5 minutes. No credit card. We calculate your exact TFSA, RRSP, and FHSA situation.
1
Language
English or हिंदी
2
Your status
PR, student, work permit
3
Arrival date
When you became a Canadian resident
4
Income
Canadian earned income
5
Savings
What you have to invest
6
Goals
Home purchase, retirement, education
7
Your plan
Personalized account roadmap
Step 1 of 7
Choose your language
Arrive Finance is available in English and हिंदी today. 8 more languages are rolling out — covering ~95% of newcomers to Canada.
🇨🇦
English
Live
🇮🇳
हिंदी
Hindi
Live
🇮🇳
ਪੰਜਾਬੀ
Punjabi
Soon
🇵🇰
اردو
Urdu
Soon
🇨🇳
中文
Mandarin
Soon
🇵🇭
Tagalog
Filipino
Soon
🇫🇷
Français
French
Soon
🇪🇸
Español
Spanish
Soon
🇺🇦
Українська
Ukrainian
Soon
🇮🇷
فارسی
Persian (Farsi)
Soon
Step 1 of 7
Step 2 of 7
What's your current status in Canada?
This determines which accounts you're eligible for right now. You may be surprised — students and work permit holders have more options than they think.
🏠
Permanent Resident or Canadian Citizen
I have a PR card, or I was recently granted Canadian citizenship
✓ Eligible for TFSA, FHSA, RRSP
💼
Work Permit Holder (PGWP, LMIA, etc.)
I graduated and have a Post-Graduation Work Permit, or I have an employer-sponsored work permit
✓ Eligible for TFSA + FHSA — not PR-only!
🎓
International Student (Study Permit)
I'm enrolled at a Canadian school on a study permit
✓ You can open a TFSA and FHSA right now
✈️
Canadian Citizen Returning from Abroad
I'm Canadian and have returned after living outside Canada
TFSA room may have paused during non-residency years
🎓
International students: you have more than you think
Most students believe they need permanent residency to open Canadian accounts. This is wrong. As a Canadian resident for tax purposes (which you become after 183+ days in Canada), you are eligible for TFSA and FHSA accounts — right now, on your study permit. If you've been in Canada for 2 years, you likely have $14,000 in unused TFSA room and FHSA room that expires December 31.
💡
Work permit holders are often surprised: TFSA and FHSA are based on Canadian residency, not immigration status. If you're living and working in Canada, you're likely eligible for both — and potentially have accumulated room since you first arrived.
Step 2 of 7
Step 3 of 7
When did you arrive in Canada?
We use this to calculate exactly how much TFSA room you've accumulated and whether your FHSA deadline is this December 31.
For students: when you first arrived and stayed 183+ days. For PR holders: your landing date.
Step 3 of 7
Step 4 of 7
What's your approximate annual income in Canada?
We use this to calculate your RRSP contribution room (18% of prior-year Canadian earned income). Estimates are fine — you can update this later.
🎓
Students: Include any Canadian earned income — on-campus work, co-op placements, part-time jobs. Even $15,000 in earnings generates $2,700 in RRSP room. Scholarships and bursaries typically do NOT count as earned income.
📚
No Canadian income / Under $20,000
Student, not yet working, or just started earning in Canada
RRSP room: $0 or minimal until first tax return
💼
$20,000 – $80,000
Entry to mid-level employment in Canada
RRSP room: $3,600 – $14,400 after first tax return
🚀
$80,000 – $150,000
Tech, finance, engineering, healthcare
RRSP room: $14,400 – $27,000 after first tax return
⭐
Over $150,000
Senior roles, business ownership, dual income household
RRSP room: up to $32,490 (2026 limit)
Step 4 of 7
Step 5 of 7
How much do you have available to invest?
This helps us show you how to prioritize your accounts. Include savings, GICs, and any money sitting in chequing. Not your home equity.
🌱
Under $20,000
Getting started — every dollar counts in the right account
📈
$20,000 – $80,000
Solid savings — likely enough to fill TFSA and FHSA room
💰
$80,000 – $200,000
Significant savings — account sequencing matters a lot here
🏦
Over $200,000
Non-registered accounts + possible T1135 obligation
Foreign assets over $100K require T1135 declaration
Step 5 of 7
Step 6 of 7
What are you saving toward?
Select all that apply. Your goals determine which accounts to prioritize and in what order.
🏡
First home in Canada
Planning to buy property — FHSA and Home Buyers' Plan (RRSP) both apply
⚠ FHSA deadline: December 31
🌅
Long-term retirement
RRSP + TFSA for tax-advantaged growth over 20+ years
🎓
Children's education (RESP)
CESG grants add 20% to every dollar contributed (up to $500/year)
Government adds $500/year for free
🛡️
Emergency fund
3-6 months of expenses in a TFSA HISA — accessible, tax-free growth
✈️
Possible return to home country
You'll keep the account, but cannot contribute while a non-resident (1%/month penalty on excess contributions)
TFSA / FHSA non-resident rules apply
Step 6 of 7
Step 7 of 7 · Your personalized plan
Your financial plan is ready
Here's what you can open right now — and what to do first.
Based on your situation, we've calculated your exact account eligibility and contribution room. The most urgent action is at the top.
🎓
Good news: you don't need PR to open these accounts
As a Canadian resident for tax purposes, you are eligible for TFSA and FHSA right now on your study permit. Most students miss this — and lose thousands in tax-free room every year they wait.
Tax-Free Savings
TFSA
$7,000
Open now
Full 2026 room available
💰 Tax advantage
Growth and withdrawals are 100% tax-free forever. $7K/yr × 25 yrs at 7% = ~$443K — all tax-free.
First Home Savings
FHSA
$8,000
⚠ Deadline Dec 31
Open before Dec 31 to save this room
💰 Tax advantage
Best of both worlds: deduct $8K from your income now (save ~$2,400 in tax at 30%), and withdraw tax-free for your first home.
Retirement Savings
RRSP
$0
Available after tax return
Room unlocks after your first Canadian tax filing
💰 Tax advantage
Contributions reduce your taxable income now. Every $10K contributed at a 30% marginal rate = $3,000 tax refund.
Your action plan
📊
Track your progress with the full dashboard
Your plan is just the start. The Pro dashboard shows your financial health in real-time, your Arrive Score, and AI-powered next steps — all in one place.