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1 vote
0 answers
112 views

Is it smart to keep my TFSA when moving on a J1 visa to the US?

I am an Austrian citizen, who just finished his PhD in Canada (on a study permit) and will now move to the US on a J1 Visa as a researcher. I have some investments in my Canadian TFSA and was ...
Komarex's user avatar
  • 11
1 vote
0 answers
34 views

How to determine which Canadian investments are tax-efficient for US taxpayers in Canada?

How can a Canadian, who is also a US Citizen, determine which Canadian investments (stocks, bonds, mutual funds, ETFs, REITs, etc.) are tax-efficient (especially considering PFIC rules) for a) a post-...
Jim DeLaHunt's user avatar
6 votes
3 answers
487 views

Investing in Canadian Stocks as an American

I've been tracking the cannabis industry for awhile and would love to hop on the canna-stock wagon, but I'm not sure if Americans are allowed to invest in Canadian stocks. The companies I'd like to ...
D. Doe's user avatar
  • 61
4 votes
1 answer
4k views

Is there double taxation of capital gains from sale of Canadian stock held by U.S. citizens?

Capital gains tax on shares in Canadian company for U.S. citizens: Do U.S. citizens have to pay capital gains taxes on stocks purchased from a Canadian company through a U.S. brokerage? If so, is ...
M. Taylor 's user avatar
1 vote
0 answers
424 views

Is it worth contributing to a Canadian TFSA from the USA?

I am a Canadian citizen studying for a PhD in the USA. From the CRA's point of view, I'm a Canadian resident; from the IRS's point of view, I'm a non-resident alien. My investment goal is long-term ...
Ryan Kavanagh's user avatar
4 votes
0 answers
118 views

What's the tl;dr investing rules for married Canadian citizens when one partner happens to have US citizenship?

Canadians with US citizenship have several things to consider regarding investments: Canada's Tax-Free Savings Account (TFSA) is not considered tax free by IRS, and filing taxes may significantly ...
shorea2's user avatar
  • 141
8 votes
2 answers
1k views

Is Buying American Shares in Canada a Good Idea?

I am looking at buying some American based shares such as SPY (the S&P 500 Index ETF), but I am in Canada. I am wondering if buying something like this will have any consequences (e.g. I have to ...
Kelsey's user avatar
  • 515
16 votes
4 answers
3k views

I guess I'm American (by birth). I'm Canadian... my investment company is asking an impossible question. I don't have an SSN, what to do? Lie?

When I was born (1976) they did not automatically assign SSNs to kids (according to my mother). I guess that's not the case now. I only lived there for a few years and I gather I am a US citizen by ...
bcsteeve's user avatar
  • 446
1 vote
1 answer
105 views

SEC forms filed under different company name

I'm trying to find 10-K, 10-Q, or 4 forms for a company called Creative Edge Nutrition (ticker symbol: FITX,) but what I found was forms filed under the name "LAUFER BRIDGE ENTERPRISES, INC." Why is ...
luca590's user avatar
  • 149
3 votes
2 answers
3k views

How to buy stock on the Toronto Stock Exchange?

I have an Ameritrade account and thought I was purchasing a stock that trades on the TSE. However, I was only able to buy a pink sheets stock. I'm not sure of the difference. Would it be possible ...
Whiskey's user avatar
  • 31
6 votes
2 answers
158 views

Is there a term for people who manage the money of dual citizens?

I'm a dual citizen of the United States and Canada. I'm afraid to invest in anything because the tax treaties and laws between the two countries make everything too complicated for me to follow. Even ...
zsup's user avatar
  • 61
8 votes
2 answers
960 views

What is the current US-Canadian agreement on withholding taxes for US Investment income?

Withholding tax credits have changed over the past few years. What is the agreement between Canada and USA related to how much can be claimed and how much must be applied for as a reimbursement?
Zephyr's user avatar
  • 6,230