Offshore working
 

Hi Guys,

Just a quick, probably complicated question. I am still serving British military, own a house in Canada, am a Canadian citizen but ahve never lived there permanently yet. I have sponsored my wife for PRV, which she has now.

I have been offered an offshore job in the Middle East, Tax-free, for at least a 4 year contract. If I was living in UK, I would register as non-dom and have to only be in-country for 90 days a year for the first 2 years at least. (Something like that - don'y take me to task!!). What I want to do is get out the Army, move to Canad and take this job offer up. What I don't want to do is pay tax on my earnings because that would negate the reason for doing it.

Is there therefore a similar non-dom, expat tax scheme in Canada as there is in UK. I am not trying trying to swindle anything just find out if it is worth getting this job.

Cheers,
Jim

Re: Offshore working
 

Jim

from my knowledge (and its not extensive) it will boil down to whether or not you are deemed to be 'Tax Resident' in Canada.

From what I can gather several factors could make the authorities consider you a tax resident of Canada.....owning a house in Canada.....(and not owning a house anywhere else) would be a big factor......your wife and kids living in Canada whilst you were away would also be big factors.......holding bank accounts, credit cards investments in Canada would all be factors as well

I am sure that some one will be along with a definite answer. There is a whole section in the Canadian Inalnd Revenue Rules which is dedicated to this exact point

jimmydean

Re: Offshore working
 

Cheers mate,

Well all of those factors apply and would apply when I move there - I ahev a house, wife and kids'll be there etc.

It's a bit of a show stopper for me actually - I may have to rent in the UK till I finish the offshore contract.

I just thought there must be Candian expats working abroad - oil industry whatever - - with homes and families in Canada.

Cheers,
Jim