Quote:
Originally Posted by spicytuna
Thanks for the reply.
I did some research since my initial post...
As a Canadian resident living in Japan, it looks as though I'll be paying Canadian income tax on my Japanese income (minus the tax already deducted by Japan). That's ridiculous but I don't think I'll give up my resident status for the first year - even if it was possible to do so.
As for my capital gains, it looks like it'll be business as usual.
Does this sound right?
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That's the way the system works. My dad had to that until he just moved back to the US.
Were you born here ? If so there is NOTHING you can do to "lose" that. If you weren't born here or are a new citizen then I have no clue