return to canada-issues to consider

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dannykoolSuper Member
Topic author
Posts: 148
Joined: 16 Oct 2007
Location: Europe

return to canada-issues to consider

Post Mon Aug 16, 2010 8:31 am

Hello

We may return to Canada soon and am looking at issues one must take care of before returning. Health care and taxes are some. Any ideas ?

thanks
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agnelsonCanuckAbroad VIP
Posts: 3264
Topics: 1
Joined: 26 Aug 2009

Re: return to canada-issues to consider

Post Mon Aug 16, 2010 11:28 am

For healthcare, depending on Prov, you are either re-instated immediately, or in BC, ON, and NB after 3 months (which is probably illegal, but why fight it). So for those 3 provs you'll need to have private healthcare (probably by extending your work covergae thru COBRA).

For taxes, you need to think about making sure you get all income items before you return rather than after. This includes rolling over as much 401(k)/IRA. etc, into a Roth, befoe resuming Cdn residency, in oder to avoid future taxation in eithr uS or Canada.

see sig for more info
This site is a travel site and not best source for these topics:
TN and TD info: http://forums.immigration.com/forumdisp ... -TN-Status
For US/Cdn taxes and SS/CPP:forums.serbinski.com/index.php
US Marriage-based Immigration: visajourney.com
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dannykoolSuper Member
Topic author
Posts: 148
Joined: 16 Oct 2007
Location: Europe

Re: return to canada-issues to consider

Post Tue Aug 17, 2010 3:17 am

thanks. I hope I dont need to consult a tax specialist for this.
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