Posted: Thu Sep 25, 2008 9:45 pm-
pdxgrrrl wrote:
how easy would it be for me to move home? Is it as easy as just packing up the car and going, considering my cats have their shots and I have my Canadian passport and birth certificate?
You need to complete CBSA Forms B4 and B4A to declare all the goods you are bringing in, there is no duty on personal effects.
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How difficult would it be to import my car? I technically own it, but I still owe money on it to an American bank. Is that going to cause problems?
You must hold the title for it otherwise it's impossible. You have to get the headlights altered by Canadian Tire as well, have a look at
www.riv.ca - you have to make an appointment to declare the export on the US side before you can import it into Canada.
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And would I have to give up my green card or can I hold on to it for a while just to make sure Canada is still home and I won’t be heading back to the States?
Under the tax treaty you cannot be a permanent resident of both countries, if you are a green card holder but have Canadian citizenship and live in Canada, essentially that makes you a resident of both countries, which means you pay taxes twice on your income as you meet the definition of "resident" in both countries. So you basically have to give up your green card, because it's a declaration of permanent residency in the US.
The obvious solution is to apply for US citizenship. You already meet the residency requirements for it, I don't think you have to sit around and wait for it to be issued, you just go to the consulate here to take the oath.
You can be a non-resident US citizen, the snag is there is a limit on the US foreign tax credit of US$85,700, so if you earn over that you still pay taxes twice on the amount over that limit. You still have to file a US tax return every year (forever as a citizen). However anyone who has lived in the US for 8 or more years out of the last 15 has to file a return for the next ten years even if they're not a citizen, so you can't avoid that. But you're not actually subject to US taxes at that point, except on US-source income, whereas as a citizen you would be on amounts over the $85,700 limit.
If you ever plan on going back though the only (simple) legal way to do it is to get US citizenship.
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Steve.