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Leaving the door open
Hello all,
I am currently in a major quandary about returning to the UK from BC. At present I would say it's about a 60/40 split in favour of coming back. I don't have property to sell so there would not be too many threads to tie up apart from the emotional ones. However I have PR for at least another few years so what am thinking is it would be good to leave the door open for a return, if I realised on my return I had made a big mistake. In order to leave the door open so to speak, what things should I keep going in Canada, eg bank accounts, tax, medicare, so if I did return would not have to start from scratch again. Or is it really not worth it? Thanks as always for advice CR |
Re: Leaving the door open
I think maybe just the bank account really. Stick a few hundred dollars in a savings account, close up any chequing accounts, etc, and leave that open with one institution. I don't know how they would feel about having a non-Canadian address? Sometimes, when people open accounts when moving here, they can use the bank's own address until they have their own. Maybe you could do that - and then switch to no-paper/emailed statements etc? Just say you will be out of the country for a while. No need to elaborate.
Make sure you file any tax returns for the year or part year you leave. Anything else can be caught up with at a later date - once you know where you will end up. Medicare - I'd just let that lapse. We too are at that 60/40 stage and it's doing my head in ;):D |
Re: Leaving the door open
Originally Posted by snogood
(Post 7282762)
I think maybe just the bank account really. Stick a few hundred dollars in a savings account, close up any chequing accounts, etc, and leave that open with one institution. I don't know how they would feel about having a non-Canadian address? Sometimes, when people open accounts when moving here, they can use the bank's own address until they have their own. Maybe you could do that - and then switch to no-paper/emailed statements etc? Just say you will be out of the country for a while. No need to elaborate.
Make sure you file any tax returns for the year or part year you leave. Anything else can be caught up with at a later date - once you know where you will end up. Medicare - I'd just let that lapse. We too are at that 60/40 stage and it's doing my head in ;):D It really is horrible being torn between two places - way way worse than making the decision to come in the first place. I hate to quit on things, but at the same time I do miss home (and that's what the UK is) |
Re: Leaving the door open
we are heading back to scotland from aus some time this year.although we have dual citizenship ,we are keeping medicare,bank accounts open just in case(if i cant settle) been here almost 18 years .its like you say doing your head in.feel iam in limbo at the moment.
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