Cdn Citizen returning to Canada, potentially for only 1 Yr

kmac · Post by **kmac** » Sat Nov 26, 2011 12:45 pm

CDN Citizen, but have been a resident of the US for last 3yrs. My employer moved me back to Canada for potentially only one year. I only have a couple of US stocks which overall are all winners with a US broker. No 401k or IRA.

Question is, anyone know of a US broker who is licensed in Canada? As my move may only be for one tax year, I don't want to transfer to Canada and then back again if possible. However; I do not want to simply hold my account I would like to be able to trade, and as I gather most US brokers cannot deal with Canadian residents. So is there any that can?

Thanks in advance!
KMC

JGCA · Post by **JGCA** » Sat Nov 26, 2011 6:11 pm

Try TD waterhouse thay have offices in both jurisdictions

nelsona · Post by **nelsona** » Sat Nov 26, 2011 7:06 pm

JCGA's info is not correct.

TD waterhouse (Canada) will deal with US resident's RRSPs, not non-retirement brokerage accounts.

Try mcquarie or pacifica.

JGCA · Post by **JGCA** » Fri Dec 02, 2011 5:53 pm

When I said TD Waterhouse I meant the online brokerage firm owned by TD Bank for expatriates based in Europe that allows full online brokerage services 24/7 known as Internaxx a TD Bank division, here you can hold both US and CND non registered accounts. You open and maintain the accounts on-line I have a couple of clients using it so far no problems to report.

nelsona · Post by **nelsona** » Sat Dec 03, 2011 5:03 pm

Yes, but this is NOT for Cdn or US residents. Any firm can hold US or Cdn securities, but they are not licensed to trade for Cdn or US residents.