Hello,
Wanted to follow up on this thread and check if anyone has gone through selling property and is similar to my case.
I moved to the US in April 2023, sold my property in May 2023 so had to go through all the complexities with selling as a non resident and the 25% tax withholding. Currently waiting for the clearance certificate to complete.
My question is once the clearance certificate is obtained, will I receive the entire 25% back, am I exempt from that since I'm considered a resident of Canada for tax purposes having presence in Canada this year and at that property?
Looking to see what the outcome was for others in the same situation.