'You Will REGRET Becoming A Canadian Non-Resident!' What To Know BEFORE You Leave Canada

It has almost become a trend for Canadians to choose to move abroad because of the current cost of living, high taxes and government policy that they don't agree with. But is it that easy? Will moving to another country actually solve the problems you are trying to run away from and what are the consequences of choosing to become a Canadian non resident? That is what I will be discussing in today's video, sharing my own experience with the process of preparing to leave the country. Before you make such a big decision, I urge you to really ask yourself the hard questions that I pose in this video and make sure you consult the proper government agencies and registered tax consultants on what this would mean for you specifically.

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Lots of love xx
Alina

[Reporterfy]

As a Canadian living outside of Canada was the best choice ever.

[LoganGabrielm]

Every crash/collapse brings with it an equivalent market chance if you are early informed and equipped, I've seen folks amass up to $1m amid economy crisis, and even pull it off easily in favorable conditions. Unequivocally, the collapse is getting somebody somewhere rich.

[pero]

We left Ottawa in 2020 and settled in southern Europe and we have mostly good things to say about our choice. The climate is amazing and the food and people are real. No more fake smiles and asocial neighbors and colleagues. We have truly friendly neighbors who we can count on for pretty much anything and kids have great friends. And all this in just over 4 years.

[ChasingBogeys]

Being kind and adapting to the newly adopted culture and making local friends, cannot be overstated. Regardless of which country you move to. I’m glad you mentioned that Alina!

[MrZnarffy]

If you are seriously considering something, do it.. You rarely regret things you do, but things you don't do.. I lived abroad for a few years, and even though I moved back to my country, the experiences I got will stay with me forever...

[james]

OAS has nothing to do with working, it’s only based on years lived within the country after age 18 working or not

[sinateh]

You are making THE best decision leaving Canada and becoming a non-Canadian resident. With everything thats happening here in Canada, specifically after COVID, I believe Canada has lost its reputation around the world, considering the way they have treated their own people during COVID, inflation, immigration, safety and security, increase in taxes and overall decrease in living standards and increase in poverty. This is not the Canada that I was raised and knew. So, if I get the opportunity to leave, I would do it before it gets worse. Dont listen to what people say, do what you think is right in your heard.

[shakpro]

Alina just nailed it! Foreigners should always integrate in adopted countries they choose to immigrate to. Make life easy for yourselves!

[barrocasonthemove]

Left 6 years ago and don’t regret it at all. My career has taken off in the US, my income has more than doubled and my family enjoys a better quality of life. Every trip back reaffirms my decision to leave. If you regret it, you can always return.

[Mozzermarr]

Canadian here. Life is too short to waste it living in Canada. I’m in SEA and rarely go back.

[Kurenai]

It’s nobody’s business where you want to live. I’m very lucky like you in visiting many foreign countries and appreciating different cultures. There is so much many countries can offer oneself. I think I saved most of your travels, so I can experience or revisit those places. Best wishes to you on finding a new residence (long-term or temporary).

[jiminhart]

Going by my personal experience, the checking account thing is accurate. I maintained a checking account in a Canadian bank throughout nearly 2 decades of non-residency and there was never a problem or even a question after I returned.

[tayruong]

Your comments on medical and dental care in Canada vs. overseas are right on. This is the main reason I left Canada.

[michelbourgeois]

I left Canada in 1997 and now living in Arizona! That was the best move I have ever made. I go back to Montreal to see my family but I would not go back to live there! I just applied for my AOS and should get a part of it since the USA has the agreement! good luck to you and never regret anything !!! Cuenca Ecuador is another place in South America where there are a lot of Expats

[alanarifuku]

You be you and we will always admire you.

[eleveneleven]

It's funny how life turns out.
In the 1970's my employer, Rockwell International, wanted me to move from the UK to the US. I turned the offer down for family reasons.
Later I visited the Canadian consulate to enquire about emigration but experienced a very unpleasant consulate official so it went nowhere. I'm grateful to him for that in hindsight given the political situation in Canada under Castreau.
So now I'm in France for the past 20 years and very happy with the lifestyle, climate, my friends and neighbours.

[sseebbyi]

No! you will not! We are Canadian non-residet in republic of Georgia. 1% small business tax, safety, no homelesness, no drug adects, got a large house CASH, small properyi tax or no property tax based on your income, amazing climate etc.

[relaxingnature]

Tip from a Canadian ..live in British Columbia ..in the mountains ..skip living in citys, there is no special lifestyle going on in any city ..mountain town with lots of outdoor lifestyle going on is fantastic

[Kingeducates]

I pay 20k less taxes and am in a country with better health insurance and health care. I regreted nothing except for not being able to contribute to a TFSA - but then I realized capital gains aren't even taxed in investment accounts in Hong Kong - so now I literally regret nothing.

[deeyammy]

It is clear from your statements that you have already settled on the country you're moving to. This is the show I am waiting for! I am very curious about that Eastern European country and your reasons for it!

Good job!