Hi,

We did our landing in the year 2003 and are now moving to Toronto finally.

Between this two year time we bought some property in India which has earned quite a substantial profit.

The question is :

1) If we sell it now and bring all the cash (that is if we are allowed to) will the Canadian goverment tax us

2) If we sell it after another two years (when we expect to get an even beter price) and at that time transfer the funds will we be taxed by the canadian govt.

Please please need serious answers,

Regards
SHubhankar

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I AM "CAN-INDIAN"