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

What happens if I move back to Canada?

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

When you become a Canadian resident once again you may incur a tax liability on your non-Canadian assets. According to the CRA If you owned certain properties, other than taxable Canadian properties, while you were a non-resident of Canada, we consider you to have disposed of the properties and to have immediately reacquired them at a cost equal to their fair market value on the date you became a resident of Canada. This is called a deemed acquisition. Consult the CRA or a tax professional for more information.

Also, please make sure to update your home address on your CI Digital Wealth profile, and re-do the Tax Residency Form (RC518).

canada return

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