Vancouver Newcomer Guide (2026)
Over 45,000 newcomers settle here annually. Here is what you need to know about banking, housing, transit, and community resources.
At a glance: Vancouver
Province
British Columbia (see British Columbia guide →)
Population
675K (2.6M metro)
Top newcomer languages
Banking in Vancouver
Vancouver has strong Cantonese and Mandarin banking services. HSBC Canada (Cantonese/Mandarin), TD, RBC, and Scotiabank all have dedicated newcomer specialists. Richmond has many banks with Mandarin-first service. Surrey has excellent Punjabi banking services at Scotiabank and TD.
Regardless of which bank you choose, we recommend also getting a KOHO card to start building Canadian credit immediately — no credit history required. This gives you a head start on the 12–18 month credit-building timeline you will need for a mortgage or car loan.
Housing costs in Vancouver
Vancouver is one of the most expensive cities in Canada. Average 1-bedroom: ~$2,800+/mo downtown. Surrey and Langley are more affordable (~$1,800–$2,200/mo). BC offers the Rental Assistance Benefit (RAP) for low- to moderate-income families.
Getting around Vancouver
TransLink operates SkyTrain, buses, and SeaBus in Metro Vancouver. Compass Card is the transit card (similar to Presto in Ontario). Concession fares available for low-income residents through the BC Bus Pass Program.
Jobs and employment in Vancouver
Tech, film, tourism, and construction are major employment sectors. S.U.C.C.E.S.S. and ISSofBC offer free settlement and employment services for newcomers across Metro Vancouver.
Government-funded settlement agencies offer free employment support, résumé help, and job placement for newcomers. Search for IRCC-funded settlement services in Vancouver on the IRCC settlement services directory.