5-YEAR TAX HOLIDAY

for

HIGH NET WORTH IMMIGRANTS

REVENUE CANADA WELCOMES YOU!

Revenue Canada provides wealthy immigrants with tax advantages unequalled in the developed world. You are about to discover one of them.

FACT

A Canadian immigrant is taxable on worldwide income upon becoming a Canadian resident - without necessarily being a Canadian citizen.

CANADIAN IMMIGRANT TAX INCENTIVE:

OFFSHORE IMMIGRATION TRUST

In order to encourage wealthy immigrants to come to Canada, the government allows them to set up an Offshore Trust, place their foreign assets into it, allow the assets to generate interest and capital gains tax-free for 5 years.

This means that as a wealthy immigrant, your assets held in an Offshore Immigration Trust are exempt from Canadian taxation.

Many High Net Worth Immigrants to Canada do not take advantage of this tremendous opportunity because they do not know it exists.

If you wish to enjoy this lucrative Canadian immigration incentive, it would be advisable to consider incorporating an Immigration Trust as part of your overall Pre-Immigration Tax Plan. Contact us for more information and help in setting up your Immigration Trust.

TAX-FREE CASH FLOW

You will not pay any Canadian income tax as long as the trustee of the trust capitalizes the Immigration Trust income and distributes capital to you in Canada.

BEST CANDIDATES FOR AN IMMIGRATION TRUST

Wealthy immigrants. People who expect to live in Canada but earn part of their income abroad. Executives who will be residents of Canada but will return to their countries of origin within 5 years. Immigrants who plan to acquire a Canadian passport in 3 years then cease to become Canadian residents.

TYPES OF IMMIGRATION TRUST ASSETS

The assets which may be placed in your Immigration Trust include: Cash, Securities, Real Estate outside of Canada, Shares of Foreign Corporations and more.

LENGTH OF IMMIGRATION TAX HOLIDAY

5 years (60 months) or less after you immigrate. If you were previously a resident of Canada, then you must deduct the amount of time you spent as a resident from the length of your immigration tax holiday.

WHEN TO SET UP YOUR IMMIGRATION TRUST

You may set up your Immigration Trust before or after you become a resident of Canada. It is best to set it up before in order to enjoy maximum tax benefits.

EXPIRATION OF YOUR IMMIGRATION TRUST

The trust dissolves after 5 years. It migrates to Canada. Where in Canada? Contact us to find out where to place it in tax-advantaged Canadian provinces.

EXTENSION OF THE 5-YEAR TAX HOLIDAY

There are a number of ways to continue your tax holiday. Some are simple while others are complex. Contact us for information and introductions that are best suited to your needs.

ASSETS REQUIRED TO MAKE

A CANADIAN IMMIGRATION TRUST WORTHWHILE

You will need about $2 million or more. The more assets you have, the more financially worthwhile this exercise becomes.

COSTS

There are a number of costs associated with setting up an Immigration Trust.: Legal Fees. Opinion Fees. Trustee Fees. Administration Fees. Professional Fees. They add up to a very small percentage of the money you will save in taxes.

STRUCTURE

There are several ways to structure an Immigration Trust depending upon the nature of the assets and beneficiaries of the trust. Most structures involve both a trust and a corporation. This will depend upon the complexity of your portfolio. Contact us for information and guidance.

IMMIGRATION TRUST LOCATION

The trust must not be located in Canada. It must be placed it in a low tax jurisdiction offshore. Contact us for information and guidance.

SOME ADVANTAGES OF AN IMMIGRATION TRUST

You enjoy all the offshore account privileges: Privacy. Creditor Protection. No Probate Fees. Feeling secure about your money while you are adjusting to Canada, your new country. If you decide to leave Canada within 5 years, there will be no departure tax.

PROFESSIONAL HELP IS ESSENTIAL

You will need professional guidance with: Pre-Immigration Tax Planning. Timing of your trust. Structuring your trust. Where your trust will reside. Assets to incorporate into your trust and how to do it. Reporting requirements. Protective measures. GAAR compliance and more.

FOR INFORMATION AND INTRODUCTIONS

PLEASE CONTACT

ROBIN BEHAR MBA

Financial Advisor

Montreal, Canada

PHONE

514-739-8157

PERSONAL EMAIL

robin.behar@gmail.com

DISCLAIMER