Comments on: Living and Working in Different Countries – Part 1 of 2 http://www.four-pillars.ca/2007/09/16/living-and-working-in-different-countries-part-1-of-2/ Investing and Personal Finance Thu, 18 Mar 2010 23:12:56 -0400 http://wordpress.org/?v=2.9.2 hourly 1 By: Linkfests http://www.four-pillars.ca/2007/09/16/living-and-working-in-different-countries-part-1-of-2/comment-page-1/#comment-1068 Linkfests Sat, 29 Sep 2007 09:03:55 +0000 http://www.four-pillars.ca/2007/09/16/living-and-working-in-different-countries-part-1-of-2/#comment-1068 [...] was in the latest Carnival of Personal Finance hosted by Blunt Money. My interview with favourite reader “Telly” regarding her situation of living in Canada and working in [...] [...] was in the latest Carnival of Personal Finance hosted by Blunt Money. My interview with favourite reader “Telly” regarding her situation of living in Canada and working in [...]

]]> By: Changes to 401k Contributions and Canadian Tax Returns http://www.four-pillars.ca/2007/09/16/living-and-working-in-different-countries-part-1-of-2/comment-page-1/#comment-1065 Changes to 401k Contributions and Canadian Tax Returns Fri, 28 Sep 2007 09:04:18 +0000 http://www.four-pillars.ca/2007/09/16/living-and-working-in-different-countries-part-1-of-2/#comment-1065 [...] reader “Telly” left a comment on her “Living and Working in Different Countries” post regarding a recent change to the taxation laws which affect cross border [...] [...] reader “Telly” left a comment on her “Living and Working in Different Countries” post regarding a recent change to the taxation laws which affect cross border [...]

]]> By: Linkfests and More http://www.four-pillars.ca/2007/09/16/living-and-working-in-different-countries-part-1-of-2/comment-page-1/#comment-1018 Linkfests and More Wed, 26 Sep 2007 03:23:41 +0000 http://www.four-pillars.ca/2007/09/16/living-and-working-in-different-countries-part-1-of-2/#comment-1018 [...] was in the latest Carnival of Personal Finance hosted by Blunt Money. My interview with favourite reader “Telly” regarding her situation of living in Canada and working in [...] [...] was in the latest Carnival of Personal Finance hosted by Blunt Money. My interview with favourite reader “Telly” regarding her situation of living in Canada and working in [...]

]]> By: This Week’s Carnivals and Festivals — The Baglady http://www.four-pillars.ca/2007/09/16/living-and-working-in-different-countries-part-1-of-2/comment-page-1/#comment-1015 This Week’s Carnivals and Festivals — The Baglady Wed, 26 Sep 2007 00:15:48 +0000 http://www.four-pillars.ca/2007/09/16/living-and-working-in-different-countries-part-1-of-2/#comment-1015 [...] Four Pillars writes about Canadians working in America — I’ve always been a fan of Four Pillars because I actually have a lot of Canadian relatives. My mom’s cousin is actually a Canadian working in Tennessee. The recent monetary decline of the US dollar really hurt her because she sends her money to her family in Vancouver and she’s basically gotten a 30% pay cut in the last few years. [...] [...] Four Pillars writes about Canadians working in America — I’ve always been a fan of Four Pillars because I actually have a lot of Canadian relatives. My mom’s cousin is actually a Canadian working in Tennessee. The recent monetary decline of the US dollar really hurt her because she sends her money to her family in Vancouver and she’s basically gotten a 30% pay cut in the last few years. [...]

]]> By: Carnival of Personal Finance #119 - Blunt Money http://www.four-pillars.ca/2007/09/16/living-and-working-in-different-countries-part-1-of-2/comment-page-1/#comment-986 Carnival of Personal Finance #119 - Blunt Money Mon, 24 Sep 2007 12:59:53 +0000 http://www.four-pillars.ca/2007/09/16/living-and-working-in-different-countries-part-1-of-2/#comment-986 [...] Four Pillars presents Living and Working in Different Countries. He interviews a person who lives in Canada and works in America. The post covers such topics as [...] [...] Four Pillars presents Living and Working in Different Countries. He interviews a person who lives in Canada and works in America. The post covers such topics as [...]

]]> By: Carnivals, Mortgages Rates and More! | Million Dollar Journey http://www.four-pillars.ca/2007/09/16/living-and-working-in-different-countries-part-1-of-2/comment-page-1/#comment-965 Carnivals, Mortgages Rates and More! | Million Dollar Journey Fri, 21 Sep 2007 07:32:15 +0000 http://www.four-pillars.ca/2007/09/16/living-and-working-in-different-countries-part-1-of-2/#comment-965 [...] Four Pillars has an informative guest post by regular reader "Telly (I like the name Bootsie better :))" on "Living and Working in Different Countries". [...] [...] Four Pillars has an informative guest post by regular reader "Telly (I like the name Bootsie better :) )" on "Living and Working in Different Countries". [...]

]]> By: FourPillars http://www.four-pillars.ca/2007/09/16/living-and-working-in-different-countries-part-1-of-2/comment-page-1/#comment-915 FourPillars Tue, 18 Sep 2007 01:52:15 +0000 http://www.four-pillars.ca/2007/09/16/living-and-working-in-different-countries-part-1-of-2/#comment-915 Mr. C - I haven't told Telly yet but I'm planning to interview her about every aspect of her life, financial and otherwise so I'm sure investing in student housing will pop up somewhere. Mike Mr. C – I haven’t told Telly yet but I’m planning to interview her about every aspect of her life, financial and otherwise so I’m sure investing in student housing will pop up somewhere.

Mike

]]> By: Four Pillars › Living and Working in Different Countries - Part 2 of 2 http://www.four-pillars.ca/2007/09/16/living-and-working-in-different-countries-part-1-of-2/comment-page-1/#comment-912 Four Pillars › Living and Working in Different Countries - Part 2 of 2 Tue, 18 Sep 2007 01:24:12 +0000 http://www.four-pillars.ca/2007/09/16/living-and-working-in-different-countries-part-1-of-2/#comment-912 [...] Mr. Cheap on "Living and Working in Different Countries - Part 1 of 2": Great read, thanks Mike and Telly! For a... [...] [...] Mr. Cheap on “Living and Working in Different Countries – Part 1 of 2″: Great read, thanks Mike and Telly! For a… [...]

]]> By: Mr. Cheap http://www.four-pillars.ca/2007/09/16/living-and-working-in-different-countries-part-1-of-2/comment-page-1/#comment-910 Mr. Cheap Mon, 17 Sep 2007 22:18:22 +0000 http://www.four-pillars.ca/2007/09/16/living-and-working-in-different-countries-part-1-of-2/#comment-910 Great read, thanks Mike and Telly! For a future interview, please pick her mind about investing in student housing!!! :-) Great read, thanks Mike and Telly!

For a future interview, please pick her mind about investing in student housing!!! :-)

]]> By: telly http://www.four-pillars.ca/2007/09/16/living-and-working-in-different-countries-part-1-of-2/comment-page-1/#comment-909 telly Mon, 17 Sep 2007 15:15:31 +0000 http://www.four-pillars.ca/2007/09/16/living-and-working-in-different-countries-part-1-of-2/#comment-909 guiness & brip blap, you're right about FMLA and companies with less than 50 (or 100?) employees. I work for a large company (>50,000) so that's not an issue. This weekend I was visiting a friend with a 3 month old and she said she couldn't even imagine being back at work today. MDJ, both my gross income and the foreign taxes paid are converted to CAD using the Bank of Canada annual exchange average. So though the foreign tax credit would have been greater back than, so too was my income (in CAD). Because the Canadian tax system has more tiers than the US, the numbers are closer today than they were back in the 1.5 forex days. Tomorrow's post will have some more details on tax filings, including the use of an article in the US / CAN tax treaty. A friend of mine that commutes as well actually discovered that he couldn't use all his tax credits and ended up not owing the CRA a penny (besides OHIP tax) and therefore did not contribute to an RRSP at all. guiness & brip blap, you’re right about FMLA and companies with less than 50 (or 100?) employees. I work for a large company (>50,000) so that’s not an issue. This weekend I was visiting a friend with a 3 month old and she said she couldn’t even imagine being back at work today.

MDJ, both my gross income and the foreign taxes paid are converted to CAD using the Bank of Canada annual exchange average. So though the foreign tax credit would have been greater back than, so too was my income (in CAD). Because the Canadian tax system has more tiers than the US, the numbers are closer today than they were back in the 1.5 forex days.

Tomorrow’s post will have some more details on tax filings, including the use of an article in the US / CAN tax treaty. A friend of mine that commutes as well actually discovered that he couldn’t use all his tax credits and ended up not owing the CRA a penny (besides OHIP tax) and therefore did not contribute to an RRSP at all.

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