

6:17 am
June 15, 2016

I have a chequing and savings account with Tangerine.
I am a Canadian citizen. But in July, I am leaving Canada permanently and becoming a non resident. Going overseas, not US.
I will have a mailing address in Canada. But my home address will be in the foreign overseas country.
Can I still keep my Tangerine chequing and Savings account after becoming a non resident?
Or will Tangerine force me to close down both the accounts?
Anyone here who is a non resident now and still allowed to keep their Tangerine account? Thanks.
9:07 am
December 23, 2018

11:15 am
June 22, 2023

https://www.taxtips.ca/personaltax/resident-vs-non-resident-tax-status.htm
Hello:
It is very ambiguous as to what a resident is under the common law. I recommend that you read some recent court cases from Canada on the issues. Also, some Canadian law firms might have a few free resources for you. If you go to a law library, (any Canadian courthouse of decent size or a law school library) they will have some good resources, although most law libraries have gone primarily digital and if you are not a member of the university community, you might have very limited access.
11:21 am
June 22, 2023

https://taxsummaries.pwc.com/canada/individual/residence
Generally, an individual is resident in Canada for tax purposes if there is a continuing relationship between the individual and Canada. In determining an individual's residence, all relevant facts must be considered. Residential ties of particular significance include the maintenance of a dwelling place available for the individual's occupation and the residence of the individual's spouse and dependants. Ordinarily, individuals are considered to be resident where they maintain a fixed abode for themselves and their families. Secondary factors include social and business ties and personal property, such as memberships in clubs and religious organisations, driver's licences, vehicle registration, and medical insurance coverage.
Citizenship and domicile under the tax laws of another country are generally not relevant.
If an individual, who, as a matter of fact, is considered not a resident of Canada, sojourns (i.e. is temporarily resident) in Canada for 183 days or more in a calendar year, the individual is deemed to be resident in Canada for that entire year.
Sometimes an individual is considered to be a resident of both Canada and of another country under that country's domestic tax laws. In these cases, to eliminate any conflicts and the double taxation that might otherwise result, Canada's tax treaties often provide special residency 'tie-breaker' rules for determining residency. Normally, under Canadian law and the residency provisions of most tax treaties, an individual is considered resident in the jurisdiction to which the individual has closer personal and economic ties, although other factors may influence this conclusion. The tie-breaker rules override the general residency tests applied under Canadian domestic law.
11:27 am
June 22, 2023

A relatively old article, but it seems to still have some valuable information to ponder.
5:53 pm
November 18, 2014

You can definitely maintain a Tangerine account as a non-resident but ask yourself why you'd want to. Aren't you tired of begging for decent rates.
A simple call and they'll update your contact info and Tangerine will send you a NR4 tax statement each year. Also make sure you complete the NR74 form and submit to CRA.
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