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You are editing an old version: By Anonymous at 2015-02-20 02:43:55
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I'm in the process of<a href="http://clxrsacuvt.com"> itimgraming</a> to Canada and perhaps you will run into the same sorts of things I am. Keep your US bank account open because its so much easier to pay US bills with US banks. Also, it was slightly difficult to get a Canadian bank account here without being a permanent resident yet. Its a pain to have to wire transfer or mail deposits to the US account, but really easier for the bills. You can still use the ATM card overseas, but you get hit with ATM fees and international service fees which are 10% of each purchase, at least with Wachovia.Make sure all of your bills are on email notification and automatic billpay due to mail delays and the fact the US postal service does not offer international mail forwarding. You have to sign up with a private service which offers that, or have your mail sent to a relative willing to mail it all to you monthly.Also of note, even though Canada uses the same credit reporting agencies that the US does, such as Equifax and TransUnion, they don't have access to the US side of things so your credit is no good. I wasn't even allowed to co-sign a loan with my husband for our new car. Once my immigration is complete, I'll get a credit card and start rebuilding my credit all over again.On the subject of cars, I dont know about the UK but in parts of Canada they have mandatory provincial insurance like here in BC. They slap you with a base rate of $317 a month for car insurance. If you can prove you have at least 8 years of claim free coverage from your US company, they'll give you a 40% discount, so I was able to get mine down to $190, but do request that "Letter of Experience" and dont do anything stupid with tickets or accidents or you'll pay through the nose.I think that's about all the financial issues I can come up with from my own experiences. Last bit of advice is to request notarized copies of every piece of identification you have, and immigration status papers, then photocopy it and carry it with you everywhere.
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