Dear Mr. Ingram,
Thank you for taking the time to chat with me today. Before your cell
phone cut out, you asked me to send you an email with some basic
information about myself so that you could see what kind of application
process I might require to move to Vancouver from Washington State.
Below, I'll give you the basics. If you require additional
information, please let me know.
Warm Regards,
Information:
XX and XX, washington State
US citizens
I'm self employed. My wife is a homemaker.
Our income varies between $75,000-$500,000 a year (US $)
I trade stocks and futures and angel invest in small companies. I also
own an all-purpose entertainment company (just me)
.
The current director I'm working with is from Vancouver, so perhaps some
sort of employment situation could be set up in order to expedite the
process.
We're interested in selling our current home and purchasing one in the
$600,000-$750,000 range in Vancouver.
Obviously, we would prefer not to park $400,000 Canadian for five years.
However, if we did so, how might it be invested? A money market fund?
Other Canadian investments of our choosing.
=======================
david ingram replies:
To start with, you should go to http://www.cic.gc.ca/english/newcomer/guide/index.html and read the Canadian Government's site on immigrating to Canada
Start off and see if you qualify on your own.
To do that, either you or your wife (or both) fill out the self-assessing questionnaire at:
http://www.cic.gc.ca/english/skilled/assess/index.html
If either of you get 67 points on this self-assessment, , you will qualify if nothing else rears its head. The mark was 75 just a couple of months ago. If you get the 67, let me know and we can continue on from there with a standard application. In the meantime, you could buy a house here and spend a lot (really most) of your time here but would have to be a visitor and would be subject tot he possibility of being turned down.
If you had a bone fide job offer, that would make it much, much faster and increase your point score as you will see.
The last but far more costly method would be to come as an investor. Even this has different rules and different possibilities (as does the US with an E1, E2 and E5 investor differential.)
You can find out more about being an investor at:
http://www.cic.gc.ca/english/business/invest-1.html
You can find out more about Business in general at
http://www.cic.gc.ca/english/pub/busimm.html
and
http://www.cic.gc.ca/english/business/index.html
Last but not least is the Provincial business program which you will find at:
http://www.mcaws.gov.bc.ca/amip/pnp/
Do some prowling and see if you like what you see. I am adding your name to my US / Canada list which will also give you other things to look at or consider as the answers come down the pike.
You should also goto www.centa.com and read the section on US / Canada Taxation (second box down on right hand side). This will give you an idea of what you will be looking at for income tax situations.
Answers to this and other similar questions can be obtained free on Air every Sunday morning.
Every Sunday at 9:00 AM on 600AM in Vancouver, Fred Snyder of Cartier Partners and I will be hosting an INFOMERCIAL but LIVE talk show called "ITS YOUR MONEY"
Those outside of the Lower Mainland will be able to listen on the internet at
www.600AM.com
Local phone calls to (604) 280-0600 - Long distance calls to 1-866-778-0600.
Old shows are archived at the site.
This from ask an income tax immigration planning and bankruptcy expert consultant guru or preparer from www.centa.com or www.jurock.com or www.featureweb.com. Canadian David Ingram deals daily with tax returns dealing with expatriate:
multi jurisdictional cross and trans border expatriate gambling refunds for the United States, Canada Mexico Great Britain the United Kingdom, Kuwait, Dubai, Saudi Arabia, South Africa, Thailand, Indonesia, Egypt, Antarctica, Japan, China, New Zealand, France, Germany, Spain, Italy, Russia, Georgia, Brazil, Peru, Ecuador, Bolivia, Scotland, Ireland, Hawaii, Florida, Montana, Morocco, Israel, Iraq, Iran, India, Pakistan, Afghanistan, Mali, Bangkok, Greenland, Iceland, Cuba, Bahamas, Bermuda, Barbados, St Vincent, Grenada,, Virgin Islands, US, UK, GB, American and Canadian and Mexican and any of the 43 states with state tax returns, etc.
income tax wizard wizzard guru advisor advisors experts specialist specialists consultants taxmen taxman tax woman planner planning
preparer of Alaska, Alabama, Arkansas, Arizona,
California Denver Colorado, Connecticut,
Delaware District of Columbia Miami Florida,
Garland Georgia, Honolulu Hawaii, Idaho, Illinois,
Indiana Des Moines Iowa Kansas Kentucky,
Louisiana Bangor Maine Maryland Boston, Massachusetts, Michigan, Minnesota,
Mississippi, Missouri, Montana, Nebraska,
Nevada, New Hampshire, New Jersey,
New Mexico,New York, North Carolina,
North Dakota, Ohio, Oklahoma, Oregon.
Paris, Rome, Sydney, Australia Hilton
Pennsylvania, Rhode Island, Rockwall,
South Carolina, South Dakota, Tennessee,
Texas, Utah, Vermont, Virginia,
West Virginia, Wisconsin, Wyoming,
British Columbia, Alberta, Saskatchewan,
Manitoba, Ontario, Quebec City,
New Brunswick, Prince Edward Island,
Nova Scotia, Newfoundland, Yukon and
Northwest and Nunavit Territories,
Mount Vernon, Eumenclaw, Coos Bay
and Dallas Houston Rockwall Garland
Texas Taxman and Tax Guru and wizzard
wizard -
David Ingram's US/Canada Services
US/Canada/Mexico Tax Immigration & working Visa Specialists
US / Canada Real Estate Specialists
4466 Prospect Road (Personal residence by appointment only please)
North Vancouver, BC, CANADA, V7N 3L7
Calls accepted from 10 AM to 10 PM 7 days a week
Res (604) 980-3578 Cell (604) 657-8451
Bus (604) 980-0321 Fax (604) 980- 0325
davidingram at shaw.ca www.david-ingram.com
Disclaimer: This question has been answered without detailed information or consultation and is to be regarded only as general comment. Nothing in this message is or should be construed as advice in any particular circumstances. No contract exists between the reader & the author and any and all non-contractual duties are expressly denied. All readers should obtain formal advice from a competent financial, or real estate planner or advisor & appropriately qualified legal practitioner, tax or immigration specialist in connection with personal or business affairs such as at www.centa.com. If y
-------------- next part --------------
An HTML attachment was scrubbed...
URL: http://www.centa.com/CEN-TAPEDE/centapede/attachments/20040903/68527de0/attachment.htm
What's Related