Job Recruitment Website - Ranking of immigration countries - Do I have to pay taxes to Canada when I sell a house in Shanghai?

Do I have to pay taxes to Canada when I sell a house in Shanghai?

Yes, there is a charge.

After immigrating to Canada, in addition to filing and paying taxes every year, overseas assets should also be declared. Real estate in China (except self-occupied housing) belongs to overseas assets and should be declared to the Canadian Taxation Bureau. If you have declared this house as an overseas asset to the Canadian Taxation Bureau, then when you sell it, the profit (the sale price minus the valuation of this house when you immigrate) must be taxed in Canada.