Deleted user
posted 3 years ago
Do I have to pay taxes on external savings?I am considering moving to Canada to work, in order to save money and then move back to Portugal for retirement because of the lower cost of living. I will contribute to the Canada Pension Plan and also save for my retirement. I have to calculate how much I want to save to get a fixed retirement salary. However, I’m not sure if I'll have to pay taxes over the money I saved on a normal Canadian bank account.