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To immigrate to Canada as a business applicant, you
must make an investment in Canada, or own and manage a
business in Canada.
The federal government divides business applicants into
three classes:
- Investors
- Entrepreneurs
- Self-employed persons
You will find a description of each on the Citizenship
and Immigration Canada website.
No matter which type of business applicant you are, Global
Private Banking, the International Wealth Management Division
of Royal Bank of Canada, can help you move your assets
to Canada.
We also have a comprehensive range of services to help
you manage your assets on an ongoing basis. These include
the following:
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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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Business banking — All
the financial services you need to help your business
grow, such as business bank accounts, investment
services, financing options, payroll services and
more. |
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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 lifestyle goals. |
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Investing —
A full range of investing options, including
a full-service brokerage, discretionary investment
management and do-it-yourself online investing. |
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Insurance —
To protect you, your family and your vehicles, as well
as personal and business property. |
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Immigration Trust
As a business applicant, 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 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 Global Private Banking locations worldwide
- Working on your behalf with your legal, tax, accounting
and/or immigration advisors
- 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. |
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