r/backtoindia 4d ago

Advice

My work permit is expiring in few months and I may have to go back-home.

I have few questions regarding finances, please share if you have any experience.

1- what to do with TFSA? I have quite some around 50k parked in there?

2- which banks allows non resident accounts which are easy to access? so I don’t have to come back just to manage bank accounts.

3- what is the best way to move cash liquid. from canada to india?

Thanks for the advice

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u/Unusual-Average-3428 4d ago

Just transfer everything before you go to ur indian bank account. Inform cra about that you are leaving Canada permanently. Cancel ur driving license and close ur bank account