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Can a canadian citizen buy a house in Florida, live retired and open a homebased business?

Do you know any links that help with the legal part, taxes and real estate in Florida. Do you still pay taxes in Canada if you live in US.

Public Comments

1. I believe you have to have a work visa in the US to do this, I'm not sure about the taxes.
2. you never mentioned if you plan on staying year round. If you are moving there are papers and visas to get, a work visa will be necessary if you do work that will be sold.Of course with Canadian laws as they are , your national benefits ,I believe are cut off after your being out of country more than 6 months.Good luck, you will need it. As for purchasing a house, many places will not give you a mortgage now if you aren't a US citizen.
3. ask my friend in london ontario, she visits for 30 40 days then goes home for 30 days without. payes canadian taxes
4. I am a naturalized U.S. citizen who came from Canada in 1981. I had bank accounts in Canada for a while which I still paid taxes upon until I closed them and my parents owned property which they still paid taxes upon in Canada. Any real estate agent in Florida can help you find a house in Florida. The real nitty gritty part is getting somebody to sponsor you for a green card which makes you a resident alien in Florida and the USA. A home based business can be opened if you follow the local ordinances and covenants of the community you reside in when you find your house in Florida. If the community doesn't want flea markets in your neighborhood watch out. In Rio Rancho New Mexico we do not allow this with the exception of a once or twice a year neighborhood garage sale. I understand that America is also the only country on the planet that allows you to deduct the interest you pay on your mortgage, from your personal income tax return. A home based business can be an audit trigger with the IRS so be careful what you deduct. I recommend that you do not deduct the floor space or electricity prorata from your taxes as this will create other problems for you later on. As your income goes up you must plan to avoid, not evade, but avoid the alternative minimum tax. Thats a topic for another question. Welcome to America. I hope you become wealthy. What kind of business?