written by Brent Soucie, CPA, CA
April 22, 2013
Every fall, my in-laws pack their bags and head for Florida, where they enjoy the warm weather and white-sand beaches. Every spring, they begrudgingly load up their van, and head back to Northern Ontario, where they settle for the summer. They stay at my house for a day or two each time they pass through. This weekend was their semi-annual stay, and on Saturday morning, they were welcomed with breakfast and view of a fresh coat of late-April snow. It was interesting to see their reaction, and a strange coincidence that the United States Senate is looking for ways to help alleviate this type of weather shock!
A new and interesting piece of legislation has been tabled for review in the United States Senate. It is entitled the Jobs Originated through Launching Travel (JOLT) Act. One of the provisions of this new act is a proposed Visa for Canadian retirees who spend a fraction of the year in the United States. The new Visa, which is being referred to as the “Canadian Retiree Visa” would allow Canadian snowbirds to spend up to eight months in the United States per year (an increase of two-months from current immigration standards).Read more »