04-17-2025, 09:12 AM
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#21
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electric boogaloo
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Quote:
Originally Posted by CroFlames
I've heard some stories of Americans who live abroad and need to fill out a tax return every year regardless of residency and it can be a nightmare, especially if you are a property owner.
I guess the IRS pay extra close attention to expats and will (try to) ding you on taxable benefit type stuff like a grocery store loyalty program.
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Canadian banks have agreed to share our financial holdings with them as a few years back. That's when the FBAR burden came in.
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04-17-2025, 09:20 AM
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#22
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Franchise Player
Join Date: Mar 2012
Location: Sylvan Lake
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Quote:
Originally Posted by Shazam
Oh well that settles it then.
Hey have you read the FIRE book by Quan? He got a job at Facebook after school. It started at $500K/yr.
Whatcha making now?
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What the #### are you on about?
My family moved to Canada when I was 5, this country has been great out family, except it could be hotter.
I have had great opportunities here in fact my compensation has increased every year, but 1 which was a self imposed lifestyle choice.
__________________
Captain James P. DeCOSTE, CD, 18 Sep 1993
Corporal Jean-Marc H. BECHARD, 6 Aug 1993
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04-17-2025, 09:25 AM
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#24
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Franchise Player
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Quote:
Originally Posted by fotze2
Canadian banks have agreed to share our financial holdings with them as a few years back. That's when the FBAR burden came in.
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The point stands that it can be complicated as an American living abroad.
So if OP ever intends to live abroad, I would think twice about citizenship. If you plan to stay forever, citizenship is the best bet. Just pray there isn't another war in Indochina and a draft lottery.
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04-17-2025, 09:25 AM
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#25
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Franchise Player
Join Date: Aug 2005
Location: Memento Mori
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Quote:
Originally Posted by undercoverbrother
What the #### are you on about?
My family moved to Canada when I was 5, this country has been great out family, except it could be hotter.
I have had great opportunities here in fact my compensation has increased every year, but 1 which was a self imposed lifestyle choice.
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Your anecdotal experience is irrelevant. I'm sure you've had "great" opportunities. Are they $500K great? Well I'm going to say no.
__________________
If you don't pass this sig to ten of your friends, you will become an Oilers fan.
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04-17-2025, 09:27 AM
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#26
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Franchise Player
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America is unique in that regard. They are the richest nation of all time.
Canada is still a very modern G7 economy with plenty of opportunities, even if it doesn't exactly match the opportunities in the US.
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04-17-2025, 09:27 AM
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#27
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First Line Centre
Join Date: Jul 2015
Location: Victoria, BC
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One's personal experience is not, "irrelevant."
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04-17-2025, 09:31 AM
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#28
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First Line Centre
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Quote:
Originally Posted by nfotiu
Which path puts me at greater risk?
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Skin colour and ethnic heritage.
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04-17-2025, 09:36 AM
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#29
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Truculent!
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Quote:
Originally Posted by Shazam
Might as well get it.
Canada really sorta sucks for opportunity.
Think long term.
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WTF are you even talking about.
__________________
Quote:
Originally Posted by Poe969
It's the Law of E=NG. If there was an Edmonton on Mars, it would stink like Uranus.
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04-17-2025, 09:38 AM
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#30
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Lifetime In Suspension
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Quote:
Originally Posted by CroFlames
The point stands that it can be complicated as an American living abroad.
So if OP ever intends to live abroad, I would think twice about citizenship. If you plan to stay forever, citizenship is the best bet. Just pray there isn't another war in Indochina and a draft lottery.
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There are maybe two posters on this entire website who are young enough to worry about a draft. The cast of Cocoon that we got around here doesn't need to worry about that at all
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04-17-2025, 09:40 AM
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#31
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Franchise Player
Join Date: Oct 2001
Location: Vancouver
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Quote:
Originally Posted by nfotiu
I have to renew my green card in 2028 anyway so there is no way around being on radar. That seems low risk. My bigger concern is if I lose anything from Canadian status and don’t think I do.
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Just to be safe, and if it is within your budget, I might consult with and/or retain an immigration lawyer. It seems that low level bureaucrats can make people's lives miserable for no reason other than their own personal whims. I'd hate to see a "clerical error" set you back in some way.
__________________
"A pessimist thinks things can't get any worse. An optimist knows they can."
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04-17-2025, 09:40 AM
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#32
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Unfrozen Caveman Lawyer
Join Date: Oct 2002
Location: Crowsnest Pass
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Quote:
Originally Posted by Shazam
Your anecdotal experience is irrelevant. I'm sure you've had "great" opportunities. Are they $500K great? Well I'm going to say no.
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But it’s ok for you to raise one anecdotal case?
Canada Vs USA: Which Nation is the Perfect Place to Call Home?
https://chaudharylaw.com/canada-vs-u...-to-call-home/
Last edited by troutman; 04-17-2025 at 09:45 AM.
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04-17-2025, 09:42 AM
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#33
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Participant 
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Quote:
Originally Posted by Drak
One's personal experience is not, "irrelevant."
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Especially funny point to one rare anecdotal experience as evidence while dismissing the other, much more common experience, as irrelevant.
Capital L
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04-17-2025, 09:46 AM
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#34
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electric boogaloo
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Quote:
Originally Posted by Wastedyouth
WTF are you even talking about.
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It's calgarypuck, there is no subject too benign to not have some sort of pissing match.
We could have a thread about Oatmeal and within a day someone would be obliterating someone for not choosing steel cut oats over the ones cut with some other method, complete with studies and research.
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04-17-2025, 09:47 AM
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#35
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Powerplay Quarterback
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Quote:
Originally Posted by Shazam
Your anecdotal experience is irrelevant. I'm sure you've had "great" opportunities. Are they $500K great? Well I'm going to say no.
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Are you really that thick, that you think this is an average or commonplace opportunity in the US?
There are lots of young software developers in Canada, that are making exceptional money right out of school if they are talented and motivated.
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04-17-2025, 09:47 AM
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#36
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Unfrozen Caveman Lawyer
Join Date: Oct 2002
Location: Crowsnest Pass
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Quote:
Originally Posted by fotze2
It's calgarypuck, there is no subject too benign to not have some sort of pissing match.
We could have a thread about Oatmeal and within a day someone would be obliterating someone for not choosing steel cut oats over the ones cut with some other method complete with studies and research.
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Oats are for horses.
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04-17-2025, 09:49 AM
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#37
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First Line Centre
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Quote:
Originally Posted by Shazam
Oh well that settles it then.
Hey have you read the FIRE book by Quan? He got a job at Facebook after school. It started at $500K/yr.
Whatcha making now?
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I honestly wouldn't plan your life using what is essentially a self help book. Sure there is a lot of opportunity in the US, there is also a tremendous amount of poverty, and its getting even worse. There is more than enough opportunity in Canada, and yes, you can find ways to make the equivalent of $500/hr or more, in Canada. So, essentially I don't begrudge anyone wanting to work in the US, I lived there myself for over a decade. But its not for everyone.
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04-17-2025, 10:10 AM
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#38
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Franchise Player
Join Date: Mar 2012
Location: Sylvan Lake
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Quote:
Originally Posted by Shazam
Your anecdotal experience is irrelevant. I'm sure you've had "great" opportunities. Are they $500K great? Well I'm going to say no.
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Oh so you wanna swing dicks on compensation.
You show me yours and then I'll show you mine............
child
__________________
Captain James P. DeCOSTE, CD, 18 Sep 1993
Corporal Jean-Marc H. BECHARD, 6 Aug 1993
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04-17-2025, 10:22 AM
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#39
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Powerplay Quarterback
Join Date: Feb 2006
Location: Sunnyvale nursing home
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FIL (green card) and MIL (US Citizen) fled to Canada to evade the draft in the early '70s, children born in Canada... When looking at getting citizenship as a foreign born child of a US citizen, it seemed like it would potentially result in a huge back-tax liability ("to the date that you were aware of your entitlement to American citizenship") and the requirement to file US tax returns annually?
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04-17-2025, 10:40 AM
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#40
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Scoring Winger
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Quote:
Originally Posted by PepsiFree
There’s a lot less people in the US who worked for Facebook than there are losers who read a book about someone who worked at Facebook and stayed unimpressive their whole lives.
Canada is great for opportunity for realists who actually work.
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That's pretty BS. There are many skilled higher earning workers (tech, engineering, health care, etc.), living in the US where you get higher pay, lower taxes, lower cost of living, with better health care and more mobility than Canada.
If you're a skilled worker, there's no comparison between the two countries, Canada is so far behind. Just because you can't comprehend it, doesn't mean the brain drain isn't a very real thing.
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