Tax Appeal of Canadian Immigration

Tax Appeal of Canadian Immigration

Canada ranks as one of the most popular immigration destinations for Chinese nationals. According to the "2020 China International Migration Report" Blue Book, Canada stands third among the top 20 immigration destinations, trailing only the United States and Japan. The primary path to Canadian immigration involves participation in their Residence By Investment (RBI) programs.

Canada offers four main categories of RBI programs: Investors, Entrepreneurs, Self-employed Persons, and Skilled Workers. Given the abundant information available online about these programs, we'll focus instead on the tax implications.

As a high-welfare nation, Canada's tax burden significantly exceeds China's. Here's a brief overview of key tax considerations: