Mitigating the Risk, Cost and Complexity of Cross-Border Wealth

For Canadian residents holding U.S. citizenship, managing your affairs comes with a number of additional complexities. Our team has seen a steady rise of U.S. persons relinquishing their U.S. citizenship, which is a very personal decision.

We provide a specialized process to manage compliant investment portfolios and the required tax reporting, for both sides of the border. As a part of this approach, we avoid investing in PFICs (Passive Foreign Investment Company) and Foreign Trusts (such as RESPs and TFSAs). Our services allow U.S. citizens to remain compliant with current regulations, eliminate the risks involved in making a misstep, and simplify their overall financial picture.

 

 

Cross-Border Tax Planning

Members of our team are intimately familiar with the tax reporting requirements of FATCA, the steps required to stay compliant, and the intricacies of being a U.S. Citizen residing in Canada. We coordinate with your professional accountant to provide tax reporting that meets CRA and IRS requirements.

 

 

 

 

 

Managing Investments

U.S. citizens in Canada often compromise on the type or quality of investments in their portfolios in an effort to meet regulatory standards. As part of our custom portfolio management service, we provide U.S. citizens with high-quality investments that are not only suitable to their particular needs and goals, but also compliant with the IRS.

 

 

 

 

Understanding Your Options

Financial services often fall short for U.S. Citizens due to the specialized knowledge required to maintain compliance. We clarify the impacts of various financial strategies so that you can weigh your options confidently.