A serious concern for any immigrating non-resident with significant wealth and sources of income is the impact of Canadian income taxation. Canada taxes the worldwide income of its residents. With average tax rates of 44% on most income and 22% on capital gains, Canada is one of the highest tax jurisdictions in the world. However, the Canadian Income Tax Act contains provisions that facilitate an immigrant's transition to the Canadian tax system and provides them with an opportunity to reorganize their affairs.

type Five-Year Tax Holiday for Immigrants to Canada Using an Immigration Trust