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Help? Citizenship question

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C0LE
Posts: 316 - Karma: 475
so my dad dropped a bomb on me today. he basically told me my options in the way of citizenship and some of the benefits and disadvantages of each. right now i currently am in grade 12 in canada and will be attending university in canada. i have an american citizenship and canadian permanent residency. i figure i have a few years to figure this all out but i have no idea what to do. if i were to get a job in canada at some point i could renounce my us citizenship. but then id never be allowed it back and its not something thats looked upon happily by americans. i would renounce because paying taxes in two countries is dumb and will cost me a lot of money until i can pick one. now if i got a job in the us and just let my permanent residency expire all would be good. but the way the economy is going now in the next 15 years canada (especially western) is going to have a lot more jobs than the US (my opinion. dont bitch at me for it) mainly do to the pure fact of resources in canada. now i would say straddling between the two countries would work because it would leave my options for what to do open. but if i did that i would be paying lots and lots and lots of extra taxes. im not really looking for a straight decision now. i have a few years to decide but i started thinking about it and its really complicated. +k for legit thoughts and opinions. -k for dumb shit
Mar 2 2011 9:38PM
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I.B
Posts: 8137 - Karma: 24,351
google is better then NSG
Mar 2 2011 9:39PM
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SkiThe603
Posts: 5376 - Karma: 498
Well dude, good luck making the choice, go with whatever you want and don't look back.
Mar 2 2011 9:42PM
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vailsux.com
Posts: 1769 - Karma: 440
Which do you like better?
Mar 2 2011 9:46PM
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Peter.
Posts: 23796 - Karma: 13,014
america doesn't want you anyway
Mar 2 2011 9:49PM
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ESAND
Posts: 1607 - Karma: 744
Click for larger image
Mar 2 2011 9:51PM
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Troy.
Posts: 5070 - Karma: 12,549
When you say "extra taxes" how much extra? A couple hundred, would be well worth it, to have that option open in the future. What I would do is keep both until I have a solid choice on what to do.
Mar 2 2011 9:53PM
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ESAND
Posts: 1607 - Karma: 744
Shit I just waded my way through all that shit. You don't have to renounce your us citizenship to get canadian. I know tons of people that hold dual US/Canada citizenship.
Mar 2 2011 9:54PM
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C0LE
Posts: 316 - Karma: 475
its not in a dollar amount. its in percentages. say i make 10 grand in a summer and that reaches the threshold for paying taxes in the us. i would have to pay say 10 percent here. and then an extra 5 to the us government. as the income goes up so does the tax percentagethat might not seem like a lot but id rather keep 80 percent of whatever im making for the rest of my life rather than 70 or 65
^ (i used that button that says enter. weird) i never said i had to renounce to get canadian. what im saying is i dont want to pay taxes to two governments. its a waste of money
Mar 2 2011 11:46PM
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Troy.
Posts: 5070 - Karma: 12,549
Is it possible to stay American, and then just have free travel to Canada? And how hard is it to become a Canadian? Because from what I've heard, American citizenship blows, so I would think go American, because it would be easier to go back to Canada than vice versa.
Mar 2 2011 11:58PM
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skier_boy26
Posts: 11295 - Karma: 502
You realize the USA is far bigger (more jobs) with far more industries and shit, and taxes are lower (for now)

just sayin
Mar 3 2011 12:02AM
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C0LE
Posts: 316 - Karma: 475
Yea i know. i feel like thats gonna change to canada though... just not sure when

^^ yea i already have american citizenship
Mar 3 2011 1:00AM
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skiminnesota
Posts: 9093 - Karma: 429
let me say that at age 17 (im taking a guess) i wouldnt want to make any decisions that could potentially alter the choices i have when im 35. (meaning who knows where you will want to be living)
Mar 3 2011 1:05AM
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Steve-Brown
Posts: 1894 - Karma: 810
i have a dual citizenship but its with russia and us
i dont have to do any russian things.

Mar 3 2011 1:07AM
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Arabian.
Posts: 9632 - Karma: 55
Keep ur US citizenship. The jobs are here, and by the time you're out of college, our country will be much better off economically. Better to weather the coming shitstorm in Canada, and then reap the benefits of your mellow academic climate than to become Canadian completely. And besides....



...'Merica.
Mar 3 2011 1:09AM
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ASkierNamedJaymz
Posts: 1209 - Karma: 341
And what taxes are you paying? isn't income based on if you live here not if you have citizenship? I don't think you would pay income tax if you were not a resident. Someone correct me if I'm wrong
Mar 3 2011 1:25AM
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Cufe.
Posts: 1950 - Karma: 262
If you can only have one, go canadian. if you break an arm or go to the hospital you can still have a home and money once you are better. Also, education is a ton cheaper here.

but, if you can have both, pay the bit extra and take the best of both worlds.
Mar 3 2011 1:28AM
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