Hey everyone,
I'll be working for an EB this summer out of their NY office but currently live in Canada. I'm an American citizen though so am not on a visa/work permit. Am I likely able to stay in Canada this summer, or will I be required to work out of the US (even though my internship is virtual)? Yes, I'm in the midst of asking HR but want to see if anyone has had a similar experience/what the outcome was.
| +289 | UBS Tech MD hires Son (from no-name college) as an Intern | 50 | 6h |
| +127 | Is banking in the south more sustainable? | 31 | 1h |
| +101 | The Intern Starter Pack | 18 | 11h |
| +76 | [Official] 2026 IB Analyst Bonus Megathread (with 2025 Consolidated Pay and Perks/Benefits) | 11 | 23h |
| +54 | Perella Weinberg to Cut 10% of Workforce, Including Partners | 35 | 6h |
| +40 | UBS Groups Ranked by Future Outlook | 20 | 2d |
| +37 | Are all Tech / TMT groups sweaty? | 21 | 2h |
| +37 | Is DCM actually underrated ? | 13 | 1h |
| +33 | PWP Layoffs????? | 18 | 4d |
| +32 | UVA McIntire vs Cornell Dyson for IB | 19 | 22h |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
You can stay In canada. I was same situation as you last year, you just use the firms address for tax forms.
Bump
Our US colleagues do this all the time (some of them worked out of Toronto since March 20 and are "based" in NYC). This is fine as long as the IRS know about it and everything is filed correctly.
So I'd just have to get the firm to file under my US address (as they already are) and everything should be okay?
Our firm does this anyway as they are incorporated in both Canada and the US. I am not well versed in tax situations at all, but I believe it happens just like you have described it. as long as the US firm files your paperwork and you declare everything in the US, your actual location shouldn't matter. Technically, you are "based" in the US. However, in certain circumstances expatriation tax rules apply; I don't think SA stints or this case would count though.
https://www.irs.gov/individuals/international-taxpayers/expatriation-tax
https://www.compareremit.com/money-transfer-guide/reporting-foreign-inc…
you could, in theory, claim a tax rebate if I read the articles and q&a correctly. But I am not sure. Maybe someone with more knowledge could write something.
(you would say you are earning in the US but do live abroad, but I could also be wrong. sorry.)
Amet quos sit est delectus omnis ipsa. Ut ut autem aliquid culpa asperiores sequi nihil iusto. Deserunt nihil illo sit ipsa facere sunt. Ut necessitatibus ratione omnis placeat. Asperiores non cumque ut illum doloremque id. Ut odio quod ipsam enim alias.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...