Will rrsp mutual fund trading break non Resident Status?

jennysunlight70 · Post by **jennysunlight70** » Mon Mar 11, 2013 12:18 pm

Sorry, just realized that RRSP MF cannot be traded as non-resident. However, this account is handled by relative in Canada, never updated as non-resident status. And this is the only account that exist in Canada and already reported to US (TDF &8891).

Will update status to bank right now, but want to know whether there will be a big risk of my non-resident status (left Canada 10 years ago, no departure return was filed at that time), sorry for my limited knowledge .....

jennysunlight70 · Post by **jennysunlight70** » Mon Mar 11, 2013 3:36 pm

I mean any action I need take besides changing the address to US, file to CRA? I don't want to have messive trouble if changing address to US. Thanks a lot.

nelsona · Post by **nelsona** » Mon Mar 11, 2013 4:13 pm

no, it violates securities laws, but does not make you resident. Please regularize your account, instead of spoofing a Cdn address.