Known for its exceptional quality of life, top-notch education system, and accessible healthcare, Canada stands out as a prime destination for those in search of a better life abroad.
Canada’s allure extends far beyond its standard of living. With its welcoming stance towards immigrants and a richly diverse population, it’s no surprise that Canada clinched the second spot as the best country in the world in 2020, excelling in categories such as quality of life, citizenship, and business opportunities.
See Full Cost To Move To Canada
When contemplating a move to a new country, comprehending the financial commitment involved is paramount. The costs vary depending on the type of application and family composition.
- Individual Applicant: Solo applicants are advised to have approximately $15,500 CAD available to facilitate a successful immigration to Canada.
- Couples: Couples applying together should budget around $21,000 CAD for the immigration process.
- Families with Children: Families with children should anticipate budgeting between $25,000 to $30,000 CAD.
Detailed Breakdown of Immigration Costs
Note: Figures are in Canadian Dollars (CAD) and last updated on March 10, 2023.
Fee Type | Notes | Individual | Couple | Couple + 1 Child |
---|---|---|---|---|
Language tests | Average cost. | $300 | $600 | $600 |
Educational Credential Evaluation | Cost excluding international courier delivery charges. | $200 | $400 | $400 |
Biometrics | Charges for 2 or more people remain the same. | $85 | $170 | $170 |
Medical exams | Average cost; fee varies by country. | $100 | $200 | $300 |
Application processing fee | $850 | $1,700 | $1,930 | |
Right of permanent residence fee | $515 | $1,030 | $1,030 | |
Miscellaneous fees | Average (assumed) cost. | $250 | $500 | $600 |
Settlement funds | Not applicable for Canadian Experience Class (CEC). | $13,213 | $16,449 | $20,222 |
TOTAL | $15,498 | $21,019 | $25,252 |
Cost Implications
For an accurate estimate of your immigration costs, take into account the number of individuals in your family:
- Yourself
- Your spouse or partner
- Your dependent children
- Your spouse’s dependent children
Even if your spouse and dependent children are permanent residents or Canadian citizens, they must be included in the calculations. The table below provides detailed information on the exact funds required for relocating to Canada.
Number of family members | Funds required (in Canadian dollars) |
---|---|
1 | $13,310 |
2 | $16,570 |
3 | $20,371 |
4 | $24,733 |
5 | $28,052 |
6 | $31,638 |
7 | $35,224 |
For each additional family member | $3,586 |
Conclusion
Moving to Canada presents numerous benefits, but being financially prepared is key. This guide has delineated the estimated costs for various family compositions, aiding in the planning of a successful immigration journey.
Remember, having more funds available than the specified amounts can bolster your application. Take the initial step towards your new life in Canada equipped with a clear understanding of the financial obligations involved.
Uyeye Godstime
March 25, 2024 at 7:53 am
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Emmanuel Pual
March 25, 2024 at 2:22 pm
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