“There is one group of foreigners who are being embraced by American lawmakers with open arms: Canadian snowbirds.
Despite heightened tensions around the U.S. border, a bipartisan bill currently before Congress would allow Canadians — and Canadians only — over the age of 55 to stay south of the border for up to eight months of the year, provided they own a home or have signed a rental agreement for the duration of their stay,” wrote John Paul Tasker for CBC News on March 6, 2017.
Tasker continued, “The legislation, if passed, would exempt these Canadian residents from filing U.S. taxes despite the longer stay, as they would still be considered “nonresident aliens” by the Internal Revenue Service.
Current limit is 182 days
Currently, if a snowbird spends more than 182 days in the U.S. they are considered a resident and are subject to U.S. taxes on their worldwide income. Even worse, prolonged, unauthorized stays beyond six months could result in an outright travel ban for up to 10 years.
However, while the U.S. could be prepared to allow older Canucks to stay longer — and in turn spend more of their money while vacationing in Arizona, California, Florida or the like — some provinces still have restrictions on how long a person can be out of the province and retain their health insurance, a key consideration for any senior.”
Read the full article here.
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