Tax Issues For Immigrants

This report reviews the estimates of the net fiscal costs of immigration made by several recent and well-publicized studies of immigration at the national, state, and local levels.

This book addresses the tax implications of migration, both from state to state and from country to country. It explores three questions: (1) How often do individuals receive free or heavily subsidized education in country or state A and then profit from it in country or state B, and what should be the tax consequences of this "brain drain", if any? (2) To what extent do people migrate from country or state A to country B for tax reasons, and what should country or state A do about it? (3) How often do individuals work in country or state A and then retire and receive pension income in country or state B, and what should be the tax consequences? The book also addresses whether corporate migrations (inversions) from the US involve movement of people as well as corporation and whether the same phenomenon happens in other jurisdictions.

A revised an updated edition that factors in the latest 2013 changes to tax law -- the definitive financial guide for Americans planning a move to Canada Hundreds of thousands of Americans are living in Canada today -- and the tax issues for everyone from green card holders living in Canada to Canadians returning home from years in the U.S. are astounding and complex. In easy-to-understand language, The American in Canada focuses on the eight key areas of transition planning: immigration, customs, cash management, income tax, retirement, estate planning, risk management, and investments. Do you have to file tax returns with the IRS? What income do you have to declare, and in which country? Should you leave your IRAs and 401(k)s in the U.S.? What immigration avenues are available to help you move into Canada? Do you qualify for Canada's socialized healthcare programs? What should you do with your home or rental property in the U.S.? These questions, and many more, are answered in this essential guide for the American living in Canada.

The Economic and Fiscal Consequences of Immigration finds that the long-term impact of immigration on the wages and employment of native-born workers overall is very small, and that any negative impacts are most likely to be found for prior immigrants or native-born high school dropouts. First-generation immigrants are more costly to governments than are the native-born, but the second generation are among the strongest fiscal and economic contributors in the U.S. This report concludes that immigration has an overall positive impact on long-run economic growth in the U.S. More than 40 million people living in the United States were born in other countries, and almost an equal number have at least one foreign-born parent. Together, the first generation (foreign-born) and second generation (children of the foreign-born) comprise almost one in four Americans. It comes as little surprise, then, that many U.S. residents view immigration as a major policy issue facing the nation. Not only does immigration affect the environment in which everyone lives, learns, and works, but it also interacts with nearly every policy area of concern, from jobs and the economy, education, and health care, to federal, state, and local government budgets. The changing patterns of immigration and the evolving consequences for American society, institutions, and the economy continue to fuel public policy debate that plays out at the national, state, and local levels. The Economic and Fiscal Consequences of Immigration assesses the impact of dynamic immigration processes on economic and fiscal outcomes for the United States, a major destination of world population movements. This report will be a fundamental resource for policy makers and law makers at the federal, state, and local levels but extends to the general public, nongovernmental organizations, the business community, educational institutions, and the research community.

This publication analyses recent development in migration movements and policies in OECD countries and some non member countries including migration of highly qualified and low qualified workers, temporary and permanent, as well as students.