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/biz/ - Business & Finance

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9308762 No.9308762 [Reply] [Original]

Hey anons, is Puerto Rico a tax haven for Canadian traders? I heard it's good for American traders but not sure if it's the same for us Canadians.

Also, as an American or Canadian, would you have to live there to avoid paying taxes? How does it work exactly?

Would it be possible to just go there, cash out, come back home and have access to your money, or no?

Any help would be appreciated, thanks.

>> No.9308800

>>9308762
are you a US citizen? do you have 1 million dollars to apply for a eb5 investor visa, and wait the 7 years or so to gain american citizenship? regardless of any answer, you would have to declare your shit on canada before so everything is moot

>> No.9308819
File: 54 KB, 608x342, ht_PR_Bullet_Riddled_Flag_kb_140613_16x9_608.jpg [View same] [iqdb] [saucenao] [google]
9308819

Bumping for interest.

>> No.9308846

>>9308762
Cash out slowly on local bitcoin

>> No.9308858

Open a shell Corp in Belize or bvi and have assets in a Corp you own and not yourself

>> No.9308863

Dont avoid the crajew. Pay your tribute to israel. Syrian refugees in Canada need you to pay your unfair share of taxes.

See you at the next gay pride parade.

Love

Trudeau

>> No.9308877

>>9308858
But how do u get those assets on the books of the corp without alerting (((them))).

>> No.9308924

>>9308863
fuck this gay country

>> No.9309174

>>9308846
Seems too risky

>>9308858
How would I do that exactly? Go there, open up a corp, declare that I made x amount of money, then what? Cash out there? Could I fly back to Canada and have access to the funds when I'm done?

>> No.9309194

>>9308863
>>9308924

This place is a dump, specially Toronto

>> No.9309223

>>9308800
I don't think that's accurate, and obviously I'm not American

>> No.9309228

>>9308762
It's an American territory you can't just waltz in and benefit from its tax laws. You have to be American and actually live there as a PR resident.

>> No.9309263

>>9308762
No you dumb cunt, you must move. You must renounce your Canadian citizenship or CRA will come knocking abroad too.

You must cut ties to canada. No bank accounts, no real estate, no storage lockers, NOTHING.

only then will CRA leave u alone

>> No.9309374

>>9309228
I see

>>9309263
Actually, there are a bunch of Canadian companies that store wealth offshore, so explain that, retard

>> No.9309393

>>9309374
Its not illegal to hold assets offshore. Its illegal NOT to declare them.

>> No.9309402

>>9308762
Bermuda. Great relationship with Canada, super safe and stable. Also very pro-crypto.

>> No.9309461

>>9309374
You're literally a dumb ass lol! Enjoy your difficult, difficult, stress filled life.

>> No.9309685

>>9309263
You dont have to renounce your citizenship you fucking retard. Just cut all ties as you said and get residency in another tax friendly country and declare yourself a non tax resident. You do have to pay an exit tax to the CRA however.

>> No.9309997
File: 101 KB, 800x607, e30932cbf8a735f60c3f278dc14fb275.jpg [View same] [iqdb] [saucenao] [google]
9309997

>>9309685
I love these threads where you retards are dumber than the guys in Office Space asking the nigger how to launder money.