SURPRISE TAX BILL ON LEAVING CANADA!
41:46
21 сағат бұрын
TFSA or RRSP - WHERE TO INVEST FIRST.
14:20
How To Retire in 10 Years!
14:22
Things You Should Never Buy....
12:24
Пікірлер
@MrJrnyfan
@MrJrnyfan 2 сағат бұрын
The assessment is hardlined on their leadership's attributes. Being this is a non-union shop, I can see that. "My way, no highway option", which I like and thrive in. However, living in a union shop for decades, it really was about people and how to inspire and motivate them to get the best out of them and therefore promotes the company. But that workforce has that all about me mentality. Having said all of that, attempting to pass the assessment is very challenging.
@ankitseksaria
@ankitseksaria 4 сағат бұрын
Great video Behroz and Aamir.
@deepakjain850
@deepakjain850 6 сағат бұрын
Can you please help with two more topics House and RSU’s in case of moving to USA. RSU’s were earned in Canada and vesting schedule is four years. Also what is the best strategy for house, sell it or keep it.
@bahroz
@bahroz 5 сағат бұрын
If you are ok with Hindi.. here is a video on property Sale: kzbin.info/www/bejne/gJnKn2qFoZVjrdk Check this out and let me know.
@deepakjain850
@deepakjain850 5 сағат бұрын
@@bahroz thanks, please cover RSU’s also as that is a substantially large chunk and Canada keep taxing it if you leave.
@bahroz
@bahroz 5 сағат бұрын
@ will cover that in the next video for sure … thanks
@SpokesNoJokes
@SpokesNoJokes 11 сағат бұрын
Thank you! This is the method I use. ❤
@bahroz
@bahroz 8 сағат бұрын
Glad you find it useful. 🙏
@moizjunaid6865
@moizjunaid6865 Күн бұрын
Any taxes on capital gains/interest on RRSP?
@bahroz
@bahroz Күн бұрын
@@moizjunaid6865 no as long as it stays in the rrsp account
@moizjunaid6865
@moizjunaid6865 Күн бұрын
Great video. Cleared most of my doubts. Can you make a video on the mechanics of investing in index funds that is which apps to use etc both for the US and Canada’s context
@bahroz
@bahroz Күн бұрын
Hi - sure will add that to the list of videos to make.. Meanwhile would highly encourage you to join my course on wealth building in Canada... (no questions asked refund policy)... Let me know if any questions... I cover all this in details in that course. nas.io/impact-network/products/wddr
@Saimahasan-k2w
@Saimahasan-k2w Күн бұрын
I want to talk to you sir ..but your session are too costly😢...I can't afford
@bahroz
@bahroz Күн бұрын
If it’s a quick question that I can answer on chat then you can reach out to me on LinkedIn
@ganeshkumar-lw3fz
@ganeshkumar-lw3fz 2 күн бұрын
Video is confusing to watch given this perspective of covering non resident in Canada vs US
@bahroz
@bahroz Күн бұрын
It’s discussed in parts..
@StellaZ-q6v
@StellaZ-q6v 2 күн бұрын
When two options, one positive and one negative, pick positive. would you pick more like me or most like me?
@bahroz
@bahroz Күн бұрын
Most like ..
@SheelaSharma-b2w
@SheelaSharma-b2w 2 күн бұрын
This video is great
@bahroz
@bahroz 2 күн бұрын
Thanks 🙏
@KF7-z5t
@KF7-z5t 3 күн бұрын
Don’t stop making such videos sir. Much respect from Mauritius 🇲🇺
@kristheone1
@kristheone1 3 күн бұрын
Thanks for the great video! Could you consider adding timestamps for topics? Thanks!
@bahroz
@bahroz 3 күн бұрын
Done- time stamps added
@kristheone1
@kristheone1 3 күн бұрын
Thanks so much!
@RamMohanKarri-t8f
@RamMohanKarri-t8f 3 күн бұрын
Thanks! Very detailed compilation of information! one another important aspect which is the primary house sale (Any capital gains is tax free in Canada when person is in Canada) and its implications post the exit to USA would have been a great addition to this content.
@bahroz
@bahroz 3 күн бұрын
@@RamMohanKarri-t8f will make one for this channel.. but for now you can review this topic on my desi channel… SALE OF PRINCIPAL PROPERTY FOR NON RESIDENT CANADIANS! kzbin.info/www/bejne/gJnKn2qFoZVjrdk
@jadoonengr79
@jadoonengr79 3 күн бұрын
Voice quality bad around 5:00 minute!
@seem74
@seem74 4 күн бұрын
Great discussion. How about Canadians moving temporarily to US like a Job on TN visa or as a Student for Masters or Doctrate. How will this affect the registered and non registered investments?
@bahroz
@bahroz 4 күн бұрын
Same applies… tax residency has nothing to do with type of visa so same applies
@kalyan151098
@kalyan151098 4 күн бұрын
I dont think its date of exit. For liquidation date, i dont think it has to literally be by the date you exit, it before when you declare you are non resident of Canada and resident of US. For example if you move out in nov, technically for 2024 you are still tax resident of Canada. So you can liquidate anytime before end of dec.
@kalyan151098
@kalyan151098 4 күн бұрын
I dont think its date of exit. For liquidation date, i dont think it has to literally be by the date you exit, it before when you declare you are non resident of Canada and resident of US. For example if you move out in nov, technically for 2024 you are still tax resident of Canada. So you can liquidate anytime before end of dec.
@bahroz
@bahroz 4 күн бұрын
Yes this is true for tfsa… it’s a grey area though… the argument here is that you are not decided whether you want to stay in usa or come back..
@kalyan151098
@kalyan151098 4 күн бұрын
Please share link if first video that he us referring to?
@bahroz
@bahroz 4 күн бұрын
They are on my other channel (Hindi).. here is one of them… AVOID THESE COMMON TAX MISTAKES ON LEAVING CANADA! kzbin.info/www/bejne/l5CQo2qKetx1oLc
@kalyan151098
@kalyan151098 4 күн бұрын
Please share link if first video that he us referring to?
@muhammadsameerkhan4240
@muhammadsameerkhan4240 4 күн бұрын
Thanks for this one, I was struggling to make my own logics in backward switch cases. You made it so easy and I literally ace the test by completing 9 questions and all of them were correct.
@bahroz
@bahroz 3 күн бұрын
Nice.. best of luck
@The_Noble_Tre
@The_Noble_Tre 4 күн бұрын
Bahroz’s series of PI Cognitive Assessment tutorial videos, in addition to the 1 hour 1:1 coaching session, proved extremely valuable during my test prep for the PI Cognitive Assessment. I highly recommend working with Bahroz for your test prep needs as well.
@nickfoster9350
@nickfoster9350 6 күн бұрын
Always remember that Canada is under no obligation to grant entry to anyone who applies. Just because you want in, doesn't mean you'll get in. Immigration is a sensitive topic these days because virtually everyone who gets in refuses to assimilate to our society and respect Canadian traditions. If you want less hostility towards immigrants, leave the culture of the country you left behind in the country you left behind, and embrace the culture of what we have and what you clearly want. In other words: don't turn what we have into what you left behind.
@bahroz
@bahroz 5 күн бұрын
That’s a very fair point
@canadianworkinghard3023
@canadianworkinghard3023 6 күн бұрын
Those who are leaving are SMART ones and good ones! People who understand that there is so much time in life and instead of wasting it in wrong time in wrong country, why not use same time in right country! Salute to all those who are leaving. People with high self esteem and who have high self-worth about their time, should and are already leaving! It also tells the Government of Canada that don't just assume that every migrant is dying to stick to Canada. It tells that there are many other options so overall it is great that people are leaving. It brings the world to more equal and more fair play field. How good it is that Bangladeshi and Somalian packing its bag with confidence like a European tourist and heading to Airport and telling Canada that they got other options too! or some Indian Super Visa uncle who was occupying Tim Horton job for last 3 years and now packing its bag and leaving with confidence!! It is great! Immigrant's leaving can solve housing problem! If all those 4.9 million temporaries (students, work permit, super visa became work permit and student's spouse got work permit) leave in January 2025, there will NO housing crisis in February 2025 and average room rent will come down to 500-550 as it used to be before 2015 Those who are leaving Canada now, will buy businesses and real estate of Canada as millionaire in their later life because they would have used their life's time in right country instead of shovelling snow and applying for job on Indeed and living in basement of some Turban guy and get treated like a piece of shit. LEAVE NOW and become rich!! Time to leave Canada is now for every age group! Use the time in Middle East or US or Hong Kong or Bangalore who cares, but respect years of your life! All Ultra riches of Canada or even modest riches of Canada don't live in Canada!! So you are idiot if still living in that stupid Montreal, Brampton, Bayshore, Ottawa, Calgary, Edmonton, Regina, Saskatoon, Halifax, Toronto, Vancouver or anywhere in Canada! Just leave and make yourself richer and busier otherwise you will be shovelling snow Masari born in Canada doesn't live in Canada Rusell Peters born in Canada doesn't live in Canada Kevin o larry born in Canada doesn't live in Canada Justin Beiber doesn't live in Canada while born in London Ontario Pawan Gupta, naturalized canadian, lives in Florida Many Mohammad, living in Middle East despite of Canadian Permanent Residence Many Pakistanis, running businesses in lahore and Pakistan despite of Permanent Residence Akshay Kumar, gave up Canadian Citizenship as it was useless for him or anyone in Bollywood Many Turban Sikh truck drivers, living in India despite of Canadian Citizenship Many Philipinos running businesses in Lapu lapu City, Manilla and Makati and busy in outsourcing Manulife and Sunlife jobs to Philippines despite of Canadian Permanent residence Infact key to success in many cases in Canada is TO NOT LIVE IN CANADA. So go back to your home country and become immigration consultant and send other idiots to Canada and by the time those idiots would realize that this was not a right country, you would have gotten you consulting fees!! Many returnees from Canada to their 3rd world country became super-rich just by sending others!
@SaadAli-ig5qn
@SaadAli-ig5qn 6 күн бұрын
Great information, but i could not find the link to the articles. Can you include the links in the description.
@bahroz
@bahroz 6 күн бұрын
Done I just added them to the description of the video
@oladeleawoniyi9889
@oladeleawoniyi9889 6 күн бұрын
Very insightful and helpful. Thank you sir for this video
@au_2026
@au_2026 6 күн бұрын
If as a Canadian citizen someone is living outside Canada then is it mandatory to become non resident? I think becoming non resident is optional. Especially for people who live say 4 months in Canada, 5 months in India and 3 months travelling in USA/EU/Asia. For them can they continue filing taxes in Canada as a resident and keep going business as usual for TFSA RRSP etc. Becoming a non resident is mandatory only if you have tax liability in other countries and you don’t want to pay double taxation.
@bahroz
@bahroz 6 күн бұрын
@@au_2026 yes you can choose to continue paying tax in canada.. but typically it’s a bad idea if you don’t need to since canada taxation is on the higher end..
@alishumaila
@alishumaila 6 күн бұрын
If you are Canadian living in usa on a visa. This is not about only investments you pay tax on payroll in USA and you still report and pay taxes on your earnings to Canada as a citizen of canada.
@bahroz
@bahroz 6 күн бұрын
No if you are not a tax resident of canada you don’t pay tax in canada on income out side of canada
@timrobertson2222
@timrobertson2222 6 күн бұрын
First Mistake, Believing P&G is a good company! Better reconsider this one! I spent 21 years at P&G. Joined for the retirement, a stock that split every 5 - 7 years. As they pioneered the woke culture within I watched my dreams fade as great men were framed and fired, labelled toxic by toxic feminists who caused the stock to flattline for all 21 years! Innovation was stifled to level the playing field. Outstanding men were outliers that had to be reeled in and their ideas crushed if credit was not given to the incompetent feminists. It’s a full blown cheat to compete women’s network that gangs up in numbers to frame and fire men who defy them! Competition is internally focused with forced ratings and percentage limits. The women called the bathroom the crying room because its where they went to scream and cry when they couldn’t compete with honest contributions! That was their true definition of toxic masculinity! Employees retirement accounts have been retarded while investors have been bent over hard by these mentality ill, narcissistic feminists bullies!
@lyricsfromtheheart2038
@lyricsfromtheheart2038 7 күн бұрын
Are we allowed to apply to more than one position at once?
@bahroz
@bahroz 7 күн бұрын
@@lyricsfromtheheart2038 yes
@lyricsfromtheheart2038
@lyricsfromtheheart2038 5 күн бұрын
@@bahroz thanks!
@timrobertson2222
@timrobertson2222 7 күн бұрын
Better reconsider this one! I spent 21 years at P&G. Joined for the retirement, a stock that split every 5 - 7 years. As they pioneered the woke culture within I watched my dreams fade as great men were framed and fired, labelled toxic by toxic feminists who caused the stock to flattline for all 21 years! Innovation was stifled to level the playing field. Outstanding men were outliers that had to be reeled in and their ideas crushed if credit was not given to the incompetent feminists. It’s a full blown cheat to compete women’s network that gangs up in numbers to frame and fire men who they cannot compete with. Competition is internally focused with forced ratings and percentage limits. The women called the bathroom the crying room because its where they went to scream and cry when men were too successful! That was their true definition of toxic masculinity! Employees retirement accounts have been retarded while investors were being bent over hard by these mentality ill, narcissistic feminists bullies!
@CataldoOdette
@CataldoOdette 7 күн бұрын
I really appreciate your efforts! A bit off-topic, but I wanted to ask: My OKX wallet holds some USDT, and I have the seed phrase. (alarm fetch churn bridge exercise tape speak race clerk couch crater letter). How should I go about transferring them to Binance?
@chitrahaar1210
@chitrahaar1210 7 күн бұрын
When I will be considered non resident how many days I need to be outside of Canada? Also could you please make a video on if i am moving back to India about taxation rules in both countries.
@bahroz
@bahroz 6 күн бұрын
More than 183 days… Will make a video on that..
@chitrahaar1210
@chitrahaar1210 6 күн бұрын
@ so if i stay 183+ days out of Canada I will be considered non resident Canadian right? What if my salary still get credited in my Canadian bank account?
@bahroz
@bahroz 6 күн бұрын
@ it depends on the source of the salary if the salary source is Canadian organization then you will need to pay tax on it in canada (first)
@manaskar6389
@manaskar6389 8 сағат бұрын
@@bahrozSo you need to stay more than 183 days outside before declaring non residency for tax purposes in Canada?
@bahroz
@bahroz 8 сағат бұрын
@ yes
@johnface6281
@johnface6281 8 күн бұрын
Thanks for a detailed video - highly informative! I’ll be moving from Canada to the US in January 2025 for a job and wondering if I should sell my crypto accounts (non-registered) in December 2024 and put some of the gains in my RRSP to offset the potential tax liability for my 2024 tax filing. If I sell before I leave in January 2025 I know there will be a departure tax but thinking it would be more advantageous to sell in 2024 to make use of the RRSP contribution to offset the taxable capital gains.
@bahroz
@bahroz 8 күн бұрын
I highly recommend you connect with a cross border tax expert… they will save you and rather help you recover a good chunk of tax.. for instance it might be best not to move in January rather a bit later… like best time to move from tax purposes is July… that way you are 6 months in canada and 6 months in usa so your marginal tax rate is super low…. Not sure about bitcoin… best to seek help here..
@dimplemannepalli8762
@dimplemannepalli8762 8 күн бұрын
Are the answers that you displaying are correct?
@bahroz
@bahroz 8 күн бұрын
Yup… but more importantly I share the logic so if you follow and understand the logic accept them if not then don’t
@dimplemannepalli8762
@dimplemannepalli8762 8 күн бұрын
@bahroz thank you sir
@thanawitsagulthang6471
@thanawitsagulthang6471 8 күн бұрын
I would like to ask if I use these tips and trick and score extremely high in the digit challenge, will P&G suspect me cheating and ask me to do the test again under their supervision?
@bahroz
@bahroz 8 күн бұрын
No they won’t… the candidates I coach typically score high and have landed a job
@thanawitsagulthang6471
@thanawitsagulthang6471 7 күн бұрын
@@bahroz Thank you for your reply, Cheers!
@bioniccrystal5220
@bioniccrystal5220 8 күн бұрын
Im genuinely asking because im curious, but is this really most of the test? This was all easy stuff to me, and im really stressed about the test tbh. I feel like this isnt close to how the test is but if it is then i might be ok
@bahroz
@bahroz 7 күн бұрын
This is just the math part there is a verbal part as well
@jayjune8885
@jayjune8885 8 күн бұрын
Thank you so much for these videos. I went through parts 1 and 2 and noticed that there were two different answers to the question: "I have a lot of ideas, but I wouldn't say I have a countless number of them." You chose 'inaccurate' in part 1 and 'accurate' in part 2. I know it's a tricky one, but I’d appreciate your advice on how to answer it.
@bahroz
@bahroz 7 күн бұрын
I would pick accurate… in isolation…
@JAMESCARLJULIAN
@JAMESCARLJULIAN 8 күн бұрын
Thank you, Bahroz! I got up to level 20 for digit where it was consistent (_x_x_) -/+. Then level 13 for switch unfortunately I didn’t reached the hardest problem:(( and confidently perfect with my grid challenge completed all 3 levels per challenge. Hoping for good results🙏🏻🙏🏻🕯️🍀
@bahroz
@bahroz 8 күн бұрын
@@JAMESCARLJULIAN best of luck
@JAMESCARLJULIAN
@JAMESCARLJULIAN 8 күн бұрын
@@bahroz@bahroz, what is the possibility of getting that internship?
@bahroz
@bahroz 8 күн бұрын
@ with these scores you will certainly clear the test..
@AttakoraGyimah
@AttakoraGyimah 8 күн бұрын
Please if I went to start processing wat can I do
@bahroz
@bahroz 8 күн бұрын
I would recommend to first assess if you are eligible or not ?
@anonymousgeneious8085
@anonymousgeneious8085 9 күн бұрын
What if someone has a registered Business in Canada but he doesn’t stay in Canada for 183 Days and he is making money out of it, Will he be tax resident and get the benefits of reduced tax ??
@bahroz
@bahroz 9 күн бұрын
@@anonymousgeneious8085 if you are earning income in canada then you get taxed on that income in canada even if you are not living in canada… With that said you can get a tax adjustment with the country you are living in assuming there is a tax treaty so you only pay differential tax
@Jade-oc9ck
@Jade-oc9ck 9 күн бұрын
What is the best abjective for an accountant/bookeeping position
@bahroz
@bahroz 9 күн бұрын
It’s difficult to say from the job title it primarily depends on the job description
@hasankutluca465
@hasankutluca465 9 күн бұрын
I guess while we are doing test, test will be recorded. Is it acceptable to use marker while we are doing assessment test? Because of using marker can P&G consider us as failed in the exam? can anyone who used markers in the exam answer?
@bahroz
@bahroz 9 күн бұрын
@@hasankutluca465 there is no recording
@arnavagarwal1059
@arnavagarwal1059 9 күн бұрын
hi behroz. biryani XD
@bes9867-5
@bes9867-5 10 күн бұрын
First of all thank u for your all videos I studied with them and I did 19 levels in digit challenge, 10 in switch challange (because I got the hardest level with 6 column in 11th level) and completed the grid challenge what do u see my chance to get into interview process
@bahroz
@bahroz 10 күн бұрын
@@bes9867-5 you have a good 75% chance to clear it
@riyabhatnagar150
@riyabhatnagar150 10 күн бұрын
Hi bahroz I gave the assessment 23 days ago it’s still showing application in process can you tell will I get interview call😢.I also follow up with recruiter but no one is replying.Please help
@bahroz
@bahroz 10 күн бұрын
It’s a bit late.. so yes following up is the best strategy
@riyabhatnagar150
@riyabhatnagar150 10 күн бұрын
@ no one is replying
@riyabhatnagar150
@riyabhatnagar150 10 күн бұрын
Please can you tell anything
@JimDee111
@JimDee111 10 күн бұрын
This is a great video for showing sample questions on this test. However, please note that I believe you have done the math slightly wrong in the question about Linda and Tom. You have arrived at the correct answer, but via an incorrect logical sequence and equation. You need to do L+6=2(T+6). From there you will reach the same correct answer. :-)
@AsmiyaKouser-q7t
@AsmiyaKouser-q7t 10 күн бұрын
Hi bro plz make a video on ads ops operation associate assessment amazon
@kvkiyer1977
@kvkiyer1977 10 күн бұрын
Nice video! Are you a Canadian by birth or naturalized citizen?
@bahroz
@bahroz 10 күн бұрын
Naturalized
@berwanger01
@berwanger01 11 күн бұрын
dublado em portugues, muito bom!!
@peppebucci7800
@peppebucci7800 11 күн бұрын
Did you have an L1a or L1b?
@bahroz
@bahroz 11 күн бұрын
L1A