Bridging the Border to Your Financial Future
After You Move to Canada
At Keats Connelly we provide our clients with an Action Checklist of tasks to be accomplished as part of every Cross-Border Plan we write. This Action Checklist typically includes 30-40 items that need to be addressed in order to successfully exit the U.S. for a return to Canada or to establish first-time residency in Canada. These items can include:
- Review of immigration and residency status
- Preparation of final U.S. tax return and start-up Canadian return
- Procedures for importing vehicles, obtaining a mortgage and credit card in Canada
- Strategies for liquidating certain U.S. investments prior to departure
- Participating in Canadian retirement plans
- Managing a pre-entry trust from the Canadian side of the border
- Having estate planning documents reviewed and rewritten in Canada
- Obtaining new insurance coverage
- Getting the best foreign exchange rates
Most individuals relocating to Canada need assistance understanding the importance of each action item and completing them in a timely fashion. Your personal Keats Connelly Financial Planner will guide you through the implementation of these Action Checklist items to ensure a successful move to Canada.
Before You Move
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