Take the Money and Run Audiobook Sample
Take Your Money and Run!: How it's done
The solution is admittedly radical since it involves severing all ties with Canada. But for those willing to do this, the arithmetic is compelling. The key point is giving up your residency, NOT giving up Canadian citizenship. In most countries, including Canada, taxation is based on residency. The prominent exception is the United States, where taxation is based on citizenship. Here in Canada, all the goodies like health care as well as liabilities tax are imposed on Canadian residents, not Canadian citizens.
Click to view. The publishing of the Paradise Papers revealing the offshore structures of 3, Canadians has lead to an astonishing zero pursuits by CRA because the structures are all legal. Sorry all you lefies out there. To quote Zorba the Greek "Wife, house, kids, the whole catastrophe". The thieves you have to worry about wear suits and are armed with writs. They will relieve you of your assets and earnings faster than any highwayman with a pistol. Stewart, the hero of "My Blue Haven" had such worries.
My first book, The Border Guide , is now in its 11 th edition and a Canadian bestseller. When I saw the number of Canadian baby boomers retiring was up to about 1, each day, I thought it was time for a simpler more direct decision-making tool to assist Canadians in making the right choice when moving to a warmer climate and lower taxes. In it, I share with you updated information and a new prospective on how to realize your cross-border dreams!
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I'm passionate about small businesses, and my work has appeared on broadcast TV, cable, radio, digital platforms, and in print media. I write for several business publications, and speak at events about business capital. As an entrepreneur, former economic-development professional, and small-business advocate, I know the challenges entrepreneurs and small businesses faces. I've worked with hundreds of businesses to help them grow. But often the biggest obstacle is a lack of a capital. Without capital, your next great idea for a business will not get off the ground.