by kramoltz@hotmail.com | Jun 13, 2023 | Canada and Canadians, Home Buying
If you were thinking of buying a vacation or second home in the Frozen North, you need to put your plans on hold. As of Jan. 1,2023, Canada has enacted a two-year ban on the purchase of residential property by most non-residents. The Prohibition on the Purchase of...
by kramoltz@hotmail.com | Jun 7, 2022 | Arizona and Its Amenities, Canada and Canadians, Global Buyers + Foreign Investment
It has been a while since I detailed who are flocking to the Valley of the Sun. The latest U.S. Census shows that by far the most movers to the Phoenix area are from Los Angeles, Long Beach and Anaheim. Tucson came in number two. Those from Asian countries were the...
by kramoltz@hotmail.com | May 25, 2021 | Canada and Canadians, Taxes
You may have to file a U.S. tax return if you’re a Canadian that received money from a U.S. source while here in 2020. Since travel here last year was presumably limited due to border closures this may not be much of an issue this year. But those who worked in the...
by kramoltz@hotmail.com | Dec 8, 2020 | Arizona and Its Amenities, Canada and Canadians
Canada is the largest foreign direct investor and employer in the Grand Canyon State, and its businesses do $3.2 billion worth of trade annually in Arizona. And despite the sell off over the last few years due to the weakness of Canadian currency, Canadians make up...
by kramoltz@hotmail.com | Jun 7, 2020 | Canada and Canadians
Canadians who received money in 2019 from a U.S. source while here may have to file a U.S. tax return. But if you are a snowbird or spend a limited amount of time in the U.S., you can establish your tax “home” as Canada, avoiding that requirement. You would then be...
by kramoltz@hotmail.com | Aug 6, 2018 | Canada and Canadians, Real Estate Facts & Figures
April of 2018 saw the lowest number of sales of metro Phoenix area homes to Canadian buyers since 2009. Canadian sales peaked in April of 2011, but since then the declining Canadian dollar and our healthy real estate market has taken a toll. As a result, more...
