Dear All, thanks for your reply in advance. How much funds are enough to settle down in Canada for a family of 3 (apart from CG requirements) ?
I moved to Canada from Dubai alone on a WP and later my family joined after 4 month.Hello Guys I have a money transfer query. I hope senior members/ people with similar experience can share insight.
Are both of below options possible for a person who works in UAE and wants to go for first landing.
1) Open account in Canada bank before first landing and send all the money directly so that you can quit the UAE employer for good and stay there for long period.
2) Go during vacation of one month from UAE to Canada for short landing and open account, then come back and send all the money and then quit and go back to Canada.
I don't wanna go for the 3rd option in which I first send all money to my home country and then quit and go and then transfer that money from home country to canada as that will involve a very painstaking and expensive process. Please guide me. Thank you
Hi.. AOR 22 Jan. I'm in the same boat, BG status changed to we are processing in May and still waiting... Any updates from your side...I am in a same stage bro my aor is 21st jan and still waiting for any update..my case is with Lvo
Rgds
Is CIBC better or TD? in terms of TFSA, GIC and Mutual Fund accounts? I have kept my money with National Bonds for few years after leaving UAE but finally got everything in Canada because of the current economic instability in UAE.I moved to Canada from Dubai alone on a WP and later my family joined after 4 month.
My office in Dubai was kind enough to transfer the end of services benefits after few weeks of my moving to Canada to my bank account in Canada.
When I landed I opened the local bank account in Canada and then later when my family was moving to Canada we transferred all our savings from Dubai before moving to our Canadian bank account.
I initially started banking with RBC and later switched to TD after 5 months (because of better banking benefits etc.)
You can try and talk to banks such as RBC, Scotia, BMO and TD who may be able to open for you before you arrive in Dubai as a PR.
Make sure you check with all of them if the have any minimum balance account maintenance charges etc or not. So once they open your account you can transfer your money from dubai here.
Later when you move here settle down and if you find a better banking deal you can always switch over
I would say both are comparable, some will say TD is better others will says CIBC because of their individual comfort level and relationship with the bank.Is CIBC better or TD? in terms of TFSA, GIC and Mutual Fund accounts? I have kept my money with National Bonds for few years after leaving UAE but finally got everything in Canada because of the current economic instability in UAE.
Hi broI have applied for my wife work permit from Abu Dhabi on June 1st, unfortunately i had no choice as she is in Abu Dhabi. The waiting period is crazy 4 to 5 months.