPLYING FOR HEALTH INSURANCE IN CANADA Immunization for Children Immunization for Adults Medical Surveillance For More Information Contacts Chapter 10 CANADIAN DRIVER S LICENCE Getting a Driver s Licence Use of Seat Belts Car Seats for Children Chapter 11 Chapter 12 GOODS AND SERVICES TAX (GST)/HARMONIZED SALES TAX (HST) What is GST/HST? Who Pays GST/HST? Who Charges GST/HST? Should You Register? CANADA PENSION PLAN AND OLD AGE SECURITY Canada Pension Plan (CPP) Canada Pension Plan enhancement
10 xviii MIGRATION TO CANADA Effects on CPP retirement pension and Post-retirement Benefit Old Age Security (OAS) Guaranteed Income Supplement Allowance Allowance for the Survivor Eligibility Deferring your Old Age Security pension Lived or Living Outside Canada Pensions and Benefits What is a Social Security Agreement? How can a social security agreement help me qualify for benefits? Canadian benefits Foreign benefits Applying for Benefits Canada s social agreements with other countries Further Information Chapter 13 DEATH AND WILLS Powers of Attorney Chapter 14 EMIGRATION APPENDIX INDEX DIRECTORY
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