Hi,
I have not yet settled out of court, but I have situation where I own a property in Portugal. A builder settled with me out of court due to a proximality issue...anyway, we have a tentative settlement of 18K Euros, out of court.
I don't live at all in Portugal, nor do I use this property as an income source, nor do I have any income in Portugal. It's owned outright and essentially it's my vacation home.
Curious if this needs to be declared here in Canada since it is my permanent.