this post was submitted on 26 Nov 2024
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No Stupid Questions

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[–] ryathal@sh.itjust.works 9 points 4 days ago (2 children)

It's generally not worth renouncing. It costs $2350 to do for one. While you have to "pay taxes" it's mostly just filing paperwork, you don't pay on your first $126,500 of income, and you can deduct taxes paid to your resident country as well.

[–] wildbus8979@sh.itjust.works 2 points 4 days ago* (last edited 4 days ago)

Flip side is you pay on all capital gains, while Canada doesn't charge on primary residence sales for example. And it makes investing far more complicated if it isn't in an RRSP (401k equivalent). TFSA's for example (the other retirement plan type) isn't included so if you have investments in a TFSA you're going to pay, including a base fee of ~700$ a year per investment accounts. Also your accountant is likely to cost you at least twice as much since you need to file twice (if not more cause CPAs that are certified in both countries aren't exactly commonplace).

[–] Don_Dickle@lemmy.world -1 points 3 days ago (3 children)

I read that the cheapest housing is in Manitoba with an estimate of 168k US. I so far got 250k in the bank. Basically I want somewhere remote grow some pot and be left the fuck alone.

[–] clockwork_octopus@lemmy.world 11 points 3 days ago (1 children)

The problem isn’t housing though, it’s the cost of living. EVERYTHING is more expensive in Canada, since almost everything is imported. Since the growing season is only about 3-4 months maybe (except for parts of BC), almost all food is imported (usually from the US, and as soon as those tariffs hit, the already-high prices are going to skyrocket). Clothing (of which you need double, since winter), books, school supplies, electronics, tires for your car (again, two sets), just every-fucking-thing is imported and expensive.

Housing costs are the least of your problems.

[–] Don_Dickle@lemmy.world -3 points 3 days ago (2 children)

I just want to buy a house have a couple acres. Grow stuff and maybe have a couple pot plants and resell them. Just living off what I can produce.

[–] clockwork_octopus@lemmy.world 11 points 3 days ago (1 children)

Do you think you can produce enough food in a 3 month growing season to keep you fed and healthy all year long? Do you already have a full set of proper winter clothes that are warm enough to make it through a Canadian Winter? Do you have a vehicle that has a block heater installed in it already, and winter tires for it? How are you going to pay for gas, and heat your house? And pay for electricity? And you may want to consider pot plant selling as a hobby instead of a main income source, since everyone grows their own already.

[–] Don_Dickle@lemmy.world -5 points 3 days ago (1 children)

Well the pot would be just for me. I would just build a big green house or hot house and hydroponic the shit out of produce. And hopefully get a business license to sell it to stores or a farmers market/

[–] Troubleinmind@lemmy.wtf 6 points 3 days ago (1 children)

You're not going to be able to live off produce grown and sold at farmer's markets. Unless you're a skilled worker with a degree or trade, or very wealthy, you won't be able to move here. If you want to live off grid, you can do that in the US. You can't just jump ship because the election didn't work out how you wanted it to.

[–] Don_Dickle@lemmy.world 0 points 3 days ago (1 children)

Is there any contract work for a person who is a certified Traveling Nurse or someone who has a diploma in Cisco's website?

[–] Troubleinmind@lemmy.wtf 2 points 3 days ago (1 children)

There are visas for RNs, you must still hold the certification, apply for a visa, your credentials will be verified to confirm they meet the required specifications and then you'll have to pass a an exam to confirm you possess the required knowledge to work as an RN. You may be required to speak French depending on where you work because this is a bilingual country.

As for a Cisco certificate? That won't work, you would require a degree in medicine, law or a similarly in-demand field.

[–] Don_Dickle@lemmy.world 1 points 3 days ago (1 children)

What about in Manitoba I looked it up the average price for a house is 168k. Is there anyway I can practice exam? And is avoiding Trump and hatred of what my country turned into get me thru inspection ....?

[–] Troubleinmind@lemmy.wtf 2 points 3 days ago (1 children)

You can't purchase a house unless you have a permanent resident card or are a citizen.

[–] Don_Dickle@lemmy.world 1 points 3 days ago

so basically i have to rent for three years?

[–] Breve@pawb.social 4 points 3 days ago (1 children)

Even though cannabis is legal to grow for personal use (under certain conditions), it is illegal to sell unless you get a proper license and there are tons of regulations.

[–] Don_Dickle@lemmy.world -4 points 3 days ago

I meant grow my own cannabis for just me and use the rest of the land to grow vegetables and produce. And just sell that kind of like a business.

[–] Troubleinmind@lemmy.wtf 10 points 3 days ago

So you think you can retire on the remaining $80,000? lol Canada is a very expensive country to live in.

[–] NeoNachtwaechter@lemmy.world 7 points 3 days ago (1 children)

and be left the fuck alone.

Until you need a doctor. And then some more...

[–] Don_Dickle@lemmy.world -3 points 3 days ago (1 children)

Traveling nurse unless I get show or break something I should be fine. Unless Canada doesn't offer vaccines then I am pretty fucked come new covid or flu seasons

[–] NeoNachtwaechter@lemmy.world 6 points 3 days ago

Traveling nurse

Not quite common here. Don't know about Canada, but you want to find out in advance.