Hi all,
I just wanted to enquire regarding the money that we need to take to canada, me and my hus planning to enter Canada next year but we will come back and work in Middleeast for another 3 years and planning to go during the last 2 years.
In the meantime we have some money as Dirhams, as we are working in UAE. If we save this money in Dollar i think there is no much interest.
Could anyone suggest which is the better option, Can we send this money to India because we will get interest for 3 years and then on the 3rd year convert the rupees to CAD. will we lose more during conversion from ruppes to CAD? say for example we are planning to take $60K.
Or is it better to keep this money in dollar account itself for these 3 years.
I just wanted to enquire regarding the money that we need to take to canada, me and my hus planning to enter Canada next year but we will come back and work in Middleeast for another 3 years and planning to go during the last 2 years.
In the meantime we have some money as Dirhams, as we are working in UAE. If we save this money in Dollar i think there is no much interest.
Could anyone suggest which is the better option, Can we send this money to India because we will get interest for 3 years and then on the 3rd year convert the rupees to CAD. will we lose more during conversion from ruppes to CAD? say for example we are planning to take $60K.
Or is it better to keep this money in dollar account itself for these 3 years.