1

I live in the US. I am considering opening a bank account in Canada.

Do I need to live in Canada to have a bank account in Canada?

If so, am I required to file tax in Canada?

  • 1
    It introduces more filing requirements to American authorities. Canada is the least of your concerns – CQM Feb 16 at 0:08
1

It is not necessary to live in Canada to open a bank account. However you will have to establish your identity in order to do so.

Having a Canadian bank account does not make you liable for Canadian tax. That would require either being resident in Canada or having Canadian income.

Your Answer

By clicking “Post Your Answer”, you agree to our terms of service, privacy policy and cookie policy

Not the answer you're looking for? Browse other questions tagged or ask your own question.