[Tax] Non-resident but I have a bank account

Questions about Permanent Residency
1

Hello.

I’m a PR since April 2019 after landing and staying in Toronto for 10 days. I came back and lived in Germany ever since. While in Canada, I opened a saving account, TFSA and Credit Card with TD Bank.

I’m trying to file my taxes for 2019 and I get mixed information. I have a few questions:

  • I don’t have any residential or financial ties in Canada except for the bank accounts I mentioned. Am I considered a non-resident for tax purposes?- If yes, do I still have to file taxes as a non-resident even if I have no income to report from Canada?- Is TFSA considered an income to report?

Thank you.

2

Hello There,

Thank you for sharing your situation and question with us.

We can appreciate that you would be interested in this type of information.

It is best that you contact the Canada Revenue Agency directly for information specific to your situation.

You can contact them here:

1-800-387-1193 (Canada and United States)

If you have any additional questions, please feel free to post them here.

We hope this information is helpful.

Settlement.Org Team