My wife is a dual citizen and the paperwork each year is a pain in the a$$. We file her taxes and the tax credit from paying Canadian taxes always offsets whatever she would have owed in U.S. taxes. Year after year the paperwork is filed resulting in no money owed to the United States. As well an FBAR must also be filed annually listing all of your financial accounts that have more than $10K in savings. With the reduction in cost we may look more seriously into renouncing her U.S. citizenship.
WoodpeckerAshamed92 on
Old boomer talk, from an old boomer media (CBC) pushing their anti trump article to avoid focusing on liberals running this country into the ground.
DeanersLastWeekend on
I also know young people who are looking into getting US citizenship for the first time because they’ve given up on ever having a future or owning a home here in Canada but you will never see a CBC article about those anecdotal stories.
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My wife is a dual citizen and the paperwork each year is a pain in the a$$. We file her taxes and the tax credit from paying Canadian taxes always offsets whatever she would have owed in U.S. taxes. Year after year the paperwork is filed resulting in no money owed to the United States. As well an FBAR must also be filed annually listing all of your financial accounts that have more than $10K in savings. With the reduction in cost we may look more seriously into renouncing her U.S. citizenship.
Old boomer talk, from an old boomer media (CBC) pushing their anti trump article to avoid focusing on liberals running this country into the ground.
I also know young people who are looking into getting US citizenship for the first time because they’ve given up on ever having a future or owning a home here in Canada but you will never see a CBC article about those anecdotal stories.