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If i give myself a mortgage overseas under a corporation, can i buy a house in Canada?

Assuming the country i have my money in has no treaty with Canada and can i deduct the interest?

I am also a resident of Canada

You can buy a house whether u got the money from your overseas corporation, bank account, or from a foerign or cdn bank.

However, before u can deduct the mortgage interest in canada, the mortgage property (your house) has to be used to earn rental or business income with a reasonable expectation of profit. Otherwise, the mortgage interest is not deductible in canada.

Assuming the the interest payment meets the deductibility test above, another tax issues are that the cdn withholding tax may apply and that the mortgage interest income of your foreing corporation may be taxable in Canada if its mind and managemet is in canada.

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