Are you planning to live and work in Canada for a long time? If so, it is more convenient to open a Canadian bank account. To get started, I answered a few questions about how to open a Canadian bank account as a non-resident. We hope this information helps make your trip to Canada as pleasant and easy as possible.
You do not legally need to have a Canadian bank account to work in Canada. However, most employers prefer one because it is easy to process payments and pay taxes. You can also create a credit history. Anyone employed in Canada must pay taxes. Non-residents who do not have a Canadian bank account can also pay the Canadian Revenue Agency with an internationally issued credit card via wire transfer or a third-party service such as World Remit.
Okay. Even if you are not Canadian or live in another country, you can open a bank account with the corresponding identification.
In Canada, you also have the right to open a bank account if:
- I don’t have a job.
- There is no money to deposit into your account right away.
Yes, you can open a bank account abroad in Canada. However, the process is not straightforward and can take days. You will also need to present immigration documents. If you need to apply for a bank account before arriving in Canada, it may be easier to open an international bank account.
