Thanks for the answer!
I'm a Canadian that works in the US on a TN. Would it probably be a bad idea to get a green card even if I have future bay area startup aspirations?
I'm a Canadian that works in the US on a TN. Would it probably be a bad idea to get a green card even if I have future bay area startup aspirations?
If you're here in the USA and you have an RRSP in Canada, be sure you file Form 8891 to make it tax exempt in the USA. If you're living in California guess what -- the earnings inside your RRSP are tax free on your US income tax return (Form 1040) but your RRSP earnings are taxable in California (Form 540).
Also don't forget Form TD F 90-22.1 -- the dreaded FBAR form. You're living here in the USA, so you're a resident and obliged on pain of death (I only slightly exaggerate) to disclose all of your foreign financial accounts. That means all of your Canadian accounts including RRSPs if you have them.
For the moment, stick with the TN. It means that you can easily exit the USA and eliminate exposure to US taxes if you need to.