facebook pixel
Welcome to Day 17 of 21 Things You Should Know Before Moving to Canada! 🇮🇳🇨🇦 This one’s not talked about enough but it’s super important. If you’re moving to Canada, make sure to convert your Indian savings account to an NRE or NRO account. Once you become an NRI, keeping a regular savings account is not allowed under FEMA rules. If you don’t convert it, you might face tax penalties, and in some cases, your account can even get restricted or frozen. And honestly? Once you’re outside India, getting this sorted can be time-consuming especially if you’re only visiting for a short trip. So get it done before you leave. Future-you will thank you! 🙌 . . . . . #movingtocanada #nreaccount #nroaccount #nri #indiatocanada #canadaprjourney #newcommersincanada #indianincanada

 6.5k

 111

 24

 6.5k

    Suggested Credits
    Tags, Events, and Projects