Resources for Canadian Expatriates in Britain

While Canadian expatriates in Britain don’t need to learn a new language altogether, there’s a need to assimilate with how certain words are used. They may also have to get used to the non-availability of free parking, how to use the bus, among other things. The information below will help Canadians planning to move to the UK get an idea about living in the UK.

Traveling Around the UK

Taking a look at bus routes and that certain numbers pertain to certain destinations is important, Canadians should be aware that there are many bus companies and if you purchase a ticket from a certain bus, you would have to ride a bus from the same company upon your return or else you’d have to pay again. There’s also a need to flag down a bus when you’re waiting at the bus stop or else the bus driver will just drive past you.

Renting a Home or Apartment

UK has a confusing array of legalities when it comes to renting and if you come across a problem, you must remember that the civil courts will not help much in remedying your problem or defend your rights.

Looking for a place in the UK can be a bewildering experience because the norm in the country is for one to buy a house and not rent one. Like in other countries, the prices range from a modest USD 200 to something as extravagant as USD 3,000. While one would assume that the more expensive a place is, the better and the bigger the space, it is not always the case. Sometimes, renting a house in one neighborhood will cost less as opposed to another house with similar specifications located a mile away.

Know What You Owe The Taxman

There’s a need for you to file for a Canadian tax return annually. This should include all your income sources whether it’s Canadian or foreign. There will be lots of paperwork and among them is the document for your residency status in Canada, your departure tax, and tax for maintaining your residency.

Financial Planning

Before you take the plunge, ensure that you have appropriate banking arrangements. This depends on your needs of course. If you will still have bills to be paid back home, ensure that you have an offshore bank account to make transactions like this easier for you because offshore accounts are designed to deal with different currencies.

Aside from banking arrangements, you should also take a look at your life insurance policy and whether it covers you while you’re in the United Kingdom. Since you’re not a local, it is important that you get an insurance policy for medical expenses. Falling ill in a foreign country is not just an unfortunate event in terms of your health but will also cause problems when it comes to paying for your hospital bills.

Other considerations that you need to take care of include taking a look at inheritance laws in Britain and how it affects your last will and testament. If possible or if necessary, it is best to draft a new will. You should be prepared that groceries on a weekly basis can cost over USD 100 and the average meal in restaurants is around USD 50. Canadian expatriates in Britain know that generally speaking, living in the United Kingdom is quite expensive.