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I just immigrated to Canada. Can I open an FHSA?
You can open an FHSA if:
- You reside in Canada, with permanent or temporary resident status
- You have a Social Insurance Number (SIN) or a Temporary Identification Number (TIN)
- You meet the eligibility criteria
Check out our guide to buying your first home in Canada to learn about the eligibility criteria.
Good to know
Some restrictions may apply depending on your situation at the time of purchase.
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What is the minimum age for contributing to an RRSP? Find out at which age you can open an RRSP. -
Can I use multiple savings plans for my down payment? You can combine your RRSP (HBP), TFSA and FHSA when purchasing a property.
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