Yes! If you are a Canadian citizen residing in another country (commonly known as an 'expat') you can invest with CI Direct Investing. 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:
- Located in the European Economic Area
- Listed on the Financial Action Task Force high risk jurisdictions subject to call for action
- 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 CI Direct Investing.
For expats, there are important tax and residency considerations to keep in mind. Check those details in the Non-Residents page of our FAQ section.