Contact Us

If you still have questions or prefer to get help directly from an agent, please submit a request.
We’ll get back to you as soon as possible.

Please fill out the contact form below and we will reply as soon as possible.

  • Contact Us
English (US)
US English (US)
CA French (Canada)
  • Home
  • Non-Residents

As a non-resident, do I have to file a Canadian tax return when I invest with CI Digital Wealth?

Written by Nathan Kondra

Updated at May 22nd, 2025

Contact Us

If you still have questions or prefer to get help directly from an agent, please submit a request.
We’ll get back to you as soon as possible.

Please fill out the contact form below and we will reply as soon as possible.

  • General Questions
  • Opening an Account
  • Fees and Minimums
  • Security
  • Non-Residents
  • Our Portfolios
    Portfolio Details
  • Taxes
  • Single Sign On
  • Shared Dashboard
+ More

That depends on the type of income you earn from Canadian sources. 

If the only income you earn is Type XIII, which is deducted at source, you don’t need to file a Canadian tax return. 

However, let’s say you earn additional types of income, such as capital gains or pension income. In that case, you need to file a return. That could be a good thing, actually: you might get a refund on some of the Type XIII taxes! Review the CRA's site for more details. 

What if your country of residence has a tax treaty with Canada? In that case, you may be able to reduce the Type XIII withholding taxes on income earned on your investments (such as dividends). 

However, if your country does not have a tax treaty with Canada you would likely be subject to the maximum withholding taxes on income. 

Got more questions about taxes? Unfortunately, CI Digital Wealth is not an accredited tax specialist. We encourage you to get in touch with an accredited tax specialist.

canada taxes foreign investor

Was this article helpful?

Yes
No
Give feedback about this article

Related Articles

  • I'm an expatriate who lives outside of Canada. Can I invest with CI Digital Wealth?
  • I'm not a Canadian citizen or resident. Can I invest with CI Digital Wealth?
  • Is there a minimum investment amount for non-residents?
  • As a non-resident, what type of accounts can I open?
  • As a non-resident, what do I need to open an account at CI Digital Wealth

CI Digital Wealth ("CIDW") is a registered trade name for CI Investment Services Inc., providing portfolio management and online advice services. CI Investment Services Inc. ("CIIS") is a registered investment dealer under the securities legislation of all provinces and territories in Canada, a member of the Canadian Investment Regulatory Organization (CIRO) and a member of the Canadian Investor Protection Fund (CIPF) . The information contained herein is intended exclusively for Canadian residents and does not constitute an offer to sell or a solicitation in any foreign jurisdiction.

CIRO - Canadian Investment Regulatory Organization

© 2025 CI Digital Wealth. All rights reserved.

Terms of Use | Legal Notices | Privacy Notice | Accessibility
Expand