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Taxing our potential income from abroad

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G

Gog

Newbie
Mar 29, 2012
2
0
Hi,

We are soon to arrive in Saskatchewan from the UK for work and will be in country for a few years. We have not yet decided to stay 'forever' as we obviously want to make sure Canada is right for us.

If we do decide to stay we plan to sell our house in the UK, obvioulsy there will be some 'profit' on this after the mortgage is paid off. My question is, when bringing this money in to Canada to then purchase a property will this be taxed, if so how much of the money will we lose?

Thanks
Gog
 
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