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The strong U.S. dollar has created new challenges for those moving to the United States from Canada—but understanding these challenges, and your options, can help you to navigate the financial transition as smoothly as possible.Here's the background. The Canadian dollar is currently valued around 0.80 versus the U.S. dollar, a ...
"How do I move my financial life to another country?" It's a question we hear from many clients as they begin making a cross-border transition. Whether you are making the move to the U.S. or Canada, you want to transition your finances smoothly and seamlessly while saving time, headaches, and ...
Have you recently moved to the United States from Canada and left your Registered Retirement Savings Plan (RRSP) open? After becoming a U.S. resident, you might be wondering if you have to pay U.S. taxes on withdrawals from your Canadian retirement plan.There is a good chance that Canadians, ...

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Diversification is the most important concept in investing, but also perhaps the least exciting. If anyone knew for sure exactly which one company or country ...
It’s common to hear about the long-term investment averages that we’ve all become accustomed to. Conventional wisdom says that over the long run stocks should ...
Terry Ritchie gives his insights and tips when dealing with foreign exchange options.From the Globe and Mail article: “I’m not a big fan of the banks,” ...
While most people know that alimony is normally taxable income to the recipient and tax deductible by the payer, in the case of cross-border taxes, ...
As noted by several articles that have been published, many banks and brokerage firms, including Wells Fargo, Morgan Stanley, Fidelity, and others, are informing U.S. ...
Your whole life you have done things correctly: worked hard, saved and prudently invested your money. Then one day, out of the blue, you receive ...
As we discussed in a previous article, many Canadians are shocked to learn that California taxes their RRSPs. Canadians are often also surprised and dismayed ...
Question: I am looking to move to the U.S. and am not sure if I will sell my home before I leave Canada. Could you please ...
Starting a new chapter in your life by relocating north of the border can be exciting. However, there are many financial and tax implications to ...
“We’re in a business of trying to do the right thing for the client” This quote came from David Butler, Co-CEO of Dimensional Fund Advisors (DFA), ...
It probably doesn’t come as a surprise that Amazon, Netflix, Microsoft, Apple, Alphabet and Facebook have been some of the best performing stocks in the ...
From The Globe and Mail article: Mr. Ritchie says he increasingly receives inquiries from well-to-do Canadian retirees who want to spend even more time at their ...
A large number of the clients that we work with are those that move from Canada to the United States. In these cases, we spend ...
From the Insurance & Investment Journal article: Managing cross-border clients is a challenging area for advisors that requires thorough knowledge on how to handle life insurance, ...
Estate planning issues can create family discord, especially in cases in which there is a sizable inheritance and heirs have disparate circumstances and competing interests."You ...
Affluent individuals living in the United States often use a U.S. revocable living trust (RLT) for estate-planning purposes. Such a trust provides confidentiality and flexibility ...
The upcoming U.S. presidential election in November has led to much media focus on U.S. citizens looking to move to Canada. So much, in fact, ...
At Cardinal Point, one of the most frequent inquiries we receive is from prospective clients asking what they should do with their U.S. retirement accounts ...
Irrespective of where you stand politically, the circus currently playing out in the contest for the next President of the United States has a number ...
Over the years, many articles have been written reminding U.S. citizens living in Canada to file a U.S. 1040 tax return annually, in addition to ...
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