Are you a U.S. citizen planning to retire in Canada, or a Canadian moving to the U.S. for work? Cross-border transitions bring complex financial challenges that demand careful planning. In this insightful video, Jeffrey Adema, President of Wealth Management, Cross Border at Cardinal Point Wealth Management, breaks down the key elements of successful cross-border wealth management for expats on both sides of the border.
From navigating customs with CBSA and CBP forms to understanding healthcare gaps, tax residency rules, and retirement planning differences, this overview covers critical steps to ensure a smooth financial transition. Learn about proactive strategies like Roth IRA conversions, managing departure taxes, optimizing investment accounts, and updating estate plans to align with new legal realities.
Whether it’s understanding how Canada taxes are based on residency or how U.S. estate laws differ, this video emphasizes the importance of early and integrated planning. With expert advice on avoiding double taxation and ensuring access to your investments, this resource is essential for anyone considering a cross-border move.
Don’t let the complexities of international relocation derail your financial security. Watch the video to get expert tips and build a financial roadmap tailored to your cross-border journey. Like, share, and subscribe for more trusted advice from Cardinal Point Wealth Management.