Can a non-resident individual open an account?

Yes! If you are a Canadian citizen residing in another country (commonly known as an 'expat') you can invest with Assante Connect. But there are a few conditions.

For our non-resident clients, the minimum account size is $25,000. You need to have a Canadian bank account. Also, you will need to provide some additional electronic documents to verify your identity.

Availability varies by country. We do not open accounts for residents of jurisdictions:

  1. Located in the European Economic Area
  2. Listed on the Financial Action Task Force high risk jurisdictions subject to call for action
  3. Subject to sanctions imposed by the Government of Canada

As long as your country of residence is not in one of those three groups, we can work with you.

For Canadians living in the US, you can only invest in Registered Retirement Savings Plan (RRSP) accounts with Assante Connect.

For expats, there are important tax and residency considerations to keep in mind.  We encourage you speak with a tax advisor before moving forward.

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