Posts about Canada

2 posts on this jurisdiction. See the Canada profile →

LinkedInJune 18, 2026

Canada is known for a 53 percent exit tax. In Ontario the effective top charge is half that, 26.76. The headline is almost never the bill. In several developed economies, leaving tax residence can trigger a tax on gains you have not even cashed in. Across six major regimes, the rate everyone repeats is rarely the one that drives the bill. Four of the six overstate. An inclusion rate, a holding discount, a partial taxation rule or an exclusion quietly cuts the taxable base, sometimes in half. One understates. France looks light at 12.8 percent, but that is only the income tax part, and 18.6 percent social levies take the standard charge to 31.4 percent. And one, Norway, is the control case where the quoted 37.84 percent is broadly the real rate on taxable gains above the NOK 3 million floor. The United Kingdom sits outside the six entirely, with no general exit tax on latent gains. The pattern is simple. The percentage on the table tells you almost nothing. What decides the bill is the base it sits on, and the thresholds, deferrals and treaties around it. I broke all six down, headline against the effective top rate in the standard case, in the carousel. Which one surprised you most, the four that are softer than they look, or the one that is harsher? GeoCompass, the jurisdiction intelligence layer behind @null. #internationaltax #globalmobility #exittax

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LinkedInJune 8, 2026

Singapore's GDP per capita is nearly 10 times Georgia's. On the jurisdiction index I maintain, the two sit 0.0005 points apart. Same tier. Wildly different countries. Here is what pulls a small post-Soviet republic up to a Singapore-grade score. - 1% personal tax on business turnover up to 500,000 GEL, roughly 185,000 USD, for registered sole entrepreneurs. The standard rate is 20%. - A territorial system. Resident individuals are not taxed on foreign-source income. No wealth tax. No inheritance tax. - 365 days visa-free for citizens of more than 90 countries, including the US, UK, EU, Canada and Australia. No advance visa, only proof of health and accident insurance for the stay, required since January 2026. - Tax residency reachable by high-net-worth applicants without the usual 183-day presence rule. The catch the agencies skip: a work permit regime landed on 1 March 2026, though April amendments carve out purely remote work billed to clients outside Georgia. And 183 days on the ground makes you a tax resident. Visa-free is not tax-free. And the index prices the real cost. Georgia scores 5.4 / 10 on geopolitical stability against 8.8 / 10 for Singapore. Around 20% of its internationally recognised territory has been under Russian occupation since 2008. So the money cost of getting in stays low. The standing cost is geopolitical, and it never shows up on a tax table. If you were choosing a second base purely on after-tax yield, how many points of geopolitical risk would you trade for a 1% turnover regime? Sourced from GeoCompass, the jurisdiction intelligence layer behind Lucky Nomads. #internationaltax #globalmobility #residencyplanning

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