Why do Canadians move to the US?
If you find the weather in Canada difficult, the Sunbelt certainly offers a better weather alternative. If you have loved ones who you miss living in the States then what can be more important than to be near family? Our clients who move to the US generally enjoy lower income tax and a higher after tax net in their pocket on an annual basis. And of course, if an attractive business opportunity knocks south of the border then why not?
The Threshold Issues
At our Firm we do not generally accept a client who can’t qualify for a US immigration visa or green card and US medical coverage.
Green Card
There are several programs available to obtain the right to live in the US including the EB-5 investor program which gets you a green card. A green card means permanent residency. Once obtained you are not bound by any job offer, investment, or temporary right to live in the US.
We like the EB-5 program because it is permanent. But it is not for everyone! It requires an investment of $500,000 US plus closing costs. It is not a purchase price to obtain a green card. It is an investment in a real estate project as a limited partner approved by the US Citizenship and Immigration Service (USCIS). For example, we successfully placed one of our clients in a
hotel development project in Seattle where the Marriott is the hotel operator. The project was built without mortgage financing and the client was able to sell his limited partnership interest a brief delay after completion of the project.