The E-2 visa program (officially the “E-2 Treaty Investor Nonimmigrant Visa” category) is a win-win for the US and for the E-2 investor that wants to live in the US full-time or part-time ..read more

Renouncing your US citizenship or terminating your Green Card is a significant decision for you and your family. In the course of our work, we have found that many clients have similar concerns about what will happen when they terminate their US status. In this blog, we address the four most frequently asked questions we hear from those considering renunciation ..read more

Unlike virtually every other developed country, the United States bestows upon its citizens the unique pleasure of being taxed on their worldwide income, regardless of where that income is earned ..read more

In the second installment of our “Practical Immigration” blog series, we are going to address the US Centers for Disease Control and Prevention’s (“CDC”) new rules for individuals traveling to the US with their dogs, whether for a short visit or long-term stay ..read more

A combination of complex tax requirements and greater dissatisfaction with governmental policies is pushing more US expats towards renouncing their US citizenship ..read more

In this first installment of our “Practical Immigration” blog series, we are going to address one of the questions our clients most frequently ask “So now that I have my visa and am ready to move to the US, what happens to my car?” Our team has had to figure this answer out for ourselves to help our clients successfully navigate the legalities of automobile importation, and this blog post will aim to provide a clear understanding of what to expect through that process.   Step 1: Confirm Your Eligibility and Vehicle Compliance Before you can import your car, you must ensure it meets US sa ..read more

The E-2 Treaty Investor Visa Program offers a flexible and viable pathway for aspiring Canadian entrepreneurs and investors looking to establish or purchase a business in the United States. It’s specifically designed for individuals from countries with which the United States maintains a treaty of commerce and navigation, allowing them to invest significant capital in a U.S.-based business. One of the most common questions our Toronto office fields regarding the E-2 visa is: “What is the minimum investment amount required?” This blog will aim to provide additional clarity to readers on this i ..read more

In the recent fiscal year 2025 budget proposal from the Biden administration, there has been a notable push towards increasing tax rates, particularly on capital gains, which could have significant implications for US citizens living around the world. The proposal introduces a graduated taxing structure, with further modifications to include an increase to a 44.6% capital gains rate. That’s up from the current 20% capital gains tax rate from the 2017 Trump tax reform. And as my mother used to say, if someone tells you who they are, believe them (good or bad). If President Biden is s ..read more

On April 16, 2024, the government of Canada released its Budget 2024.  Overall, this budget can be characterized as a very heavy spending budget with continued large deficits, no fiscal anchor, increasing public debt charges (now estimated to be a whopping $54.1 billion for the upcoming year…yes, that’s more than $1 billion per week) and a capital gains inclusion rate increase despite the fact that the Bank of Canada recently warned that it was time to break the glass on Canada’s productivity problem.  The capital gains inclusion rate will certainly not help deal with that productiv ..read more

The weeks and months leading up to June 15 are typically referred to as tax season for the more than eight million US citizens living abroad. This time of year can also feel a lot like Groundhog Day. That’s because US expats are reminded yearly of the cost of maintaining their US citizenship, even though they don’t call the US home. As US expats prepare for another expensive and stressful tax filing season, we’ve compiled a list of items that illustrate a few of the standard costs of their US citizenship while living abroad – in addition to the headaches, stress and sleepless nights that come ..read more