Navigating Principal Residence Tax Implications for Expats: Sell, Rent, or Withhold?

If you're an expat considering what to do with your principal residence in Canada, this video has the answers you need. Whether you're planning to sell it, rent it out, or keep it as a non-resident, there are important tax implications to understand. Join us as we explore the key points of keeping or renting out your Canadian property after breaking ties with the country. Learn about the 25% withholding rule on rental income, the tenant's responsibility, and potential ways to reduce this tax burden. Stay informed and make the right choices for your property and financial situation as you transition to a new chapter of life abroad.