lawman3966
Recycles dryer sheets
- Joined
- Jan 8, 2008
- Messages
- 84
Being a dual citizen of Canada and the U.S., and living in the U.S., the current health insurance situation in the U.S. has led me to consider returning to Canada in order to participate in one of the provincial health plans (likely British Columbia's).
Returning to Canada for a permanent stay presents various complications to the returning migrant's investments and taxes. However, a comment in another thread got me thinking about returning to Canada for a limited period, for example, until I'm of Medicare age in the U.S. (I'm currently 57).
I'm posting to find out whether anyone who is similarly situated (either a dual citizen, or a U.S. citizen who's lived in Canada) on the board has investigated this option, and knows how to pull off such a move while minimizing the disruption to investments and taxes.
(I have nearly every type of account: taxable mutual fund account; Traditional IRA, Roth IRA, three different 401Ks, a TSP account, and a couple of taxable checking accounts).
Returning to Canada for a permanent stay presents various complications to the returning migrant's investments and taxes. However, a comment in another thread got me thinking about returning to Canada for a limited period, for example, until I'm of Medicare age in the U.S. (I'm currently 57).
I'm posting to find out whether anyone who is similarly situated (either a dual citizen, or a U.S. citizen who's lived in Canada) on the board has investigated this option, and knows how to pull off such a move while minimizing the disruption to investments and taxes.
(I have nearly every type of account: taxable mutual fund account; Traditional IRA, Roth IRA, three different 401Ks, a TSP account, and a couple of taxable checking accounts).