How to Retire to Canada from the United States

Howt oRet i r et oCanadaf r om US

Theav er ageAmer i c andoes n’ tr eal i z ej us thowdi f f i c ul ti ti st omov et oCanada.Yes ,Canadamaybej us tt ot he nor t handi nmanyway s ,i ti ss i mi l art ot heUni t edSt at es ,butr el oc at i ngt ot hec ount r yc anbedi f f i c ul t .

Canadai snoteas yf orAmer i c anst or el oc at et oaf t err et i r ementandt her ear enos pec i al pat hway sf orYank st o f ol l owt oaneas yl i f ei nt heGr eatWhi t eNor t h.I fy ouwantt or et i r et oCanada,t heny ous houl ddos omepl anni ng bef or ehand.I tmayt ak emont hsory ear st obel egal l yal l owedt or el oc at et oCanadauponr et i r ement .Ther ear e af ewar east oc ons i derdur i ngt hepl anni ngs t aget hes ear easi nc l ude: Vi s asandr es i denc yper mi t T ax es Thec os tofl i v i ng

Resear cht heCanadavi sast hatar eavai l abl e Youmaynotev enneedar es i denc yv i s at os t ayi nCanada.Al l Amer i c ant our i s t sar egr ant edt our i s tv i s asf or upt o183day s–t hati sr oughl ys i xmont hs .T our i s tv i s asc anbeex t endedwi t hal i t t l ebi tofpaper wor k .

AsanAmer i c ant our i s t ,y ouc anopenabankac c ounti nCanadaandbuyav ac at i onhome.I fy ouwantt os pend t i mei nCanadaandat anot herl oc at i ondur i ngt hey ear , t hi si sagr eat opt i on.

Of c our s e, bef or egoi ng, mak es ur e y ouar eal l owedi nCanada.Thec ount r yhass t r i c tpol i c i esoni ndi v i dual st hatar el eti nt ot hec ount r y .

I fy ouhav ef ami l yi nCanadaal r eady ,s uc hasy ourc hi l dr en,t heny ouc anappl yf orapar ents uperv i s a.

Ther ei s al s oagr andpar ents uperv i s aal l owi ngy out ol i v ei nCanadaasl ongasy ourgr andc hi l dr enl i v ei nt hec ount r y .

www. emi gr at ec anada. c om

Canadat axes T ax esc anbeas t i c k ys i t uat i onf orAmer i c answhor et i r et oCanada.

Youc ans t i l l r ec ei v eSoc i al Sec ur i t ybenef i t swhi l el i v i ngi nCanada.Howev er ,y ouar es t i l l s ubj ec tt oAmer i c ant ax es .Ret i r eeswhor el oc at et oCanada mays t i l lhav eU. S.t ax est opayont hei rr et i r ementi nc ome.Theywi l lal s oneedt opayCanadi ant ax eson anymoneyear nedt her e.

U. S.r et i r eesi nCanadawi l l needt odec l ar et hei rwor l dwi dei nc omet oCanada’ sRev enueAgenc y .Youwon’ t bedoubl et ax ed,howev er .TheU. S.andCanadat axt r eat yens ur esy ouc anopt i mi z ey ourt axr et ur nt oget benef i t sf orl i v i ngnor t hoft hebor der .

Li vi ngcost s Thec os tofgoodsands er v i c esdi f f erac r os sCanada,j us tl i k ei nt heU. S.Dependi ngont hear eai nwhi c hy ou l i v e, y ourl i f es t y l ewi l l bedi f f er ent .

Hous i ngc os t si nCanadac oul dbel owerandal l per manent r es i dent sbenef i t f r om Canada’ ss oc i al i z edheal t hc ar es y s t em.

Notev er y t hi ngwi l l bel es sex pens i v ei nCanada.Sal est axc oul dbehi ghert hanwhatr et i r eesar eus edt o.I n addi t i on,f oodi t emsi mpor t edf r om Amer i c aar emor eex pens i v e.I naddi t i on,Canadahasc er t ai naut omobi l e r egul at i onsf oremi s s i onsands af et y .

Yourv ehi c l emus t bemodi f i edt omeet Canada’ sr equi r ement s .

Gas ol i ne i smor eex pens i v ei nCanadat hani nmos tpar t sofAmer i c a.

I fy ous t i l lpl ant or el oc at et oCanadaaf t err et i r ement ,t heni ti swor t hs eek i ngoutaf i nanc i aladv i s ort ot al k abouty ourf ut ur e.Al t houghmov i ngt oCanadac anber ewar di ng,i fy ouar en’ tawar eoft hev ar i ousi s s uesat pl ay ,i tc ant ur ni nt oas t r es s f ul ex per i enc e.

www. emi gr at ec anada. c om