Exemption
A new immigrant is exempt from tax on rental income from a property abroad for 10 years. The sale of the property - exemption from capital gains tax (10 years).
Reporting
A new immigrant is exempt from reporting assets abroad for 10 years from the date of immigration.
Important Note: The information on this website is for general informational purposes only and does not constitute professional tax advice. Consult a qualified tax advisor before making financial decisions.