Yeah look into syndicated real estate especially in multi family. You also shouldn’t have any issues being an investor/ investing in syndications south of the border. Investing in those deals stores your capital, generates you an income and gives you tax breaks to boot. They are also super solid in an economic downturn and when the economy is strong. Find an accountant who knows the laws and figure out if it’s an option for you. If I had that kinda money sitting in an RRSP that’s what I would be trying to do with it. A good CPA is worth their weight in gold.
Edit: Speaking of which with a self directed RRSP you might be able to buy physical gold or silver out of country and store it out of country as well. Give OWNx a look. You can get it shipped to you or they have a private vault they can store it for you.
Hah I can name many Canadian politicians that have screwed the ppl only to be rewarded cush positions with no fallout after.
Could you self invest it in something like real estate? Check out the RRSP secret https://www.amazon.com/gp/aw/d/B003NSBMNK/ref=tmm_kin_title_0?ie=UTF8&qid=&sr= I believe it might offer some good options to have it invested to make you money and also out of the hands of politicians
Yeah look into syndicated real estate especially in multi family. You also shouldn’t have any issues being an investor/ investing in syndications south of the border. Investing in those deals stores your capital, generates you an income and gives you tax breaks to boot. They are also super solid in an economic downturn and when the economy is strong. Find an accountant who knows the laws and figure out if it’s an option for you. If I had that kinda money sitting in an RRSP that’s what I would be trying to do with it. A good CPA is worth their weight in gold.
Edit: Speaking of which with a self directed RRSP you might be able to buy physical gold or silver out of country and store it out of country as well. Give OWNx a look. You can get it shipped to you or they have a private vault they can store it for you.