Customer Reviews

The American in Canada: Real-Life Tax and Financial Insights into Moving and Living in Canada

5 star:		(2)
4 star:		(2)
3 star:		(0)
2 star:		(2)
1 star:		(0)

 

 

I've read 3 books and had 3 advisors I've paid for, and this book has between its covers more advice than those 6 sources combined. moving is tricky - more so in a post Sept 11 world - and this book covers all the topics, small and large, that you'll need to consider. Strongly recommended!

This book raises many issues facing people moving from the US to Canada, but rather than give specific advice on how to deal with these issues, the book suggests, time and again, that you seek professional help, like the help their company provides. As I understand their web site, a "transition plan" costs $10,500 and they won't manage your financial assets unless you have at least $1,000,000 to invest with them. If you are in that league, save the cost of the book and contact the authors directly. If not, this book will help you become aware of some of the issues you will face in moving to Canada, but you will have to look elsewhere for most of the answers.

The book is laden with good info on the challenges an American moving to Canada might face, especially regarding taxes and citizenship, but its credibilty suffers from lots of jingoistic opinion (Canadians could learn to be more patriotic from Americans, for example) and a lot of 'our firm specializes in these issues' quasi-marketing content. While trying to be realistic, the authors simply come off as trying to talk you out of it. I wasn't that pleased with the book.

This book was a great resource in helping me prepare to move. It had quite a bit of information geared towards those with more assets than I (I don't own a home, business, or many financial assets), but I still found it quite useful. Definitely more so than any of the other books I'd picked up on the subject.

The CIC has plenty of information on their website, but this book put it in a nice, easy to read format. My copy is full of dog-ears and highlighting.

While it shouldn't be your only resource, it is a great compilation of things you should look out for. Worth the $20.

This book covers the range of financial complications you may face pre- and post-relocation. Even if your life and move seem simple, there are a number of potential nasty surprises so it's best to read the book BEFORE you move, if possible. I really appreciate the advice, and also that it's available for Kindle.

If you are seriously considering a move to Canada this book is the handbook you need to guide you through each step. You will learn things about laws on both sides of the border that aren't commonly known that will protect you from making a costly mistake. We found the information well organized and current and I would highly recommend it to anyone considering dual citizenship, immigration, a real estate purchase or retirement in Canada.