If you did not maintain your residency in Canada for the required period of time, you may have been deemed to have lost your PR card. You should speak to a good Canadian immigration lawyer ASAP to look at your options.
2007-03-14 10:02:30
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answer #1
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answered by gojulie 3
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Who do you artwork for and what form of artwork do you do? particular forms of artwork must be complete via potential of employing telecommuting, and a few employers enable their workers to telecommute, a minimum of section-time. This telecommuting decision is the only way you would be able to opt to be able to entice a income or hourly earnings. the a number of decision, returned in accordance with what form of artwork you do, your skills, adventure, etc, is freelancing, consulting, etc. particularly, you very own your individual biz, get your individual shoppers & shoppers, set your individual hours, costs, etc. As for taxes, optimistic, you're undertaking to taxes in the two worldwide places. US electorate AND "US persons" as defined via potential of IRS are undertaking to US taxes on worldwide income from all factors. residing in Canada, you become undertaking to Canadian taxes as exact. For earned income, if as an party, you have been telecommuting with US employer or an worker of a Canadian employer, there is the distant places Earned income Exclusion. on the instant, it particularly is around US$ninety,000 (variations each 3 hundred and sixty 5 days), so the 1st $90k+ of earned income would possibly be excluded out of your earned income and US taxes might prepare above that. Plus the taxes you pay in Canada are credited against US income taxes owed. Canada will tax the accomplished whack of your income. internet effect is you likely will pay little or no longer something to US for the reason that Canadian taxes are particularly intense. for various income (pastime, dividends, capital constructive factors, etc), you besides the reality that pay US income taxes, and no exclusion. in case you come across a job with a Canadian employer and artwork there, you reside undertaking to US taxes - submit to in recommendations, US taxes on worldwide income from all factors. in case you ever become a citizen of yet yet another u . s ., you would be able to renounce your US citizenship, pay the go out tax (40 2% of international materials, alongside with all unrealized constructive factors), and found an end to the yoke of the IRS. yet it particularly is the only way for US electorate & diverse "US persons" to end household projects to pay US taxes. This double taxation is a important explanation why the numbers human beings electorate renouncing citizenship has taken a dramatic bounce.
2016-11-25 19:52:44
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answer #2
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answered by villalobas 4
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