How to Handle Canada Departure Tax | Moving Out of Canada | Growwcast | Ft. Adittya Singhal CA CPA

Welcome to Episode 16 of the GrowwCast, where your host Sachin Mandot delves into the intricate world of business finance and immigration! In this exciting episode, we are joined by Adittya Singhal, a distinguished Chartered Accountant and CPA from India, now a cross-border taxation expert residing in Canada.

🎙️ In This Episode:

Adittya Singhal shares his expert insights on managing departure taxes when moving out of Canada. Whether you're a Canadian resident planning to relocate or an expatriate navigating the tax landscape, this episode is packed with invaluable information.

📊 Key Topics Discussed:

Understanding Departure Taxes: What you need to know
Managing Investments: RRSP, Non-Registered Investments, TFSA, and more
Determination of Residency Status: Key factors and implications
Compliance Requirements: Essential steps to ensure a smooth transition
Join us as we explore these critical aspects of departure taxes and provide practical tips to help you handle your finances efficiently while making a big move.

🔔 Subscribe to GrowwCast for more insightful episodes on business finance, immigration, and beyond. Don’t forget to like, comment, and share this video with anyone who might benefit from our discussions!

📌 Stay Connected:
Adittya's website - https://asangroupinc.com/
Adittya's contact +1 (613) 981-7097
Instagram -   / growwithsach  
Spotify - https://open.spotify.com/show/1EjVpaI...

Timestamp -
00:00 - 02:08 Introduction
02:09 - 05:07 Understanding Departure Taxation
05:08 - 07:47 Determining Residency Status in Canada
07:48 - 10:54 Reporting Departure to CRA
10:54 - 19:10 Withdrawing RRSP Tax Efficiently
19:11 TFSA, Non Registered Accounts

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