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The Canadian Snowbird in America: Professional Tax and Financial Insights into a Temporary U.S. Lifestyle By Terry F. Ritchie, Brian D. Wruk
Publisher: Ecw Press 2007-12-01 | 240 Pages | ISBN: 1550228048 | PDF | 6.6 MB
This guide provides a comprehensive overview of financial-management issues for Canadians living in the United States in clear and simple language. Facing unique and challenging tax and financial-planning considerations in each country, this reference has in-depth information on the implications of opening bank and investment accounts in the United States, the management of investment and registered accounts in Canada, cross-border retirement planning, and foreign exchange issues. It includes information on recent changes to the Canada–U.S. income tax treaty and strategies to reduce or eliminate estate taxes on U.S. assets. Through improved awareness of the financial, immigration, health care, insurance, tax, and estate-planning differences between the two countries, snowbirds will learn to make smarter financial decisions and make the most of the dual-residency lifestyle.
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