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A question we are asked often at our immigration law firm is whether or not there is a visa or a way that Canadian citizens can easily retire in the United States. Unfortunately, even though something like this would be hugely popular and a great cash grab for the US government, a retirement visa for the United States does not exist.
Canadians who wish to retire in the United States or even just overwinter in the United States do have options, however.
There’s perks to being a Canadian, as Canadian citizens can visit the United States for up to six months per year, in one big chunk or in smaller chunks. This is why many Canadian citizens spend their winters in the United States. However, they are not allowed to stay longer than that in any given year without an appropriate visa, and they must return home to Canada after six months away anyway to avoid cutting their ties to Canada and losing their provincial health coverage.
But many Canadians wish to live in the United States permanently, which requires a visa. There are a number of visas available that Canadian citizens may apply for, and investor visas may be the best option for many Canadians looking to retire.
For example, investor visas such as the E-2 visa or the E-B5 visa can be something that Canadian citizens can look into if they are interested or able to invest in the United States.
For the E-2 visa, the applicant would make an investment in a United States business and be able to stay in the United States for up to five years, which is the length of time this visa is valid for. This visa can also be renewed.
The E-B5 visa requires a higher investment and net worth, but this visa leads to permanent resident status in the United States.
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