Snowbird Financial Consulting (SFC) offers professional consulting services designed to help Canadian Snowbirds with their property purchase and lifestyle in Florida. Each strategy saves clients thousands of dollars on interest, taxes, fines, and negotiation tactics. Our services include;
Real Estate and Investing
Investment strategies – Where is your money coming from? The origin of your money can become a large tax burden if you are not careful. SFC will work with yourself and your financial advisor to ensure you are strategically placed in the best situation.
Mortgage Financing – We provide ways to save you thousands in interest savings. SFC will also inform you of the differences between US and Canadian mortgage financing.
Real Estate Advice – This service pinpoints the client's real estate options discussing key interests and budget. Preparing each client on what challenges to expect during and after the purchase of their new property south of the border.
Border Regulations – Providing advice on the proper forms required for admission to the United States. Discussing the entry items that must be on hand and ready to provide if requested.
Residency Regulations – Visa requirements can be confusing. SFC will provide information on the difference between each visa. The length of stay each visa will allow. Along with the difference in how U.S Customs and Border Protection calculates your stay compared to the Internal Revenue Service.
Canadian and United States Tax – The countries do have a tax treaty. However, if you are not prepared there are some areas which can become expensive. SFC will ask questions like, will this be a rental or vacation property? Will you be working out of your vacation property? We will then construct the best way to set up your purchase. This way you pay the reasonable amount in mortgage interest and capital gains. Finally, if required, we will discuss the proper tax forms you will need to fill out for the IRS.
US currency strategies - Exchanging your money in the right place can save you thousands. The big banks make top dollar on your money when exchanged. There are better and cheaper options available.
Legal and Accounting – Snowbird Financial Consulting will provide you with basic guidance on legal and accounting. However, it’s always recommended you speak to a professional lawyer or accountant regarding your situation. If appropriate clients will be referred to professionals.
The Membership Plan
Clients also have the option of becoming a member. With a five year membership with SFC, clients receive up to five hours of consulting for the first year. Every year after, clients have the option to continue to receive advice about all the categories listed above from a dedicated agent. The initial consultation provides clients with information that requires immediate attention and an annual review ensures our clients are on track to continue enjoying life as a Canadian Snowbird.
Each client will also receive quarterly newsletters providing updates on changes that will impact them.
Snowbird Financial Consulting is located at: 4851 Tamiami Trail N, Suite 200, Naples, FL, 34103 and 80 SW 8th St, Suite 2000, Miami, FL, 33130.