A TFSA can offer Australian Expats flexible investment options and tax-free growth during their time abroad. For Australian Expats with Canadian Tax-Free Savings Accounts, it can be an excellent way to save, invest, and build wealth in a tax-effective manner.
If you are an Australian Expat planning on working in Canada for a few years or building a long-term life there, setting up and contributing to an RRSP can offer powerful tax advantages and help grow your retirement savings efficiently. This blog provides a guide to RRSPs for Australian Expats living in Canada.