Expatriate: Covered or Non-Covered

If you’re a US citizen who’s fallen in love with life north of the border, you’ve probably heard about being a covered expat vs. a non-covered expat, but what does that mean for you? It’s all about determining whether or not you’ll owe an exit tax on your assets if you decide to renounce your US citizenship. On this episode of the Snowbirds US Expats Radio podcast, Gerry talks with Ryan Sirovyak, CPA, CA and Davis Griscowsky, CPA with EBT Chartered Professional Accountants to learn how US expats can have a tax plan in place before they start the Canadian citizenship process.

We’re Snowbirds, the app making it easy to travel smarter
between Canada and the US! We’re here to help you have a plan before you
land with travel and tax tips from our founder, Gerry Scott. Ready for your
next adventure? Visit our website: https://snowbirdsusdaytracker.com/