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U.S. Forex Trader to Canada

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hyperscalper
1/24/2015 17:53 EST

Hi, I happen to have primary U.S. citizenship and live there now, but I also have a British Passport. Due to restrictions on U.S. residents obtaining Forex accounts at major foreign brokerages due to FATCA, I am considering emigrating as an ex-pat and living in Canada, say in Toronto. I would retain U.S. citizenship but not residency. Would that seem fairly straightforward? Thanks !

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standupguy
3/16/2015 10:28 EST

Forget TO. Go to Victoria, BC on Vancouver or Nanaimo up island. TO's winters suck.

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standupguy
3/17/2015 07:28 EST

I a US citizen who has lived for 46 years in Canada. I have been a Canadian citizen for 43 years. I have a Canadian Forex account. I make less than $200,000 a year so I don't file US taxes. I do receive a small monthly soc.security chech that I don't declare to the CRA. Don't move to Toronto, go to Victoria, BC the warmest place in Canada, a fantastic city on the southern tip of Vancouver Island & very Brittish.

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standupguy
3/17/2015 07:42 EST

Oh Canadian Forex is out of TO.

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