Dilemma - move to the US of A??
Nov 24th 2009 | 6:38 am
#16
Democracy advocate
Joined: Mar 2006
Posts: 13,313
Re: Dilemma - move to the US of A??
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
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
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
Nov 24th 2009 | 10:18 am
#17
Thread Starter
Bring on the snow!
Joined: Jan 2006
Posts: 1,420
From: Chicago, IL
Re: Dilemma - move to the US of A??
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
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
Nov 24th 2009 | 10:21 am
#18
Thread Starter
Bring on the snow!
Joined: Jan 2006
Posts: 1,420
From: Chicago, IL
Re: Dilemma - move to the US of A??
If you're downtown anytime soon - I'll buy the drinks!
Nov 24th 2009 | 10:23 am
#19
BE Forum Addict
Joined: May 2004
Posts: 2,935
From: Amherst Nova Scotia
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
Nov 24th 2009 | 10:27 am
#20
Account Closed
Joined: Aug 2008
Posts: 7,284
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
Just in case you don'tknow of the CIC calculator for citizenship here it is https://services3.cic.gc.ca/rescalc/rescalcwizard.do
Nov 24th 2009 | 10:30 am
#21
Binned by Muderators
Joined: Jul 2007
Posts: 11,708
From: White Rock BC
Re: Dilemma - move to the US of A??
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.
Nov 24th 2009 | 10:39 am
#22
Thread Starter
Bring on the snow!
Joined: Jan 2006
Posts: 1,420
From: Chicago, IL
Re: Dilemma - move to the US of A??
I've made a sizable profit on my RSP portfolio, but assume thats still tax free. Before you bow down to my investment genius, I bought the house in April 2008 (oops)...
Nov 24th 2009 | 10:52 am
#23
Binned by Muderators
Joined: Jul 2007
Posts: 11,708
From: White Rock BC
Re: Dilemma - move to the US of A??
Yes, RRSPs are excluded from the deemed disposition rules. If you withdraw them after you become non-resident you suffer Part XIII tax but as long as the funds stay in the plan they are tax-free.
