Leave your worries behind

Taxes, making a will and mailing...

Take care of all your money matters before you leave or arrange to have someone oversee your financial and tax obligations while you are away. If you are living abroad but maintain residential ties in Canada, you are considered a factual resident of Canada for taxation purposes. Review your tax situation before you leave to avoid unnecessary payments and complications!

Making a will

While living abroad may not be any more dangerous than living at home, numerous complications come into play in the event of a death abroad. To prevent problems in the case of your untimely death, make a will before you leave and submit it to your notary. If you are planning a long stay, you may consider having two wills – one for Canada and one for the foreign country – since different legislation will apply.

If you have children, name a person to care for your minor children in the event of your death, and submit the will in writing, and sign it in front of at least two witnesses. This will ensure that your will is valid and legal in the event of your untimely death.

Mail

Make sure your mail is forwarded to you or a close contact who will be taking care of your financial and legal matters while you are abroad.

Keep in mind, e-mail is an efficient way to manage administrative and financial matters while abroad without spending a fortune. You can also stay in touch with relatives and other contacts using videoconferencing technology and online chat rooms. Be sure to acquire any access numbers or codes you may need before you go.

You may also want to contact your cellphone provider to see if your phone and service can be used in your host country if you change the SIM card.