Video Description

Discover how we can help: https://blueprintfinancial.ca/ Business inquiries? Email us: [email protected] Everybody would love to pay zero taxes. But most think you have to do something shady to make it happen. Offshore accounts. Crypto wallets buried in your backyard. Sketchy accountants. Nope. What I’m going to show you is 100% legal—and actually pretty simple in theory. Canada taxes based on residency, not citizenship. So if you cut ties and become a non-resident, you can stop paying Canadian tax on your global income. In this video, I’ll walk you through: - The 7 steps to legally cease Canadian tax residency - 3 countries with sunny beaches and year-round warmth that Canadians are moving to where you pay zero in taxes. Explore these links: Leaving Canada: Will You Lose Your TFSA, FHSA, & RRSP?: https://youtu.be/Nu3as39V_hE 7 CRA Tax Traps You Must Avoid: https://youtu.be/bCdCqKj3vMw Blog Post: https://blueprintfinancial.ca/how-to-leave-canada-and-pay-zero-taxes/ Chapters: 00:00 Introduction 00:55 Ending Canadian Tax Residency (7 Steps) 02:04 Step 1: Sever Your Primary Ties 02:29 Step 2: Reduce or Eliminate Secondary Ties 02:55 Step 3: Establish Residency in Another Country 03:24 Step 4: File Your Departure Tax Return 03:54 Step 5: Understand and Prepare for Departure Tax 04:47 Step 6: Decide Whether to File Form NR73 05:11 Step 7: Wrap Up Loose Ends 06:21 3 Top Zero Personal Tax Countries for Canadians 06:26 Dubai, United Arab Emirates 08:13 The Bahamas 09:33 Cayman Islands Disclaimer: The videos and opinions on this channel are for informational and educational purposes only and do not constitute investment advice. Neither Christopher Liew nor Blueprint Financial provide specific investment recommendations. For investment advice, please consult a registered professional. This channel is not responsible for any investment actions taken by viewers based on these videos.