You are on: Get Organized tabs
Get Organized
The more you can do now to prepare for your move, the smoother your move will be. If you haven’t already taken care of your personal needs, now is the time to get organized.
Invest in your business
As one of the world’s most competitive investment locations, Canada has a lot to offer a Business owner or investor, such as competitive tax rates, a highly educated workforce, a stable economy and a variety of industry strengths.
Here are a few more tips that can help you with your business and investment planning.
Learn more about investing in Canada
Research Canada’s Industry Strengths
Canada has focused its policies, business incentives and university support around key industries: Aerospace, Ag-biotech Agri–food, Automotive, Bio-Products, Biotechnology, Business Services, Chemicals, Digital Media – Games, Financial Services, Life Sciences, Pharmaceuticals, Plastics, Renewable Energy, Software and Wireless. Learn more 
Explore Canada’s Business Regions
Each region in Canada offers it own unique mix of highly trained, educated workers, strongly established industries and financial incentives for investors. Learn more
Contact people who you know in Canada
Get in touch with friends and family in Canada who may be able to help you prepare for your move and get settled quickly and easily once you arrive. They can serve as your initial network in Canada and may be able to act as a personal reference in your job search. They may also offer valuable information on important considerations such as accommodation and living expenses.
Evaluate your language skills
Rest assured that while English and French are very helpful in Canada—especially when it comes to working—your language skills don’t have to be perfect immediately. Depending on where you move, you may find yourself surrounded by other immigrants from your home country who speak your language. And many organizations offer multilingual services to better serve their customers; at RBC Royal Bank, for example, we offer service by phone in over 180 languages and provide multilingual service at our branches.
Check out LINC (Language Instruction for Newcomers to Canada)
- LINC offers eligible adult immigrants (not just those looking for jobs) an opportunity to learn English or French for free. LINC can also direct you to education services in your community.
You are on: Arrange Finances tabs
Arrange Finances
Here are some things you can do now to help get your finances organized before you arrive in Canada:
Open a Canadian bank account
Although you not may be ready to open a business banking account, you should consider opening a personal bank account.
- This will make it easier to transfer funds to Canada when you are ready to start your business and it is one of the most cost–effective ways to bring money into the country.
- It also means you will have your funds readily available when you arrive, making it easier to settle in Canada.
To open an account, call us collect at 1-506-864-2275 and we can speak to you in the language of your choice. Learn more
Transfer money into your Canadian bank account
A wire transfer of funds is one of the safest and most cost effective ways for you to bring your money to Canada. You will need to give the bank in your home country the following information:
- Your complete name and address
- Your five–digit transit number (including all zeros) for the Royal Bank account being used to receive the wire payment*
- Your seven–digit account number for the Royal Bank account being used to receive the wire payment*
- Your bank name as “Royal Bank of Canada”
- Your complete bank branch address
- The Royal Bank of Canada SWIFT BIC (Bank Identifier Code) as "ROYCCAT2"
Obtain Canadian funds
When you arrive, you’re likely need cash for small purchases, taxis and so on. Use the Foreign Exchange Calculator 
to estimate how many Canadian dollars your money will buy.
Make banking arrangements in your home country
Before you leave, you will need to ensure that you set up banking relationships in your home country so that you will be able to manage them while you are in Canada.
Tip
Internet or online banking is an effective way to manage your accounts in your home country (if your existing bank offers these services).
Check out Understanding Banking in Canada
for an explanation of Canada’s banking products and services as well as useful tips and information to help you and your family become financially established in your new home.
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