FinanceMar 26, 2022

How to open a bank account in Canada as a newcomer

When you move to a new country as a permanent resident (PR) or an international student, having access to your savings is not only essential but also critical. Starting (or restarting) your life in a new place is intertwined with your financial journey, making it important to understand the [...]

FinanceSep 20, 2021

How to save for your future while supporting your family back home

Many newcomers move to Canada with aspirations of not just securing their own financial future but also being able to financially support their family back home. However, during your first few years of settling down in Canada, it can be hard to balance your personal savings goals with sending money [...]

FinanceJun 11, 2021

How to build a secure financial future for you and your family in Canada

From an interview with Wanzi Silva, Financial Advisor, RBC.   Wanzi Silva is a financial advisor at RBC Newcomer Meeting place – a unique Royal Bank of Canada (RBC) branch that supports new immigrants with their banking, employment and settlement needs in Canada. She moved to Canada with her family [...]

FinanceApr 5, 2021

Canadian finances 101: What you should know as a newcomer

Canada’s financial ecosystem is made up of banks, credit unions, trusts, and other financial and insurance companies and it is considered to be one of the most sound and safest in the world. According to the Global Competitiveness Report 2019, published by the World Economic Forum, Canada ranked 9th [...]

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FinanceApr 2, 2021

How financial advisors can help you as a newcomer in Canada

Navigating financial and investment products in a new country can be complicated, especially if you don’t have a background in finance. As a newcomer in Canada, having someone who understands the newcomer experience, and whom you can rely on for sound financial advice is important. In most cases, a professional [...]

FinanceMay 25, 2020

Savings and investments for newcomers in Canada: What you need to know

Moving to a new country may involve starting afresh personally, professionally and financially. As you strive to settle in and establish a strong financial foothold in Canada for you and your family, it becomes increasingly important to have financial goals.  Previously, we shared an overview of how goal setting [...]

FinanceJan 3, 2020

How to transfer money securely to, from, and within Canada

As a newcomer in Canada, ensuring you have access to the money you’ve brought in from back home is important not only from the perspective of landing formalities at the airport but also to pay for basic goods and services: the ride to your accommodation from the airport, groceries, [...]

About Arrive

Arrive is operated by Royal Bank of Canada (RBC), the largest bank in Canada* and one of the most reputed banks in the world, employing 80,000 people worldwide. In collaboration with RBC, Arrive is dedicated to helping newcomers achieve their life, career, and financial goals in Canada.

This article offers general information only and is not intended as legal, financial or other professional advice. A professional advisor should be consulted regarding your specific situation. While information presented is believed to be factual and current, its accuracy is not guaranteed and it should not be regarded as a complete analysis of the subjects discussed. All expressions of opinion reflect the judgment of the author(s) as of the date of publication and are subject to change. No endorsement of any third parties or their advice, opinions, information, products or services is expressly given or implied by Royal Bank of Canada or its affiliates.

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