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CKA Uber
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PostPosted: Mon Sep 27, 2010 3:49 pm
 


I have a question that's got me intrigued. My wife's nephew was telling her that once he's 65, he'll be collecting pensions from both countries as he's still a citizen of both, presuming of course that nothing will change regarding dual citizenship in the next 30 years.

If you have dual citizenship can you collect Old Age pensions from BOTH countries once you've reached the age?


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CKA Uber
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PostPosted: Mon Sep 27, 2010 3:57 pm
 


As long as he's paid into them I would think he could. Even in Canada though you have to make contributions to be eligible to collect.


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PostPosted: Mon Sep 27, 2010 4:26 pm
 


I know my dad is collecting pension from Denmark, and he's not even a danish citizen anymore.( I don't think dual citizenship was an option when he first came here.) I can't remember how much he's getting but I bellieve it's based on amount of time between when he started working and when he emigrated. I'm pretty sure he's also getting a small military pension for the few years he spent in the army.


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PostPosted: Mon Sep 27, 2010 4:36 pm
 


Had an uncle who worked all his life in the US of A. Moved back here at age 65 and recieved an American and Canadian Old age check up until he passed.


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PostPosted: Mon Sep 27, 2010 4:50 pm
 


OK thanks for the answers guys. I kinda figured that as long as he paid into both at some point, then he could collect both.


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PostPosted: Tue Sep 28, 2010 4:04 am
 


I dunno if this is relevant a good buddy of mine, born in Canada to British and Italian parents. Grew up in the middle east and still is here. Has Canadian and Italian citizenships with an option to get British if he wants.

Has a good amount of property in Canada ( investment purposes, currently rented out ) doesn't pay tax in Canada as he claims he paying to the Italians and tells the Italians he paying the Canadians. Is is scum ? and will he get pensions from Italy and Canada. I think he did work in Canada or Italy for a few years at some point in time.


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CKA Uber
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PostPosted: Tue Sep 28, 2010 4:13 am
 


Since Italy and Canada have reciprocating agreements, if they ever check..

well why not be a good boy and send us his name. :)



After that, if you pay into a system for a number of years,
you are entitled to the benefits, but not necessarily 100% payouts.


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PostPosted: Tue Sep 28, 2010 4:15 am
 


he'd have to pay property taxes. I have a couple of homes and a nice chunk of land back home and I pay the taxes on them and the interest of my investment income earned in Canada. I pay almost nothing on my income tax here in Taiwan, and it's none of the Canadian governments business how much I make and save overseas until I bring it home....and then again only on the interest.

I don't trust the government to take care of my retirement, so I'm taking care of it for myself and as it stands I'll be able to retire a hell of a lot earlier than most of my friends, who are grossing more than I am., because right now my there's pocket change between the two, as opposed to what my gross and net were in Canada.

To use my wife's pay. In Canada she was grossing about $6 000(plus northern allowance) a month as a teacher/principal, yet after all the deductions, she was taking home about 40% or less. Here her gross is $3500(including bonuses and perks), and she takes it all home minus her health premiums of $ 30 a mnth. Every time I suggest going home she shows me the math. We also have to factor in the cost of living. We have an apartment/condo here that costs $500 a month, yet would easily run $2 000 a month in Winnipeg..yes Winnipeg!!


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PostPosted: Tue Sep 28, 2010 9:08 am
 


desertdude wrote:
I dunno if this is relevant a good buddy of mine, born in Canada to British and Italian parents. Grew up in the middle east and still is here. Has Canadian and Italian citizenships with an option to get British if he wants.

Has a good amount of property in Canada ( investment purposes, currently rented out ) doesn't pay tax in Canada as he claims he paying to the Italians and tells the Italians he paying the Canadians. Is is scum ? and will he get pensions from Italy and Canada. I think he did work in Canada or Italy for a few years at some point in time.


Since he has no earnings, he would not be paying into CPP and thus no payout.

But there is some sort of minimum every senior gets whether they paid in or not - GAIN? It's clawed back if you have other earnings, but since this guy doesn't declare any, maybe he would be entitled. I would hope they wouldn't send that overseas.

I hope they catch this scum, and being good buddies with him certainly lowers my opinion of you, DD.


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PostPosted: Tue Sep 28, 2010 10:56 am
 


Well he is a good buddy and I only found this out recently, since we don't pay taxes here anyways personally so to me it doesn't matter much or a big issue with me. If you didn't pay your taxes I wouldn't think anyless of you.


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PostPosted: Tue Sep 28, 2010 11:19 am
 


Moral relativism kicking in DD .................... :P


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PostPosted: Tue Sep 28, 2010 11:25 am
 


Like everybody else, I look for legal tax breaks. Legal, not grey area stuff. But I have no use for people that try to evade taxes.

This guy is still getting govt benefits - police and fir protection come to mind, but all sorts of other infrastructure that's paid for by the govt. So he's robbing me for his own benefit. Scum.


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PostPosted: Tue Sep 28, 2010 8:06 pm
 


desertdude wrote:
If you didn't pay your taxes I wouldn't think anyless of you.



And on that note, I'd like to invite you to run for Premier of BC. [B-o]


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PostPosted: Tue Sep 28, 2010 8:20 pm
 


Freakinoldguy wrote:
desertdude wrote:
If you didn't pay your taxes I wouldn't think anyless of you.



And on that note, I'd like to invite you to run for Premier of BC. [B-o]

ROTFL nice


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PostPosted: Tue Sep 28, 2010 8:22 pm
 


he'd have to get pissed and charged with DUI in Hawaii to be truly qualified.


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