Our child is Canadian but a non-resident. How can we invest in Canada to save for her higher education?
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Our response:
The Canadian federal government offers a Registered Education Savings Plan (RESP) to help save for a child’s education. However, in order to open an RESP, your child must have a social insurance number (SIN), and be a resident of Canada. Learn more about RESPs.
To learn about other options to save for your child’s education, speak to a registered financial advisor.