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Re: Dilemma - move to the US of A??
Originally Posted by Rob_999
(Post 8122102)
Thanks Bill - that gives me some ammo to start asking more questions. The company is multi-national and they've hired foreign workers before so hopefully they know what the process is....
Having just got to grips with the Canadian immigration system, now a whole new bunch of acronyms to figure out and forms to complete... ugh :eek: Your partner probably will not be allowed to work when you are on an H1B. If the company makes you redundant you have very little time to leave the country or find another employer to transfer the H1B to. Many employers have a natural desire to not apply for a Green Card for you until nearer the end of the 6 years on H1B - on H1B you are stuck working for them and its very hard to move, on a Green Card you can go where you like. If it was a company transfer on an L visa I'd say go for it, as its a new employer and probably on an H I'd spend a bit of time considering the full ramifications. Don't forget the health coverage, 401k, vacation days, etc etc. Good luck |
Re: Dilemma - move to the US of A??
Originally Posted by Cape Blue
(Post 8122242)
If you are British and it's not a company transfer I think you are looking at an H1B type visa which, after a few years the company (not you) can apply for a Green Card. H1b will require degrees, experience, etc (look at the US immi forum).
Your partner probably will not be allowed to work when you are on an H1B. If the company makes you redundant you have very little time to leave the country or find another employer to transfer the H1B to. Many employers have a natural desire to not apply for a Green Card for you until nearer the end of the 6 years on H1B - on H1B you are stuck working for them and its very hard to move, on a Green Card you can go where you like. If it was a company transfer on an L visa I'd say go for it, as its a new employer and probably on an H I'd spend a bit of time considering the full ramifications. Don't forget the health coverage, 401k, vacation days, etc etc. Good luck |
Re: Dilemma - move to the US of A??
Originally Posted by JonboyE
(Post 8122218)
Selling would make it easier to go non-resident for tax, if that is what you want, unless you could show it was a profitable investment
If you're downtown anytime soon - I'll buy the drinks! |
Re: Dilemma - move to the US of A??
I would hold off making a decision with the house until you know what visa you will be applying for and if GC what category. If you only meet EB3 category then you have a long long wait ahead of you due to retrogression If you meet EB2 or 1 then it will be quicker
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Re: Dilemma - move to the US of A??
I'd go. Chicago is a great city.
Just in case you don'tknow of the CIC calculator for citizenship here it is https://services3.cic.gc.ca/rescalc/rescalcwizard.do |
Re: Dilemma - move to the US of A??
Originally Posted by Rob_999
(Post 8122706)
Tax - another thing to consider. Many questions.... I seem to recall there's a deemed disposal of assets if you leave the country??
If you're downtown anytime soon - I'll buy the drinks! |
Re: Dilemma - move to the US of A??
Originally Posted by JonboyE
(Post 8122730)
There is a deemed disposition, but there are many exceptions. You are unlikely to get dinged unless your have made a capital profit on equities since you became resident in Canada. If you did, I'll buy the drinks in exchange for some tips.
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Re: Dilemma - move to the US of A??
Originally Posted by Rob_999
(Post 8122758)
I've made a sizable profit on my RSP portfolio, but assume thats still tax free
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