S3 Ep3 - An American in Paris, ON with Julia Chung

An American in Paris (Ontario) with Julia Chung

We're delighted to be joined this week by Julia Chung, CFP extraordinaire at JYC Financial, cross-border planning enthusiast, and all-round cool person.

In this episode we start with a rousing game of Financial False Equivalents (spoiler alert: the IRS is always the IRS), and then start peppering Julia with questions, including:

-The difference between residency and citizenship for Americans in Canada (and who decides which applies)

-What you should do if this is the first you've heard of having to file taxes even if you don't live in the US anymore

-What happens if you've contributed to Social Security and the Canada Pension Plan,

-Whether Americans in Canada can own TFSAs (and whether they should, which might be a difference question)

-Why Sandi is going to get her kids to fill out a US tax return before applying for their citizenship

And - just like every episode - we take a few minutes to talk about the interesting stuff we read, watched or thought about this week.

For full show notes please visit: http://www.becausemoney.ca/s3-ep3-an-american-in-paris-ontario-with-julia-chung