Quote:
Originally Posted by HockeyIlliterate
Cross-border tax issues can make it difficult to live in Canada permanently.
It seems to me that the poorer and younger you are, the easier it is to immigrate to Canada. If you have any sort of wealth tied up in the US (long-held taxable investments, retirement accounts, etc), the harder it is to make the move.
I don't know how correct the "indefinite renewal" is. At the Coutts border, I was told (by CBSA) that even a work permit issued under NAFTA is limited to a 7 year total duration.
Regardless, you still have to plan for Canada's exit tax.
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I know there are theoretical limits, but doesn't seem like they are followed very closely. I have a friend here who is going on his 10th year of renewals at the same job (that is a Canadian in the US though.), without ever really having any issues.