Moving Back to Canada Questions


I've been living in the USA for 20 years now and am thinking of moving back to Canada. Is that a bad idea or good idea? Will I be taxed on 20 yrs of income in the States (I have had zero financial ...


Moving Back to Canada Questions

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hc
Junior Member



Joined: 08 May 2007
Posts: 17



Posted: Tue Feb 26, 2008 4:58 pm
 

Go Home.

I just gave notice yesterday here in Colorado. A year was enough for me. We look the same, we act the same but culturally we are way different than the Americans. I miss being able to make fun of myself and not caring what others think.

Its time to go. I can't wait for real Molson Canadian, Keiths and Kokenee. Can someone say Timmy's. Holy crap I miss Tim Hortons. Don't forget clean air, free unpopulated forests, and good ole Canadian healthcare baby.

I hate cold weather, but you know when you live in the most truely free, most beautiful country on the planet.be thankful. It isn't an illusion like some countries Wink

Megachops
Junior Member



Joined: 04 Sep 2007
Posts: 19
Location: USA


Posted: Tue Feb 26, 2008 6:20 pm
 

I can't wait to get back. got my passport and social insurance card this week and i'm counting the days. really looking forward to coming home.

yekcoh
Junior Member



Joined: 09 Mar 2008
Posts: 10
Location: ontario


Posted: Sun Mar 09, 2008 3:12 am
 

oohmercyme wrote: Move home! Very Happy
.
Just MHO, but I'd rather live in Canada than the states anyday (she says from London, England were she has resided for nearly two years!)I'd say quality of life, quality of education, and general atmosphere are better in Canada....


So many illegal immigrants. The USA is so full that even the illegals are complaining about the lack of jobs for illegals. They are moving further North. Where could that be? Oh,Canada. The illegals will soon be there to greet you.

Reba
Moderator


Canuck in NC

Joined: 16 Jul 2004
Posts: 1174
Location: North Carolina


Posted: Sun Mar 09, 2008 7:02 am
 

People have been in Canada illegally already for decades. Its nothing new.
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jwatt10k
New Member



Joined: 09 Jul 2008
Posts: 1

Posted: Wed Jul 09, 2008 3:20 pm
 

Hello fellow Canuks. So, been living in the States for 6 years and just got my citizenship. I'm married with one kid. The wife is a Yankee. I may have the opportunity to move back to Canada for work. Is there any issue crossing the border to live with my wife? Do I need some sort of documentation to get across? I noticed there are permanent resident forms for sponsoring a spouse who is already living in Canada and for those abroad, but I need some guidance on getting into Canada with an American to live. Any help?

Reba
Moderator


Canuck in NC

Joined: 16 Jul 2004
Posts: 1174
Location: North Carolina


Posted: Thu Jul 10, 2008 4:49 am
 

check out http://www.roadtocanada.com for info on immigrating to Canada.

Your quickest option would be to sponsor her and have her apply "out-land". This usually takes about 4 to 9 months. If you move now and apply "in-land" it can take well over a year, and then she can't work or do much of anything during that time. I don't think she can even get provincial health care either until after she officially "lands" and gets her permanent residency.

The paperwork is fairly straightforward, and if you've managed to manuver the US immigration process, you can do Canadian no problem!

For your child, did you register his/her birth abroad so that he/she has dual citizenship?
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I miss Shreddies!

Are you in the US or Canada? Want to make some extra money? Check out My Watkins website for some awesom products and business opportunity.

Steven
CanuckAbroad VIP



Joined: 28 Sep 2007
Posts: 1122
Location: Calgary


Posted: Thu Jul 10, 2008 9:32 am
 

jwatt10k wrote: Is there any issue crossing the border to live with my wife?


Immigration BS apart, there's also the tax issue. US citizens have to file a US tax return forever (regardless of where they live), and when you die your estate may be subject to US estate tax (it's going to be abolished in 2010, but Obama wants to re-introduce it).

The foreign tax credit in the US for 2007 maxes out at $85,700, so assume that if your earnings are more than $86,000 you will be subject to dual-taxation on earnings over that amount. I'm not sure what the exemption is for married couples.

There's a Bill in Congress to repeal the limit on the foreign tax credit (it was introduced in 2006) but I'm not sure what's happening with it at the moment.

Even if you both renounce US citizenship, there is an "expatriation" tax on US-source income, but it only takes effect at pretty high income levels. If your job is in Canada it's unlikely you would be affected by it. But you still have to file a US tax return for ten years, even then.
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Steve.

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