Things to do before you leave the USA and return to Canada

dcheung
New Member



Joined: 08 Mar 2007
Posts: 4
Location: Connecticut

Posted: Thu Mar 08, 2007 6:29 am

 

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My wife and I live near New York City. Our time on our L-1 status will expire on March 31 -- forcing us to return to Canada.

In preparation of our departure from the US, and to prepare for our return to Canada, what things we should be doing to make the transition easier?

For example, any tax advice? For example, does it make sense to realize your capital gains you've made while in the States so as to avoid Canadian taxes?

If you live in New York City, what things would you do before you left it?

Any other tips or suggestions?

L-1 -- does anyone know that if our L-1 expires on March 31, do we have to leave by March 31? Any grace period ( I assume not)?

Any help is greatly appreciated!

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Reba
Moderator


Canuck in NC

Joined: 16 Jul 2004
Posts: 1306
Location: North Carolina

Posted: Thu Mar 08, 2007 4:31 pm

 

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I know nothing about L1 visas, or about moving back home, I just wanted to say to make sure to take advantage of any and everything you can in NYC while you're there, because you never know when you'll get back!

I love NYC, and my hubby hates it, so I'll probably not get back there any time soon. So much to see, so little money.
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