Search found 2 matches

by Don M.
Thu Jan 10, 2013 10:00 pm
Forum: Canada / United States Tax & Accounting
Topic: Tax Considerations for Canadian Banks Accounts - US Citizen
Replies: 3
Views: 2645

Thanks for the response, but the info. is not quite correct. According to CIC Canada, there is very much such a thing as as a part-year resident. With the correct passport / visa or immigration process in play, foreign nationals are very much able to stay in the country for significant parts of a ye...
by Don M.
Fri Aug 10, 2012 11:48 pm
Forum: Canada / United States Tax & Accounting
Topic: Tax Considerations for Canadian Banks Accounts - US Citizen
Replies: 3
Views: 2645

Tax Considerations for Canadian Banks Accounts - US Citizen

I am a retired U.S. citizen, who is very leery of the safety of U.S. banks. In October, I will be going to Canada and purchasing a small cabin, and ultimately will be considered a part-year resident. It is my intention to open some Canadian bank accounts while there and transfer a fair amount of cas...