Cross Border Financial Advice

Did you know that the regulations and security laws in Canada and the US are “residency-based” not “citizenship-based? This means that it does not matter what country your passport says, rather where you physically live and spend your time that affects how and more importantly what you can invest in! These rules may apply to you in the follow circumstances;

1. A Canadian moving to the US
2. An Americans moving up to Canada
3. An Individual/family with assets and money in both Canada and the US

Many professions require individuals and firms to be licensed by the governing bodies in each jurisdiction that they operate in such as Law, Accounting, and Financial Advice etc. Sadly except in rare situations, a US-based financial institution or advisor can’t advise someone living in Canada and vice versa.

For more information on cross-border wealth management, please check out my website http://sartorialwealth.com/overview.aspx