🚀 go-pugleaf

Thanks for the info Randy.

BTW I forgot to ask in the original post....What about investments (RRSP's)
can I just leave them put? Can I contribute to them from the US?

Mike

"Randy Wittchen" <wittchen@direct.ca> wrote in message
news:38E24DA6.2AF4@direct.ca...
> Hi Mike
>
> Mike wrote:
> >
> > I've recently had several job opportunities in the US and was wondering
what
> > was involved when working in the US.
> >
> > I currently am a Quebec resident, the owner of a house and employed full
> > time.  Should I accept the move I don't know if I would have time to
sell
> > the house, but could possibly rent it.  In any case I'd like to possibly
> > maintain it if I should decide to move back.  I'm aware that to work in
the
> > US you need a green card or a Visa (the visa isn't a problem based on my
> > profession).
>
>
> You may wish to check out the following website which deals with the
> various visas and the procedures and requirements including H1-b and
> NAFTA visas.  See http://www.grasmick.com/ .  There is also some
> information on US taxes.
>
> The answers below are general information only and you should seek
> professional advice. If you are a resident of Canada for tax purposes
> then you are liable to pay tax to Canada on your world-wide income even
> while working abroad.  However there is a tax treaty between the US and
> Canada which is designed to prevent double taxation so that if you pay
> tax in the US you claim that as tax credit on your Canadian tax return.
> It is of course more complex and I would recommend that you consult with
> a tax accountant who is an expert in cross-border tax planing and
> issues. It has been my experience that pre-planning can save significant
> money in this complex area.  If you order your affairs prior to your
> move this usually gives you maximium flexiblity.
>
> > What I'm wondering is the following
> > 1) Can I work in the US and still own a house in Canada (Quebec).
>
> Yes.  However if you rent out the house this will be Canadian source
> income which will be taxed.  There are also tax implications such as
> capital gains if you then sell the home without returning to
> re-establish it as your primary residence.
>
>
> > 2) Would I have to pay income tax in Canada (or any other tax besides
> > property tax).
>
> See above.