General statistics
List of Youtube channels
Youtube commenter search
Distinguished comments
About
Marvin Fine
Nomad Capitalist
comments
Comments by "Marvin Fine" (@torontovoice1) on "How to Live in Three Places and Save Taxes" video.
There's no such thing in Canada as a foreign income exclusion. Only the United States will tax you whether you leave or not. So when you leave Canada you just file your final return, and you pay no tax at all providing you spend less than 6 months in Canada.
1
It's a very interesting strategy. I also have a Canadian passport along with a European passport. So if you have a business in Canada and your tax residences Canada what are you achieving? I guess you're getting away from the cold, and chili has the opposite weather so when it's winter in Canada it's summer in Chile. I get that. Canada has really gone downhill that's for sure. I guess this whole concept of trifecta really depends how old you are. If you don't mind living out of a suitcases, it could work. As you get older you need more health Care. Canada's healthcare system is terrible. People are waiting years for surgeries especially back surgery. I left Canada 13 years ago not because of the taxes, but because of the weather and the medical. How's the medical in Chile?
1