Canada is a diverse country that offers versatile opportunities for most, if not all dreamers looking for a fresh start. It’s a multicultural, world-class country that has a wealth of benefits to offer in its stunning cities, provinces, and everything in between.
Whether you’re in the bustling streets of the colourfully cosmopolitan Toronto or the refreshing, verdant mountainside in Vancouver, opportunities abound.
While the promise of new beginnings, better health care, a top-notch education system, and an appealing change of pace in Canada may sound like a dream come true, there are still some factors to consider before you can say it’s the right country for you or your family. Some of the things you need to think about include the following:
1. Different Immigration Programs
It’s easy to think that applying as an immigrant is a straightforward process, but in Canada’s reputable immigration system, there are multiple programs available for different needs. If you’re looking to live in Canada for the long-haul, you first need to become a permanent resident and stay within Canada for a set period of time before you can move forward to applying for citizenship.
The best path to start your journey to permanent residency is to opt for the Express Entry in the immigration selection system at any Canadian government website. It’s often the fastest route as your application can finish processing within six months, though you have other options like Provincial Nominee Programs and Sponsorship Programs.
2. Cost Of Living
It’s true that Canada offers rich work opportunities, but don’t get fooled by the attractive salary range given to you. It helps to understand the cost of living and see whether you can afford to maintain it for the long-term.
Fortunately, it’s mostly not a problem for many as Canada has an 8.71 per cent lower cost of living compared to the United States, which means real estate and other consumer prices come at a cheaper rate.
Of course, your impression of the costs is generally relative as it will all depend on your average income and whether you have a stable job in Canada.
3. Taxes
In addition to the cost of living, there are also taxes to straighten out once you become a permanent resident of Canada. Keep in mind that if you are living as a U.S. citizen with permanent residency in Canada, you still have to file for taxes with your U.S. government.
You don’t have to worry about paying double for taxes thanks to the U.S. government and Canada’s Tax Treaty.
The Bottom Line: Taking Different Factors Into Account Before Considering Immigration
Canada is often a dream destination for many, especially as a starting point for young dreamers or growing families. While it offers some of the best healthcare programs and the most impressionable education system in the world, it helps to maintain a realistic view by remembering some of the factors you need to think about.
Understanding the differences in tax brackets, cost of living, and different programs in the immigration system are some of the crucial things to consider before pushing through with your immigration plans.
If you’re looking for professional help from a trusted firm please contact us at info@brightimmigration.com or call 1-888-404-8472.