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I am a Canadian citizen but non tax-resident of Canada. I am currently working in China and paying my taxes there. I previously had an investment account with BMO Investor Line in Canada but they do not want to let me buy stocks anymore since I am not a tax resident of Canada anymore.

I am looking for other countries where I could open an investment account to buy stocks. However, I found it difficult to open a stock market account in other countries. In mainland China, I cannot open the stock market account. In Hong Kong, I cannot open the stock market account as they do not allow Canadians to have a stock market account there due to tax regulations.

In which countries would a non-tax resident Canadian could open an investment account, and where it would be advantageous?

Ideally, I would prefer to not pay tax in Canada (to avoid filling an income tax report) but in China or in another country.

Singapore? Other countries?

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  • Do you mean, you want to invest in any stock market, (potentially) anywhere in the world? Or do you want to invest specifically in Canadian stocks? – Grade 'Eh' Bacon Mar 15 '17 at 19:03
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    Any stock markets would be fine. I just don't want to buy a "time deposit" and get 1 % interest. So I am looking to invest in some stock markets. And of course a larger stock market would be better. If I would invest in the Canadian stock market, I am afraid that it would make it more complicated for taxes (would I lose the non-tax resident status?) So I am thinking that it is maybe better that I avoid the canadian stock market. – Phil Mar 16 '17 at 3:36
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You could register a company in Hong Kong and have the company open a traders account as a local entity.

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  • Probably not in a day, but there are companies that specialize in this sort of thing. – Cornelius J. van Dyk Mar 18 '17 at 2:51

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