The sun setting of the Canadian Immigration Trust

bahamas sun set

This Blog explores the possible effects of the February 2015 abolition of the Canadian Immigration Trust. Historical events such as the liberation of East Germany, the end of Apartheid in South Africa and the return of Hong Kong to China in 1997 created arbitrage migration opportunities for many developed countries. The Canadian Immigration Trust regime was once considered an excellent means by which a wealthy non resident person could migrate into Canada and live tax free for at least five years. Now that this option is no longer available, do you foresee that more emphasis will be placed on the use of discretionary inbound trusts?

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