About Alexander Beard Canada
As part of the expansion of Alexander Beard’s expatriate services, our latest overseas office was opened in Toronto early in 2005, providing financial planning advice to expats living in the USA.
Navigating your wealth across borders can be complex but with the right guidance, it becomes a strategic advantage. Whether you’ve built your wealth overseas, in Canada or both, we specialize in creating a Global Plan that connects your overall financial picture. We take the time to understand your goals, residency plans, and cross-border obligations, allowing us to craft a holistic strategy that keeps your journey financially secured.
Whatever your current Canadian residency status, whether you’re living in Canada full-time or plan to move again in the future, you may have left behind investments that carry certain tax advantages in one country but not in Canada. These mismatches can create complexity and inefficiency; we offer a number of tailored solutions to help you restructure or reposition these assets, so your wealth continues working efficiently, no matter where life takes you.
Our approach focuses on aligning your investments, pensions, and savings across jurisdictions while using smart tax-deferral strategies to optimize global efficiency.
For example:
If you are British, you may have heard the term ROPS – Recognized Overseas Pension Scheme. A ROPS is a UK-approved vehicle that allows you to transfer your UK pensions overseas. We have a number of ROPS approved Canadian Registered Retirement Savings Plans (RRSP’s) solutions.
If you are a USA citizen living or moving to Canada, and have left behind a 401K or an IRA, then you may find some US pension providers will not want to continue holding your account. We have a legal, tax efficient solution with respected US providers.
If you are Australian, Irish, Canadian or South African, living in the USA, then our offices in those countries can continue to look after any local investments and pensions left behind, as well as providing expert advice on releasing and reinvesting whilst meeting any government exchange control regulations and ongoing tax reporting, that may exist.