Americans Moving to Canada
Financial Planning for Americans Moving to Canada
Moving to Canada as a U.S. citizen or green card holder comes with a unique set of financial complexities that go far beyond a change in scenery. Because the U.S. taxes its citizens on worldwide income, you’ll likely need to file tax returns in both countries. Without proper planning, this can lead to double taxation, penalties, or compliance issues that are difficult to unwind.
At Clarity Cross Border Planning, we help Americans navigate every step of the transition with clarity and confidence, ensuring your finances move with you, smoothly and strategically.
Who We Work With
- Professionals Relocating for work opportunities
- U.S. Residents Retiring in Canada for lifestyle or family reasons
- Canadians Returning from U.S. Employment with assets or retirement accounts in the U.S.
- Americans Marrying a Canadian and building a life north of the border
Why Cross-Border Planning Matters
Managing finances across two countries isn’t as simple as updating your address. Dual tax systems, conflicting regulations, and differing rules for retirement and investment accounts can quickly become overwhelming. Without proper planning, you risk costly mistakes that may be difficult to fix later.
Some of the biggest challenges we solve include:
- Understanding dual tax filing requirements with the IRS and CRA
- Avoiding double taxation and unexpected penalties
- Managing U.S. retirement accounts like IRAs and 401(k)s from Canada
- Restructuring investments to avoid PFIC tax traps
- Coordinating Social Security, CPP, and OAS benefits
- Planning for healthcare access and coverage
- Addressing estate planning issues across jurisdictions
Our Cross-Border Planning Approach
Our goal is to simplify the complex and give you a clear plan forward. We provide:
- A comprehensive review of your tax obligations and residency status
- Strategic restructuring of retirement and investment accounts
- Guidance on estate, gift, and inheritance planning
- Support with currency strategy and financial reporting requirements
- Transparent, flat-fee advice, no product sales, no commissions
Why Choose Clarity Cross Border Planning?
Clarity Cross Border Planning is led by Brandon Davies, one of the few financial planners certified in both Canada and the U.S. With dual CFP® designations and expertise across tax, retirement, investment, insurance, and estate planning, we bring unmatched knowledge to every client engagement.
We operate on a fee-only, advice-only model, meaning you’ll never be sold products or pay hidden commissions. Our only priority is helping you make smart, compliant financial decisions that support your goals, no matter which side of the border you call home.
Ready to Plan Your Move?
A move across borders shouldn’t mean confusion about your finances. We’ll help you plan with confidence and peace of mind, so you can focus on building your new life in Canada.