Where the Middle Class Is Shrinking

Re:Where the Middle Class Is Shrinking by tostitos1979 on Saturday May 14, 2016 @11:01AM (#11696407)

Are you guys Canadian citizens? If not, be aware the PR process is really slow (probably slower if you have to do a spousal sponsorship). The tax treaty between US and Canada makes the prospect of working in the US not that bad ... you need a good/expensive accountant to help you sort through the various complexities. Air Canada will make you suffer if you have to fly back for business meetings. If there is any way to avoid remote work, I'd suggest you take it. We had to do this for various reasons and it led to a lot of personal sacrifices and suffering.

In addition, I think Bay area real-estate is a far better deal than TO or YYZ real-estate. The key reason is that you can get a 20-30 year fixed mortgage in the US while you will you only get a 5 year in Canada. The -average- detached house in Toronto is 1.2 million bucks. Absolutely out of whack with incomes. In the Bay area, prices are high but so are incomes.

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Re:Where the Middle Class Is Shrinking by escape_plan on Saturday May 14, 2016 @01:55PM (#11697277)

My wife is citizen, and I still have a year and a half left on my H1, so can continue to work from Canada I think till I get my PR and then the switch can happen. The meetings are more or less Webex/Google Hangout like stuff, I don't expect to fly for frequent business meetings but more for being in sync with HQ.

I agree Bay area real-estate is better and so are the incomes high, but I think I will save on child-care and stuff as both me & my wife's parents can baby-sit and even though how much I like to live in Bay Area, the current immigration system is making me cringe as neither her nor my parents can stay here for more than 6 months, whereas the super-visa in Canada can help us start our family more easily.

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