Canadian TFSA, RRSP and RESP tax treatment in Australia

Recently, there has been a surge in inquiries from individuals who have transitioned from Canada to Australia. These queries predominantly revolve around the tax implications of TFSAs, RRSPs, and RESPs.

Questions arise regarding the tax treatment of the entire/partial lump sum withdrawal, the correct classification of an RRSP (is it a foreign superfund or trust?), and the mechanics of the tax treaty between Canada and Australia to prevent double taxation.

Amidst the myriad of conversations I've engaged in over the past week, it's evident that misinformation abounds. Our focus remains on offering tailored advice to our clients, ensuring accurate identification of the tax treatment concerning foreign investment withdrawals.