How to Get Free Funding to Move to Canada
6. Loans and Newcomer Financing Options
Though not “free,” low-interest loans can be a practical solution when other funding isn’t accessible. Some financial institutions offer products tailored specifically to newcomers.
a. Newcomer Loan Programs from Canadian Banks
Major banks like Scotiabank, TD, and RBC offer packages for immigrants that include:
Low-interest personal loans
Credit cards with no credit history required
Support for housing deposits, transportation, or settling in
These programs can be a helpful financial bridge until you’re established in Canada.
7. Community and Social Media Support
Never underestimate the power of community. Immigrant support groups, expat communities, and online forums on platforms like Facebook, Reddit, and LinkedIn often provide:
Financial assistance through community fundraisers
Free resources like temporary housing or food
Job leads and mentorship for newcomers
Building relationships in these communities can not only help with funding but also offer emotional and logistical support during your transition.
