For Canadians abroad

Money guide for Canadians living abroad

Living outside Canada — for part of the year or for good — changes your tax residency, your banking, and how you move money. The essentials for Canadians spending serious time abroad.

Tax & residency

Retiring abroad as a Canadian Tax residency, the deemed-disposition departure tax, and what changes when you leave. US day-count rules If your time abroad is in the US — the substantial-presence test and Form 8840.

Banking & currency

Best US-dollar accounts Hold and spend USD without per-transaction FX fees. Norbert's Gambit Move money between CAD and USD near the real exchange rate.

More situational guides

For snowbirds For retirees For parents & grandparents For business owners