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Updated over 7 years ago on . Most recent reply

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Kelsey Unger
  • Winnipeg, Manitoba
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Investing in the States

Kelsey Unger
  • Winnipeg, Manitoba
Posted

Hello internet,

I've started looking in to start investing in the States (I am a Canadian citizen), however I'm struggling to find good information. Do any of you have experience you'd like to share on the matter? Is there a goldmine of information I've missed somewhere?

Thanks all,

Kelsey Unger

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Roy N.
  • Rental Property Investor
  • Fredericton, New Brunswick
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Roy N.
  • Rental Property Investor
  • Fredericton, New Brunswick
ModeratorReplied

@Kelsey Unger

There is a Canada specific forum here on BP ... if you search the history of that forum, you will find your question has been asked many time.  I would suggest you find and absorb that information first which will provide you with a basis from which to ask more directed questions.

@Brent Coombs - investing in the U.S.A. as a Canadian (from Canada) is not the same as being an out of state investor.   Similarly, due to the tax treaty between Canada and the U.S.A.; the presence of Canadian banks in the U.S.A.; and the general level of coupling between our economies, investing in the U.S.A. from Canada is considerably different than from many other countries.

While the basics are more or less the same, even once you get a handle on taxation and moving money between the countries, there are still differences from an U.S.A. citizen who is investing "out of state."

  • Roy N.
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