Dual Citizen Question

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tedmac
Posts: 8
Joined: Sat Dec 12, 2020 6:28 pm

Dual Citizen Question

Post by tedmac »

I am a dual citizen of Canada and USA living in Vancouver and have always worked for US companies. I have recently retired. All of my financial assets are in the USA mostly within IRA accounts. If I decide to leave Canada to leave in the USA will I still owe taxes in Canada ? If I do, is there a limit on the number of years that I would still owe taxes ?
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nelsona
Posts: 18680
Joined: Wed Oct 27, 2004 2:33 pm
Location: Nowhere, man

Re: Dual Citizen Question

Post by nelsona »

As soon as you move to US, you would be free of Cdn taxes on non-Cdn income.
After 20 years, I am severely cutting back on responses. Do not ask specifically for my help. There are a few others on this board that can answer most questions. All the best
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