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Keyword: Snowbirds

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retired women

Despite economic concerns, respondents didn't speak to a financial professional

  • By: IE Staff
  • February 2, 2023 February 2, 2023
  • 11:50
Photo of road signs of Bridge to Canada and USA Port Huron

What you need to know when advising American clients in Canada

CEO says listing common shares on the NYSE “makes sense,” given CI’s rapid growth in the U.S.

  • By: IE Staff
  • November 5, 2020 November 5, 2020
  • 15:00
Health Insurance Assurnace computer laptop

As of Jan. 1, 2020, OHIP no longer covers most out-of-country medical emergencies

Many clients are choosing to retire to other countries - lured by a comfortable climate and scenic views or a desire to return to their homeland. You can provide information and advice to help these clients navigate the many necessary decisions

Update includes references to state statures

The card will hold balances in multiple currencies making it useful for business travellers, snowbirds and expats

For clients who will be away for extended periods, there are several issues they should consider, such as U.S. tax laws, travel insurance and home security

Snowbirds should prepare a statement for their financial services firms clarifying they're not U.S. residents

Canadian clients who spend significant amounts of time outside the country every year risk losing their health benefits, as well as possibly facing negative tax consequences