Coordinate your income, investments, and compliance across both borders.
Protect your assets, plan for healthcare, and retire with confidence — wherever life takes you.
Wills, trusts, and beneficiaries must be aligned to work seamlessly across jurisdictions and reduce probate exposure.
Know how to stay covered while living in Texas and what to expect if you return to Canada later.
Cross-border ownership comes with tax implications, rental income rules, and estate tax risks that need careful handling.
Learn how the Substantial Presence Test works and how to cleanly exit U.S. tax obligations if you move back north.
In this video, John McCord, Vice President and Portfolio Manager at Cardinal Point Wealth Management, shares practical strategies to help you:
Cardinal Point offers personalized solutions, multicurrency reporting, and integrated guidance to support every step of your financial journey.
If you’re balancing life across borders, this video is a must-watch. Learn how Cardinal Point can help you create a secure, tax-efficient future in both countries.
Why This Topic Matters in 2025 Texas has no state income- or capital-gains tax, a booming housing market, and (until recently) almost zero red tape for foreign owners. That combination attracted thousands of Canadians after 2010. Fast-forward to 2025: Home prices are up 80%+ in Austin, Dallas, and Houston since
Every year, thousands of Canadians head south in search of sunshine, golf courses, and winter respite. For many, these seasonal escapes lead to something more permanent –ownership of real property in the United States. Whether it’s a Florida condo, an Arizona vacation home, or an investment property in California, Canadians
What We Tackle |
How It Cuts Your Tax Bill |
|---|---|
| Dual-Tax Coordination CRA ⇆ IRS filings, treaty elections, and foreign-tax-credit timing | Eliminates double taxation and unlocks credits that many DIY filers miss |
| Sale & Purchase Structuring Ownership structures and FIRPTA-reduction filings for Texas real estate | Shrinks (or refunds) the 15 % FIRPTA holdback and shields gains from future estate tax |
| Retirement-Account Alignment RRSPs, TFSAs, 401(k)s, IRAs, CPP, OAS, Social Security | Preserves tax deferral on both sides of the border and avoids TFSA/PFIC surprises |
| Currency & Cash-Flow Strategy Staggered FX conversions, multi-currency portfolios, USD income buckets | Can add up to 1–2 % a year in “currency alpha” and cushions CAD/USD swings |
| Health-Care & Snowbird Planning Medicare vs. provincial coverage, Substantial Presence Test, exit/entry dates | Optimizes healthcare opportunities wherever you call home |
| Estate & Gifting Roadmap Cross-border wills, QDOTs, beneficiary audits | Reduces probate hassle and prevents unintended U.S. estate-tax exposure for heirs |
Experience financial clarity without borders. With one seamlessly coordinated strategy, our cross-border specialists integrate Canadian and U.S. tax, investment, and estate rules into a single, easy-to-follow roadmap—so you can stop wrestling with forms and start enjoying winters in Texas, summers up north, and every milestone in between. Curious how much stress and tax you could shed? Let’s uncover your savings potential today.
Texas is renowned for its independent spirit, strong work ethic, and abundant opportunities. Home to some of the fastest-growing cities in America, the state attracts businesses from around the globe—especially in the oil and gas, energy, and technology sectors.
Increasingly, Canadian professionals—including scientists, engineers, and high-tech specialists—are being recruited to work in Texas or are transferred from their organizations’ Canadian divisions. Many others, such as academics, researchers, and entrepreneurs, actively choose Texas as their U.S. base due to its pro-business climate and favorable tax environment.
While the financial rewards of doing business or working in Texas can be significant, relocating to the U.S. without updating your investment, tax, financial, and estate plans can lead to unexpected taxation and compliance issues. Careful cross-border planning is essential to avoid pitfalls and to make the most of your opportunities.
Canadians in Oil & Gas
As a Canadian working in Texas’s dynamic oil and gas industry, your financial future depends on more than just career performance—it hinges on strategic cross-border planning. From navigating U.S. tax implications on Canadian-held investments to structuring retirement accounts and estate plans that work across borders, specialized guidance is essential. Don’t risk double taxation, compliance gaps, or missed opportunities. Let’s connect to ensure your financial foundation is as strong as the wells you drill.
Canadians in the Energy Sector
The renewable and traditional energy sectors in Texas continue to attract top Canadian talent—but working cross-border introduces unique financial challenges. Whether you’re managing RSUs, navigating dual pension systems, or coordinating an estate plan that spans two countries, your situation requires more than generic advice. We specialize in helping Canadian energy professionals like you bridge the planning gap between Canada and the U.S. Let’s connect to create a cross-border strategy that aligns with your goals and safeguards your financial future.
Canadian Professionals in Technology
Texas is booming with tech opportunities, and Canadian developers, engineers, and executives are at the forefront of this growth. But while your career accelerates, your financial planning shouldn’t fall behind. Stock options, cross-border tax filings, and estate plans involving assets in both countries require more than general advice—they demand cross-border expertise. Let’s connect to build a strategy that ensures your tech success leads to long-term financial security and peace of mind.