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| Subject: PR working for US company |
All,
Do the experts see any issue with living in Canada as a PR, but working full-time remotely for an American company with salary paid in USD? I wouldn´t think this affects PR status, as long as the residency requirements are met.
[24-10-2008,14:26]
[***.130.11.77]
Anonymous |
(in reply to: PR working for US company)
If you live in Canada you can do any (legal) work. So, shouldn’t be a problem with working for a non-Canadian company, but residing in Canada.
But if you leave Canada to work in the US, just make sure you don’t stay outside Canada to jeopardize your PR and/or citizenship application.
Ray
[24-10-2008,15:37]
[**.129.63.117]
Ray Masa |
(in reply to: PR working for US company)
Yes, exactly, thanks there Ray.
I think I also had in mind where during either citzenship or PR extension applications, you´re asked for employment or school attendance (university) in Canada as part of proof of residency. If working remotely full-time for a U.S. employer, I´m not sure this could be used as proof for residency purposes in these applications.
But perhaps I´m overstating this need, as credit card, bank, untility bills, etc. might be sufficient.
[24-10-2008,17:29]
[***.130.11.77]
Anonymous |
(in reply to: PR working for US company)
Indeed, your rent and other bills could provide evidence. Plus you will still be paying taxes. Also, you can always incorporate your company and employee yourself there. The contract would be between your company and the US company and you will be the employee of your Canadian company.
Depending on which province your are located there is a help available to small businesses to figure out which business formation is best and how to go about it.
Start here:
http://www.canadabusiness.ca/gol/cbec/site.nsf/en/index.html
Ray
[24-10-2008,17:50]
[**.129.63.117]
Ray Masa |
(in reply to: PR working for US company)
Don´t forget that you are going to have to pay Canadian taxes on your income.
Cheers,
Bill
[24-10-2008,18:12]
[***.34.111.122]
Bill |
(in reply to: PR working for US company)
Thanks guys. Looks like no way to avoid paying U.S. and Canadian taxes, unless invoking the Canada/U.S. tax treaty to avoid double taxation. But as a Canadian resident, assume Canadian taxes would override U.S. taxes.
Also, this would be as a virtual employee for a U.S. company, rather than as a self-employeed contractor (but the idea intrigues me).
[24-10-2008,18:28]
[***.130.11.77]
Anonymous |
(in reply to: PR working for US company)
You certainly should not be paying taxes to both US and Canada. Yes you are correct, US and Canada do have taxation treaty that would avoid you paying both tax authorities.
Certainly something you need to get an accountant involved.
And ask your company if you can work as a contractor. Usually your tax rates are more favorable that way.
Ray
[24-10-2008,20:18]
[**.129.63.117]
Ray Masa |
(in reply to: PR working for US company)
Hello there, guys I need an advice, I immigrated to Canada couple of months ago, I am well educated, have MBA and Master on MIS , Bs marketing and associate degree of general business not forgetting my work experience of 8 years as marketing and sales manager.
I have tried so hard finding a job in Canada, which is a full time job by itself, but I wasn??t lucky I guess, but I have a very good opportunity in the United States of America, so I wonder would I be allowed to work in the states? Would that affect my immigration status in Canada? If yes what is the way to avoid these issues? I really appreciate your help to all new comers. Thank you ??
Regards
Sam
[25-10-2008,01:23]
[**.49.243.90]
sam |
(in reply to: PR working for US company)
If the company in the US is a Canadian company you can continue to maintain your PR. If not and you leave Canada you may have an issue. To maintain your PR you need to stay in Canada for 2 years out of every 5.
To apply for Canadian citizenship you need to be in Canada for 3 years out of 4.
Ray
[25-10-2008,07:20]
[**.129.63.117]
Ray Masa |
(in reply to: PR working for US company)
Be aware, to avoid paying Canadian tax (only US tax) you have to file non-residency, that means that you are losing all ties with Canada..can´t have drivers license..health card...banck account..properties...
I think it is only for the non-resident Canadians, not for the cases like this. By the law, if you don´t file non-residency then you are supposed to show US income as worldy income and pay the balance tax to Canada; at the Canadian rate after deducting the tax you already paid to IRS. Many many PRs (I assume eexcept very few) do not declare the international income and simply avoid paying any tax in Canada by declaring 0 income every year.
In citizenship process it is important to clear your tax issue.
[25-10-2008,11:13]
[**.229.115.47]
DC |
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