Hi folks, I might have to move to Canada because I didn't get H1B yet. I have funds in Robinhood for a brokerage and IRA accounts and I'm not sure what to do to continue being able to invest and not sell my stocks or get taxed for IRA early withdrawal. I've heard for regular stocks I can transfer to Questrade. What should I do about IRA? Any reccomendations for IRA providers that allows trading for non US residents?
IIRC, IRAs can be converted to RRSPs (or something) but it's not straightforward. You want a cross-border financial advisor who's familiar with tax laws on both the Canada and US side. Google it
Most large companies will let you keep a retirement account, but only permit sales and withdrawals; no trading. VTI and chill is a reasonable strategy.
Transfer stocks and cash to Interactive Brokers, you also get $1000 referral bonus upto 1% of the transferred assets value. I did the same before moving to Canada. Now I trade in my US account itself DM for referral.
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