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throwaway88640

8 karma · joined March 11, 2015

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throwaway88640··on Ask HN: Has anyone had success with Canada's startup visa?
I'm a dual-citizen who has done software startups in both countries.

The advantages of Canada are:

- free health care, especially important for self-employed

- retirement plan easier to contribute for self-employed

- easier tax preparation (no AMT, no IRS 20 rules, etc.) resulting in lower overall taxes for self-employed with deductions

- cheaper to hire educated people

- no federal deficit, so no looming financial crisis

- virtually no police shootings, SWATing, executions

- French/English divide is not an issue outside of Quebec

- good to excellent public schools, few discipline problems

- no global income reporting.

- no Selective Service for you or your kids

- Toronto is an interesting combination of finance/software/mfg, great place for robotics, makers, etc.

- Canadian Tire money can really add up!

- if you're middle class, it's good to be the king!

Advantages of USA are:

- much easier/possible to get venture investment

- Silicon Valley

- often the dollar is higher, though I'm not sure why

- if you like guns or are far rightwing, welcome home

- good place to practise trauma medicine/prosthetics

- if you're the 1%, it's good to be the king.

Same in both countries:

- 401k and RRSP are very similar

- same ACH network

- same timezones.

- same urban housing prices

- same culture, but the USA has guns and Canada has politeness.