International Medical Graduates encounter a rigorous and expensive process of application for medical status within the Canadian healthcare system. A significant portion of graduating IMGs assume over $200,000 of student loan debt to complete their studies (CaRMS, 2010). This, along with delayed entry into the workforce, has significant financial implications for new international medical physicians.
As a newcomer to Canada, establishing your career as a physician doesn’t leave much extra time for anything else, including organizing and executing your financial life. However, to achieve financial success, an actively managed and well thought out plan must be in place.
At Physicians Wealth Advisory, we work with IMG physicians and understand the challenges you face. We will provide you with a personalized system to get you on track, support and guide you through key decisions, and help you maximize your wealth accumulation and investment potential from early on.