Expat Finance Services in Canada
The currency in Canada has been the Canadian dollar since 1871, where it replaced several smaller currencies issued by individual provinces. It has been pegged to the US dollar at various times, but has elevated since 1970. Bills currently in circulation include 5, 10, 20, 50 and 100 dollar notes. 1 dollar notes were replaced with coins in 1989, and 2 dollar notes were replaced with coins in 1996.
Bank accounts are practically essential in Canada, and getting one there is not a complicated task. The requirements are usually just two forms of ID and proof of address. Foreign residents usually will also need a reference from their sponsoring employer or school. Banks aggressively charge numerous fees if there are too many transactions per month. Debit cards are issued with Checking accounts, and ATM machines are widely accessible. Savings accounts in Canada do not offer much interest in comparison to other countries.
The most widespread banks in Canada are the Royal Bank of Canada, TD Canada Trust, the Canadian Imperial Bank of Commerce, Bank of Nova Scotia, and Bank of Montreal. The three most common credit cards are American Express, Master Card and Visa.
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Currency Exchange in Canada
Paying for items or services or moving finances to another country from Canada involves foreign exchange services. Check out the most popular forex companies today and compare the rates.
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Current Account in Canada
Expat life is exciting but not always easy, especially in terms of banking. When you open a current account in Canada, make sure it's flexible and global in scope. Find one now!
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Offshore Savings in Canada
Global savings accounts in Canada provide unique benefits to expats, like minimal maintaining balance and multicurrency abilities. Compare accounts now!
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Expat Mortgages in Canada
Providers of offshore mortgage in Canada provide free quotes to expatriates. Compare offshore mortgage consultants and make an enquiry now! Zero obligations!
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Financial Advice in Canada
As an expat in Canada, there is no assurance that you will achieve your investment objectives. Still, a correct risk profile review by a financial specialist can shoot up your chances.
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Expat Savings in Canada
Canada has one of the highest expat populations in the world, thanks to its sound immigration laws. Expat may make free enquiries about their savings, retirement and educational plan options through financial advisers.
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QROPS in Canada
Many UK expats in Canada control their pensions via Qualifying Recognised Overseas Pension Schemes. QROPS, which receive UK pension transfers, invest in stocks, trust and other high-yield products. Call a QROPS expert for a no-obligation consultation.
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Online Broker in Canada
Expats living in Canada may participate on currency trading, Contracts for Difference (CFD) trading, and other investing activities through online brokers. Our list provides options for expats with unique needs and financial goals. Grab the best deals now!
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US Expat Tax in Canada
Americans moving to Canada are mandated to file US tax returns each year. For assistance, speak with experts knowledgeable on US tax laws. Avoid unnecessary troubles, seek expert advice today!
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Tax Advisory in Canada
Canada requires all citizens and expats to pay tax on income earned from whatever source. Get expert advice on tax returns, availment of credits and deductions, tax planning and more.
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