Moving Home to Newfoundland & Labrador
Many Newfoundlanders and Labradorians had to move away to pursue their careers in other provinces. If you are one of those people, we can help you develop a targeted plan for moving to, retiring, and reinvesting your assets in this province. We can:
- Help you determine when will be the right time to make your move home.
- Build a flexible retirement strategy that will let you visit your family and friends regardless of what provinces or country they reside in.
- Guide you in the sale of assets within the current province you reside.
- Taxation advice that will help you offset interprovincial travel expenses.
- Strategic support when caring for elderly relatives.
Specialized Support and Financial Advice
Estate Planning
Moving home can require you to revise your estate documents, such as your will and power of attorney. We can assist in the preparation of your estate documents to ensure they accurately reflect your wishes. We can also help you designate an executor and power of attorney who can work effectively on your behalf within the province of Newfoundland & Labrador.
Tax Planning
We can guide you to ensure the most tax efficient sale and purchase of real estate, including vacation properties and any other major assets. If you realize excess equity from your move home, we can assist in the investment of these funds to guarantee the most tax efficient outcome.
Retirement Planning
If you are fully retired after you come home, we can assist you in structuring your retirement income to meet your goals. We can also help develop a strategy to fund any travel expenses that could arise from frequent visits to see family in other provinces.
Our team is eager to meet with you to better understand your unique circumstances and provide you with the best possible solutions.