Canada bank account non resident
Hi
I held a bank account with rbc until last year when the Canadian govt made it impossible for non residents to have a bank account due to changes in their laws. I use to live in Canada on a work visa hence the account but do not hold a passport nor am I a resident. Partner and I have a managed fund in Canada which pays monthly dividend and since we've no account we receive a cheque. Banking this in UK is almost impossible due to UK bank fees.
The fund manger doesn't pay into our UK bank account and will only send cheques. Also can't withdraw our money as lump sum either otherwise would've done that.
So does anyone know if there is a way for non resident to open a bank account at all? Not sure of possible to set up a business in Canada as non resident partnership?? as I did read this a way of opening a Canadian account but not certain if this is possible.
Anyhow if anyone knows anything then it's appreciated.
I held a bank account with rbc until last year when the Canadian govt made it impossible for non residents to have a bank account due to changes in their laws. I use to live in Canada on a work visa hence the account but do not hold a passport nor am I a resident. Partner and I have a managed fund in Canada which pays monthly dividend and since we've no account we receive a cheque. Banking this in UK is almost impossible due to UK bank fees.
The fund manger doesn't pay into our UK bank account and will only send cheques. Also can't withdraw our money as lump sum either otherwise would've done that.
So does anyone know if there is a way for non resident to open a bank account at all? Not sure of possible to set up a business in Canada as non resident partnership?? as I did read this a way of opening a Canadian account but not certain if this is possible.
Anyhow if anyone knows anything then it's appreciated.