When should I start fulfilling the tax liabilities if I become a permanent residency of Canada through the QIIP?

I am planning to apply for the Quebec Immigrant Investor Program (QIIP). When my application gets approved, will I immediately become liable to fulfill the tax liabilities of Canada? How does the tax system work for investment immigrants?

Answers

Julien Tetrault

Julien Tétrault

JTH Lawyers Inc.

On Julien Tétrault answered:

You should ask such a question to your immigration lawyer.

Antonin Favreau

Favreau Law Firm

On Antonin Favreau answered:

The tax system in Canada is based on if you are a tax resident or not. It does not matter what is your immigration status. Links to Canada are usually what they look at.