Why would you pay tax in Canada if you moved to Dubai 😅 Your a clown
@igorshamrylo201214 сағат бұрын
Thank you for your video. I agree with you. Could you please make a video of the lifestyle in Dubai? Any interesting activities, or gatherings of interesting people. Thank you.
@robertduklus655521 сағат бұрын
I have a corporation, not active anymore with around 500 k in retained earnings. Is there any posibility not paying personal taxes all at once on it upon departure?
@Life-With-Tim16 сағат бұрын
Very unlikely, if you want personalized advice email me at: [email protected]
@alcirabello91883 күн бұрын
Thanks for taking the tima to explain how to leave Canada.
@wscrivner3 күн бұрын
Now I'm hungry after looking at all the food! 😆 Nice video - KL seems like a fun place to visit.
@ankitseksaria3 күн бұрын
Excellent video.
@lukesilvamusic4 күн бұрын
Great breakdown!
@TechWithSabri5 күн бұрын
Hi Tim Thank you for the huge information that you shared In addition to what you mentioned at the end, could you please also add in your video about how to get sponsors and how these sponsors or companies contact you ( email, social media or …) ? How do u know if they are real companies and they want to do a collaborative project with you? Thank you!
@techbible.6 күн бұрын
Love it 🙌
@helenasalvetova47756 күн бұрын
Hi Tim How could you leave your cat? Couldn't bring it with you? That is really sad. The reasons for leaving I'm right there with you. In my country when I counted everything even taxes on gas I got to 85% direct and indirect taxes combined.
@Life-With-Tim6 күн бұрын
It was tough decision but I know she will have a better life with the family she is with. Moving a cat over 10k kilometres is not easy, I also travel so much that I just can’t care for it :/
@dimitardimitrov88076 күн бұрын
Did you start charging in USD instead of CAD or was it always USD? Also how the hell do you spend 150k lol
@Life-With-Tim6 күн бұрын
Since I moved to UAE it now just makes more sense to track everything in USD.
@sourishsharma176 күн бұрын
Very intriguing, thanks!
@EmmanuelBronyah6 күн бұрын
You are an inspiration Tim. Thank you very much.
@megaguys-b8k11 күн бұрын
Nice vid
@peppernsalz11 күн бұрын
This is horrendous. From your video, I understood if I sold my house and was my primary residence I don’t owe any taxes. Also, if I returned my car which was on lease, I don’t think I owe anything. Am I right?
@Life-With-Tim11 күн бұрын
Yes unless you have assets like stocks, bonds, or pretty much anything else that has a capital gain unrealized.
@keangwooichoo613811 күн бұрын
Common salary in malaysia is like 700 to 1000usd per month!
@keangwooichoo613811 күн бұрын
Lalaport is a japanese mall
@keangwooichoo613811 күн бұрын
300 to 400 ringgit per week is ok, normal
@keangwooichoo613811 күн бұрын
Din tai fong is Taiwanese. Over rated
@keangwooichoo613811 күн бұрын
Control your rental, you save more
@keangwooichoo613811 күн бұрын
If you stay one month it is more accurate. If you convert usd to ringgit it is of course value for money
@xanithkl11 күн бұрын
That is not cheap at all, but glad u enjoyed your time here, and recommend malaysia as affordable destination.
@Life-With-Tim11 күн бұрын
Agreed but it’s “cheap” relative to what I got, let’s use value instead
@SanyHand11 күн бұрын
Bali is overrated.
@GoodLife-ru8di11 күн бұрын
Even having a furniture in Canada? Hahahaha
@Life-With-Tim11 күн бұрын
Yes, as silly as it sounds
@SirLolawut11 күн бұрын
Content these days are just privileged developed people screaming underdeveloped places as "cheap" lol Most Asians can't live the life you claim as cheap and your attempt to bring in more privileged people will inadvertently increase the cost of living of locals. Just come as a tourist and go. This applies for most of Asia
@EmmanuelBronyah13 күн бұрын
Nice to see Tim with a girlfriend😂. Have a blasttttt!
@arii198713 күн бұрын
Oh My God! Malaysian here. You spent money like water. Thats not affordable. Thats like living luxuriously. Spending over 100 Ringgit for breakfast is crazy. Nothing you did is called cheap or affordable. Anyway, life is to be lived and enjoyed. I understand your take. Happy stay in Malaysia.
@Life-With-Tim13 күн бұрын
For two people but yes I agree that’s why I liked it haha. Can live like luxury for a small amount relative to other places
@keangwooichoo613811 күн бұрын
Trying to impress gf maybe?
@tacocado8911 күн бұрын
You must compare the price with other cities (London, NYC, Singapore etc). The whole point is to show how much value your dollar gets you in KL.
@Skender0913 күн бұрын
Living the life!
@fdauti_ca13 күн бұрын
The Balkan countries in Europe are still relatively cheap and you have cheap short flights to everywhere else in Europe
@Tuguldurbayar13 күн бұрын
Hello, I am from Mongolia, experienced programmer (Maybe not the International level, but grinding to this), is there any possibility to work with you as a software developer remotely. Currently are you getting employee? or Partner something like this? What ever is this, recently watched your videos and encouraged, even to ask this :D.
@alphaofalphas812115 күн бұрын
500k in exit fees!? F*CK THAT! This country can go to hell. I won't give them a dime.
@farzanaammar15 күн бұрын
0:01 shoot I am moving to the US under an L1A since I can’t afford life here. Looks like they will get me tax wise.
@guystoners18 күн бұрын
this just confirms Canada is heading towards communism... they are trying to make it difficult to leave...
@33DavePaton3318 күн бұрын
Oh no! Millionaires being taxed😭 🤣🤣🤣
@wscrivner13 күн бұрын
Try this - spend years of your life busting your ass working 80+ hour weeks to finally become a millionaire just to have a bunch of do-nothing government bureaucrats decide to take more than half of it away. Then come back and see how you feel about it.
@justinwhite272518 күн бұрын
Hopefully Canada has a Sweden arc. Sweden tried to go full socialist but then all the rich left and they went 'oh... this isn't going to work..'
@shaq936118 күн бұрын
cash/liquid asset millionaires or real estate debt bubble millionaires? cash millionaires left a few years ago.
@masterdeere18 күн бұрын
I devellopped a automation library, was planning to sell for a million this year. I didnt sell because of exactly this reason and I am going to Africa in january planning to never come back.
@bigboy828518 күн бұрын
this hurts small entrepreneurs very badly. At that point, you make more money by being slightly under the tax bracket.
@23o8idlnqdolkqd18 күн бұрын
That's how the government punishes the entrepreneurs.
@robertchen467318 күн бұрын
What about waiting for the Conservatives come to power?
@fdauti_ca13 күн бұрын
Lol, nothing will change.
@bobowon545018 күн бұрын
million dollars isn't high net worth anymore. it just means you own a shack.
@Life-With-Tim18 күн бұрын
Means you own a shack without a mortgage. Big difference.
@samdxb91118 күн бұрын
i was a pr in Canada just left without paying anything i do not care since im not a citizen cra tried to rob me so i just left there is nothing they can do and after 10 years anyway taxes are forfeit , Canada isn't the same i also hated the fact that during covid we had to get the shot no choice almost !!!
@cosmo606418 күн бұрын
bye
@unknown-user00118 күн бұрын
I think Japan has the same kind of the system. I moved from Japan to Canada for some reasons, and I'm planning to move to another country even though I've gotten a PR. Canada is not for business, living in Canada's not really worth it. But I'm just freelancing now and Canadian income tax is about half amount of the taxes in Japan, though everything way more expensive, it's still better than living in japan and supporting the elderly. Other than UAE, which country would you recommend to move?
In 2004 I wrote a somewhat famous article called 'Top 8 reasons not to immigrate to Canada'. In short, the Canadian authorities tried to destroy my life. They made it so that I could not be employable in Canada. So I moved to the U.S. in 2005 and then some years later I moved permanently to the Philippines. I am happy that so many years later videos like yours are saying essentially the same things that I did. I was ahead of my time. I will never go back to Canada. Not to live, not to visit, not even a connecting flight. Too cold, too expensive, taxes are astronomical, no culture, no freedom, no jobs, no opportunities, only modern slavery, worst healthcare system, unbearable political correctness, crime infested/drug infested, xenophobic people, too depressing. It has become a North Korea style dictatorship in the western world. There are many reasons why Canada has fallen apart. But the number one reason is ‘multiculturalism’. My friends, multiculturalism simply does not work. Different cultures do not come together and mix, different cultures come together and clash. The world is divided into different countries for a reason: because people hate each other and only want to be with their own kind. The number two reason for Canada’s demise is ‘socialism’. In this modern era of aging populations, it is mathematically impossible for socialism to continue. The government does not have the money to take care of old people and provide healthcare, pensions, welfare, unemployment benefits, disability benefits and the numerous other programs, even with the astronomical taxation that burdens hard working Canucks. Well Canada, you had a good run. Time for Canucks to move to an emerging country. We welcome you here in Southeast Asia. Multiculturalism destroys the fabric and identity of a country. Socialism bankrupts a country.
@petergriffin51318 күн бұрын
"Multiculturalism destroys the fabric and identity of a country". Is that why you moved to the Philippines? lol. Multiculturalism doesn't work when someone else moves to your country but is perfectly fine when you move to someone else's country. (I'm assuming that you're white coz only whites feel proud in moving to SE Asia but get triggered when SE Asians come to Canada)
@jamessawyer133118 күн бұрын
Come on man, you've got to experience the 5 hour wait time on the emergency only to catch the other deceases lingering on the waiting room..
@CanadaMath18 күн бұрын
@@jamessawyer1331 Yeah and the emergency room is filled with elderly refugees from India and Africa. People who never worked a day in their life in Canada and never paid one dollar in taxes in Canada in their life. But they are getting free health care in Canada. What a great country!
@AztecGhandi18 күн бұрын
Congratulations you only care about yourself, do better, build people up with you. everybody eats, everybody wins.
@jacknolan213418 күн бұрын
UAE... NOPE.
@nsd337118 күн бұрын
Good video. People think that mass immigration has to do with 90% of Canada's problems but this isnt true. It is a problem but a bigger problem has to do with losses of white collar jobs and large fiscal outflow from Canada. When your ceiling caves in your floors can go to...
@Boooolin18 күн бұрын
These problems go hand and hand though, it is just the outcome of mass immigration.
@tabliqatchi669620 күн бұрын
As a mid-eastern living in Iran I'm happy you're closer to where I live now and I wish you the best moments around here Tim. Dubai is a great place for business people. I got really shocked hearing those numbers about the taxes you paid in CA, especially the exit tax which was beyond ridiculous. Anyways, now living in Dubai, time to make some more money! 💸💸💸