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If I have a personal property outside Canada that is for personal use only (no income generated) do I have to declare this property? If Yes, how is this done?
Please provide me with the form and fields that must be entered.
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October 30, 2019
7:28 PM
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Investors and rental owners
No, you do not have to report personal-use property. This includes vacation property that you use primarily as a personal residence (see real property questions below) and listed personal property such as works of art, jewelry, rare folios, rare manuscripts, rare books, stamps, and coins.
You need further information view this link from the CRA: https://www.canada.ca/en/revenue-agency/services/tax/international-non-residents/information-been-mo...
October 30, 2019
7:28 PM