Trust Funds

can someone pls enlight me more about canada trust funds?
thanks

are you talking about TD Canada Trust bank accounts or actual legal trusts for holding assets? if it's the bank, they are decent for wires but setting them up as a non-resident is a major pain these days. if you mean actual legal trusts for tax sheltering, you'll need a local trustee and a lot of capital to make it worth the hassle... what are you actually trying to set up?

if you mean the bank td canada trust, it's mostly useful if you need a local routing number for stripe or paypal. getting one as a non-resident is basically impossible now without physically flying there and even then they ask for a local utility bill. if you mean actual asset trusts, canada is a terrible place for tax sheltering anyway. you'd be better off looking at wyoming or somewhere in the caribbean depending on what you are trying to move. what's the actual goal here?