Canada offers numerous benefits for American retirees as a neighbouring country with a stable economy and high quality of life. However, navigating the process of retiring in Canada as an American involves several important considerations, from immigration requirements to tax implications.
No you willl not. So long as you are eligible to collect SS benefits, and are collecting, you may continue to collect while residing in Canada . And having dual citizenship has no effect on your continued eligibility. Best regards XX XX am glad to help.
Countries that have an agreement with Canada CountryEffective dateMaximum period of initial detachment China 2 January 1, 2017 72 months Croatia 60 months Cyprus 24 months Czech Republic January 1, 2003 60 months57 more rows •
If you lived and worked in Canada and in another country, you may qualify to receive both a CPP retirement pension and a pension from the other country. Canada has international social security agreements with a number of countries.
If you earned Social Security benefits, you can visit or live in most foreign countries and still receive payments.
If you are a U.S. citizen, you may receive your Social Security payments outside the U.S. as long as you are eligible for them.
As a non-resident of Canada, you may be entitled to apply for Canada Pension Plan (CPP) payments and Old Age Security Pension (OAS) payments. Canada also has agreements with a number of other countries that offer comparable pension programs.
If you have social security credits in both the United States and Canada, you may be eligible for benefits from one or both countries. If you meet all the basic requirements under one country's system, you will get a regular benefit from that country.
Residency visa or permit: If you stay in a country beyond the period allowed by a typical tourist visa (usually three to six months) for reasons such as retirement abroad, you'll need a residency visa or permit.