Awesome! If my question seemed vague it is because I know I don't know what I don't know!
I have distant relatives in Canada. (parents' cousins & my own) and was raised in Michigan - on the Canadian boarder. I have watched the steady decline of the US dollar to the Loonie since I was a child. In fact we were there less than 2 weeks ago. I can research real estate values and cost of living rather easily (Love the internet for that these days!) Yes I know it's cold. Not my cup of Tea - DH would just have to live with the heating bills.
I am assuming if MegaCorp wants us to go they will deal with the whole work permit or Immigration issues for DH. I am not employed beyond concierge tasks, cook, housekeeper and household CFO.
Meadbeth
Thanks for the links - the last on tax estimating is a gem. I was thinking only on income tax issues - how short sighted. Wow, we need to look at the impact on investment income in a big way. The Roth tax is a good example of what we need to consider. Even filing separately could have a major impact on our tax liability.
I was wondering how health benefits would be treated for us in Canada. We would not plan on remaining in Canada. Retirement is currently planned in seven years - we were hoping the move would move FIRE closer. I would guess that we would stay in Canada 2-5 years.
Ed_The_Gypsy
Yes - Big US city to Big Ca. City. Found a site that calculates that cost of living almost 50% higher. (Ouch) Salary negotiations could get interesting .
As a LBYM with kids grown, not much of a shopper. (I grew up seeing the Canadians cross the boarder to shop. I also have window shopped while in Canada - not impressive . Home is paid off.
"Income Splitting ? " Does this mean as a non working spouse we file seperately and split DH income between us ? I need to look into this .Paying a tax preparer would be a new expense for us. I can see how it would be a necessary expense - thank you for the estimate.
AltaRed
Mind melting considerations. As if our taxes and a regular move are not complicated enough ! Good questions and points I need to consider .
bosco
More excellent points - It underscores the need to research everything with time to reposition assets before any move .
Thanks again everyone - the issues give us pause. DH is close enough to FIRE that job aspirations are waning . This will help up see if MegaCorp is serious enough to make us an offer that will be further our goals , not just that of MegaCorp . (Not that I am skeptical
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