Search found 4 matches

by deegarvin
Sun Apr 28, 2013 2:55 pm
Forum: Forum 1. From Questions About ISS & Search to Anything and Everything About International Teaching
Topic: severing ties with Canada for tax purposes
Replies: 40
Views: 41080

[quote="IAMBOG"]The thing is, the Canadian government likes to keep things in shades of grey, not black and white. That said, my principal (who is reliable and trustworthy) says our school has had 120 teachers go through it in the last seven or eight years and, as far as she knows, nobody has had a problem when they returned.[/quote]


Apparently, Canadian ex pats get nailed for taxes when they return quite often. I read an article by an international tax accountant from Vancouver and he talked about the many different scenarios where this would happen. I cannot seem to find the piece right now but will post it once I do.
by deegarvin
Fri Apr 26, 2013 10:09 am
Forum: Forum 1. From Questions About ISS & Search to Anything and Everything About International Teaching
Topic: severing ties with Canada for tax purposes
Replies: 40
Views: 41080

Here is a good article, simply written, about what we need to do to make sure we sever ties with Canada for tax purposes:

http://caribpro.com/Caribbean_Property_ ... In_Bermuda
by deegarvin
Wed Apr 17, 2013 7:33 am
Forum: Forum 1. From Questions About ISS & Search to Anything and Everything About International Teaching
Topic: severing ties with Canada for tax purposes
Replies: 40
Views: 41080

severing ties with Canada for tax purposes

I'm not sure where this subject goes on this website but I will try here first.

Could anyone enlighten me about how difficult it is to sever ties with Canada for tax purposes? I want to teach overseas but if Canada takes a big tax chunk out of a little salary then I will be struggling financially.

I will eventually talk to an accountant but that costs big bucks so I just need a general overview to see if it's worth it or not.

Canada expects its citizens to report worldly income. And unless you sever ties you will be taxed on this income. The country I will be going to has no tax treaty with Canada but also offers a tax free salary.

Anyway, for people who have gone through this already, did you have to sell off all or some of your investments and get hit with a 25% departure tax? Apparently, we have to stay out of Canada for many years or the tax man could still send us a whopping bill upon our return. Yikes!

As I type this I realize every situation is different and it looks too complicated to discuss in this forum. I guess I was just looking for general comments.

Thank you.
by deegarvin
Sun Mar 03, 2013 2:33 pm
Forum: Forum 1. From Questions About ISS & Search to Anything and Everything About International Teaching
Topic: Canadian International School (CIS) - Vietnam
Replies: 21
Views: 44378

Canadian International School (CIS) - Vietnam

Hello all,

Just wondering if anyone has any recent experience with Canadian International School (CIS) - Vietnam? The last and only review was in 2010 and it wasn't that great.

Thank you,

Diane
Ontario Certified Teacher (OCT)