My_question_is: Applicable to Another Jurisdiction or Multi-jurisdictionsSubject: Non-resident returning to CanadaExpert:
[email protected]Date: Tuesday February 19, 2008Time: 01:54 AM -0000QUESTION:I work in the p/c insurance field and a life insurance agent, suggested that i look at the tax advantages of a life insurance. Long story short, I have a large life insurance policy (from a USA company) with 50,000 in cash value that I bought in 2001. If I move back to Canada and withdraw money, what happens?
