Depending on the financial systems of your home country, banking may be quite different in Canada. To get a better understanding of how your personal finances will work, read the information provided on Citizenship & Immigration Canada's website. This website will provide you with the information you need to understand credit, investments, taxes and other financial requirements.
Keep in Mind
- Bring translated copies of your bank statements and copies of your credit history and report from your home country. This could make establishing credit in Canada easier once you arrive.
- Citizenship and Immigration Canada will ask you for “Proof of Funds” when you arrive. You have to prove that you have enough money to support yourself and your family in Canada.
- For more information on Proof of Funds and what the financial requirements are to come to Canada, visit Citizenship & Immigration Canada.
- Talk with your banker or financial advisor to find out if exporting money from your home country is restricted. It is important to know this in advance so that other arrangements can be made. For more information on how to bring money into Canada, visit Settlement.Org.