Ask Allan Forum

Get expert answers to your tax questions straight from Allan, our owner and experienced CPA. It’s free, direct, and designed to help you make the best decisions when it comes to your taxes.

Notifications
Clear all

Tax residency

2 Posts
2 Users
0 Reactions
2 Views
Posts: 0
(@Anonymous)
Joined: 1 second ago
[#554]

Can I Be A Tax Resident Of Canada And Portugal At The Same Time? My Husband And I Are Planning To Live There 8-10 Months Of The Year On A Residency Visa. Is There A Way To Avoid Paying The Exit Tax If We Still File Our Tax With CRA Every Year While Living Most Of The Year Abroad? Thank You


1 Reply
Posts: 663
(@dexter)
Joined: 3 months ago

You cannot be a tax resident of Canada and Portugal at the same time according to the double taxation treaty between the 2 countries. You are deemed to be a resident of the country where your permanent home is located. If you have a permanent home in both Portugal and Canada, you are a resident of the country where your personal and economic ties are strongest.


Reply
Share: