On the other hand, exit taxes based on residency rather than citizenship are common. When you leave Canada, there will be a „deemed disposition“ that means the

On the other hand, exit taxes based on residency rather than citizenship are common. When you leave Canada, there will be a „deemed disposition“ that means the cra will assume all your assets (except real estate) were sold and immediately bought, so u need to pay taxes on the delta of market and book value. Exiting Germany is similar, except they don’t tax stock of public companies when exiting, and they also allow ppl who only moved to Germany some years (up to seven?) ago to exit unscathed. One would hope that the book value of your assets in the new country matches the exit value when leaving, otherwise you may get double taxed. Most places have tax systems based on residence though.