The federal government recognizes investors as one of
the three classes of business applicants. (You’ll
find a description of all three classes on the Citizenship
and Immigration Canada website.)
If you are planning to come to Canada as an investor,
the Canadian
Federal Immigrant Investor Program (the “IIP”)
could benefit you. We can offer you specific services
in relation to the IIP.
As an investor applicant, you will need to move your assets to Canada. The international division of RBC Wealth Management can assist you with this process.
We also offer a comprehensive range of services to help
you manage your assets on an ongoing basis. These include:
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Private banking — For high-level expertise to maximize your assets
in Canada and abroad. |
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Personal banking — Everything you need for the day-to-day management
of your money. |
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Credit cards —
Everyday convenience for your short-term borrowing needs. |
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Home
loans —
A range of flexible mortgage options
when you buy your first home in Canada. |
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Borrowing —
Lending products such as car loans and lines of credit,
to help you achieve your business and lifestyle goals. |
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Investing —
Full-service brokerage, discretionary investment management
and do-it-yourself online investing. |
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Insurance —
To protect your personal property. |
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Immigration Trust
As an investor, you may be able to benefit from establishing
an immigration trust. Under current Canadian tax law,
an immigration trust generally is exempt from Canadian
income tax on all of its income, including capital gains,
for up to five years.
As a result, it may help you reduce taxes and preserve
wealth. Generally, where the value of the trust property
exceeds US$1,000,000, the tax savings can be expected
to exceed the costs of the offshore structure.
We can review your financial situation to determine
whether this approach would benefit you. If so, we can
further assist you by:
- Setting up and administering an international trust
tailored to your needs through our network of international
specialists and RBC Wealth Management locations worldwide
- Working on your behalf with your legal, tax, accounting
and/or immigration advisors and
- Providing a comprehensive range of international services
to complement your international trust, such as investment,
custody and banking and credit services.
The content of this website is provided
for the general guidance and benefit of our clients. This
website is for informational purposes only and is not intended
to provide specific advice. See
full disclaimer. |