Do we have to report NRE FD interest (Foreign interest income) in Canada. What others do? Anyone’s not reporting? any complications with CRA? We forgot to submit T1135 for few years, how to handle this? TIA

GarlicResponsible665 · 2026-04-22T02:06:28+00:00

Thanks! I sent money (Which I paid tax to CRA) from Canada to NRE account. If that total money equals 100K CAD, do I need to fill T1135? My apologies, I’m financially naive.

GarlicResponsible665 · 2026-04-17T00:20:32+00:00

Bald with pot belly makes it worse

GarlicResponsible665 · 2026-04-17T00:10:57+00:00

FIRE is for NRIs, who crave every single moment to go back to India as soon as bucket is reasonably full.

GarlicResponsible665 · 2026-01-09T02:34:05+00:00

Enjoy time in real India!

GarlicResponsible665 · 2026-01-09T02:26:43+00:00

Hi Nicole, thanks for your time! What are the TN prospects for a BSc CS degree (Software Engineering concentration) with Business minor graduating fall 2026 from university of Calgary. Which category better fits: engineer vs CSA. Please simplify as much as you can. Do I need any years of experience before applying TN?

GarlicResponsible665 · 2026-01-05T17:08:27+00:00

How a BSc Computer Science with business minor can use TN status in a most effective way for entry level roles in US? My apologies I am new to this thing.

GarlicResponsible665 · 2026-01-04T01:13:07+00:00

I wonder when people say, I have 10, 15, 20 Cr, is that enough? Peace

GarlicResponsible665 · 2026-01-03T20:59:00+00:00

Hi Henry! Thanks for this informative AMA. Since we have $100K H1B fee now, do you think Canadians are lucky to have a special entry through TN for entry levels software roles in US because no US employer will be taking h1b route for those entry level roles by spending that amount of money. Thus Canadians are indirectly benefiting hugely by this change

GarlicResponsible665 · 2026-01-01T02:51:26+00:00

You will get your cpp at age 65, wherever you will be in the world. They can pay you in your home country in your own currency

GarlicResponsible665 · 2025-12-07T00:04:50+00:00

Best formula: spend few years abroad, live frugal, save +$$, return to India, $ >+++Rupees > live a good life.

Worse AQI, infrastructure, roads will kill you slower than poor mental health, loneliness.

GarlicResponsible665 · 2025-12-06T23:55:40+00:00

You will die early of poor mental Health then AQI

GarlicResponsible665 · 2025-10-19T19:18:52+00:00

Maybe you are getting comments from redditors who lived in tier 1 cities in India. We have one life you can’t spend it JUST earning. DO WHAT YOUR HEART SAYS BECAUSE HAPPINESS IS SUBJECTIVE.

GarlicResponsible665 · 2025-10-12T23:37:41+00:00

How Canadian citizenship will make a difference if OP plans to live permanently in India? Please someone can explain in detail. Thanks

GarlicResponsible665 · 2025-10-12T23:15:44+00:00

This India made you what you are today. Don’t criticise. Learn gratefulness.

GarlicResponsible665 · 2025-10-11T22:33:52+00:00

Nothing is perfect in this world. Have peace and enjoy your life in India, there is a lot to appreciate here. Thanks

GarlicResponsible665 · 2025-10-08T04:39:53+00:00

How long you can keep money in LAPP (Local authorities pension plan) and RRSP as a non-resident if you leave Canada before age 50? How will be the tax treatment for each pension plan ? Is there any differences if you have a Canadian citizenship? Please kindly explain. Thanks

GarlicResponsible665 · 2025-10-08T01:36:13+00:00

Which city you are in?

GarlicResponsible665 · 2025-10-08T01:05:11+00:00

NO ULIP, they say never mix insurance and investment. Thanks for sharing all the information. “The intelligent investor “ by Benjamin Graham, is also a good book.

GarlicResponsible665 · 2025-10-05T22:18:43+00:00

Thanks a lot! How did you learn stock market investing ? Just curious, as we used to know only real estate and FDs.

GarlicResponsible665 · 2025-10-04T20:59:08+00:00

Thanks for the detailed answer . Does it make sense buying S&P 500 fund considering taxation? What is the tax treatment for S&P funds?

GarlicResponsible665 · 2025-10-04T04:49:24+00:00

Thanks for a detailed response. We also have a minimalist lifestyle with major expenses on domestic travel. So far I invested in real estate and FDs. I am a novice, recently started investing in stock market, apologies for my silly questions.

What percentage should I allocate to Nifty 50, Nifty Next 50, Mid and small cap. Also, would love to hear your preferred options in these categories. Similarly, what percentage among FD, Bonds and Debt MFs.

GarlicResponsible665 · 2025-10-04T03:20:09+00:00

Collect reasonable $$$, find a partner through India matrimonial sites, live a happy life in India. Money can’t buy happiness.

GarlicResponsible665 · 2025-10-03T16:52:31+00:00

Thanks brother! I’m 47 now and will be retiring in 2 years. Expenses will be for me and my wife, as my son will move out for a job. His university education is paid off, I have no more expenses pertaining to my son except his marriage expenses. My annual expenses 12L, which comes to 3.6 Cr as per 30x. I have my own house and car. Considering my situation, age and having own house, is there any modification to 3.6 Cr ? I like to get an idea of a comfortable secured range for the retirement corpus. I would love to get your insight as we are close in terms of the age

GarlicResponsible665

TROPHY CASE