May 24, 2018

What Canadians need to know about getting paid internationally

A recent study showed that millennial freelancers in Canada earn 27 percent of their income from international sources. Those getting paid internationally need to consider some obstacles to working with international companies. For instance, exchange rates aren’t always factored into payments and mark ups. Working for foreign companies can also be challenging because some companies ask for things that a freelancer doesn’t have like a U.S. bank account, and they often won’t see the delays or fees associated with international wire transfers. After everything freelancers may end up with less than they expected, so it’s important to know what your final payment amount will be and try to hammer out the details ahead of time.

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