Who are Snowbirds?
"Snowbirds" are Canadian citizens /
residents who flock annually to warmer US climates to avoid
Canadian winter weather. By most estimates, as many as 500,000
Canadian citizens / residents make the journey south each year.
Indeed, Snowbirds make up one of the largest investor groups in
US residential properties, accounting for 19 percent of all foreign
home purchasers in the US and contributing over seven billion
($7,000,000,000 USD) in real estate purchases in 2017. It is also
true that most individuals who are "illegal aliens"
entered the US through legal means but have over-stayed due to
mistake or otherwise.
Through this and other MGTL blogs to come, we hope to dispel
some of the most common misconceptions among Snowbirds.
Specifically, this blog will highlight the different perspectives
between US immigration and tax law for Snowbirds to keep in mind as
they spend time in the US.