Have you read Andrew Hallam’s new book, Millionaire Expat? Lots of good information there. He’s a Canadian non-resident who FIRE’d from an international career.
We are Canadian non-resident expats living in China. While you won’t qualify for RRSPs and TFSAs, you can invest through taxable investment accounts. We use TD WebBroker because our bank accounts are all with TD. However, you should be able to use Scotia iTrade, or whatever other online platform you want. You may have to go in person in Canada to set it up. The bank will help issue the correct tax forms, and you may have to file taxes in Canada each year on investment income.
One question as to whether you should invest through Canadian investment platform is whether you plan to retire in Canada. It is typically better to put your investments in the country in which you wish to retire. That way, when it comes time to withdraw your money, you don’t have to worry about exchange rates or moving your money between countries. However, if you wish to retire to some developing country with poor banking structure, like Cambodia or whatever, then it may be better to park your money either in Switzerland where you currently reside or in Canada. We plan to retire to Canada, so we keep our money in Canada.
Finally, I strongly suggest the previous response is spam. First time poster immediately providing a link to their own website. Spelling errors. Telling you to trade, trade, trade. Probably spam marketing.
On this site, most Mustachians subscribe to a Canadian Couch Potato type self-directed portfolio using passive index investment funds. Anyone who tells you to to be a trader is probably going to end up costing you A LOT of money. And we won’t tell you to buy anything from a personal website. All our advice is free.
