Millions of people dream of becoming Canadian residents to enjoy a quality life and splendid social benefits. So, if you want to know about the benefits of PR in Canada, this blog is for you.
Undoubtedly, Canada is known worldwide for its quality of life and social benefits. It has ten provinces and three territories where thousands of immigrants live wonderful lives. So, let’s dig out some advantages of getting PR in Canada that will give you a clear picture of your dream country.
Sponsor your Family
In Canada, once you are a permanent resident, you can sponsor your spouse, partner, and children. Besides, you may also sponsor your parents and grandparents. Also, invite your relatives and friends to Canada.
Career & Work advantages
From the moment you arrive in Canada as a Permanent Resident, you are entitled to work. In fact, Canada is in the throes of excellent economic performance. In recent times the job market in Canada has been the best in decades.
Generally, the broad benefits of becoming a Canadian permanent resident are an excellent job market and many opportunities for skilled workers. Those in Canada can take advantage of Old Age Security, Guaranteed Income Supplement, and Canada Pension Plan. As workers reach retirement age, currently 65, all three programs provide financial support.
Above all, Canadian permanent residents receive social security benefits if they become unemployed. Furthermore, you can also start a business as a Permanent Resident, and the government offers financing programs for small businesses that you can apply for.
Maternity & Paternity Benefits
The government gives working parents time off when they have a new baby or adopt a child. A woman may take up to 12 months of maternity leave and receive 50 to 65% of her normal income. Parents are also entitled to 35 weeks of partially paid parental leave.
Healthcare Benefits of PR in Canada
You have access to Canadian universal healthcare coverage as a permanent resident. In six provinces, there’s no period that you have to acclimatize and wait, including Alberta, Manitoba, Nova Scotia, New Brunswick, Prince Edward Island, and Newfoundland Labrador.
In contrast, in the remaining four Canadian provinces, there is a waiting period of generally its three months to get healthcare coverage. The Canadian universal health care program covers most medical expenses. For example, the expenses could include family doctors’ visits, specialist visits, emergency room visits, vaccinations, yearly health exams, and more.
Another of the important benefits of PR in Canada is education from the point of view of children’s courses. So, once you become a Canadian permanent resident, everyone up to 18 is permitted to go to a Canadian publicly funded school system.
Therefore, so many people want to become Canadian permanent residents in terms of the cost of education. It is pretty self-explanatory what Canadian permanent residence doesn’t allow. Of course, is a post-secondary education is not free there.
Of course, individuals who want to pursue post-secondary education will have to pay for that higher-level learning. However, secondary education and post-secondary costs are considerably lower if you’re a Canadian permanent resident than an international student.
For example, if you went to McGill University, their tuition fees for a Quebec resident would be about $2500. Conversely, if you’re a Canadian permanent resident or a Canadian citizen versus if you’re an international student, the cost would be close to $18000.
So, being a Canadian permanent resident gives you a considerable advantage in pursuing higher education, another area that’s important once you become a Canadian permanent resident.
One of the fascinating benefits of PR in Canada is the right to become a Canadian citizen. It is called naturalization, a period of residence that can then apply for Canadian Citizenship there.
You may know the requirement to have three years of physical residence before applying in the preceding five years. In addition, if you are between the ages of 18 and 54, you must also pass a language test. It is estimated that more than 85 percent of Canadian permanent residents apply for citizenship.
Quality of Life
Most importantly, the important considerations and becoming a Canadian permanent resident is Canada’s quality of life over so many other countries.
In fact, in most of the reports on the quality of life index, Canada, no surprise, is ranked top on the list. Number one, quality of life is the most important indicator and all the other benefits that we call to become a Canadian permanent resident.
Be a part of a multicultural society
Canada has more than two out of ten immigrants of varying races living there. So, diversity and multiculturalism are hallmarks of Canada, a country that celebrates new immigrants from around the world. Those looking for a society where they and their family will feel welcome and safe should consider Canada as their first choice.
Freedom of Mobility
What are your rights in terms of where you have to let? The first that comes to mind is your mobility rights. So, when you become a Canadian permanent resident, it is your right to live anywhere in Canada to become employed, allowing you to move freely amongst the provinces. Employers, jobs, and even provinces don’t limit your options.
However, the important consideration is that when you are expressing an interest in moving to one particular area of the country, you have to be truthful.
So, if you’re going to move to that Canadian province or initially settled in that province, subsequently, freedom of mobility will allow you to move anywhere in Canada. However, that is not a good idea. It’s not suitable if you move to another province right from the start.
So it’s very important to get it right in the beginning. Still, freedom of mobility is an important consideration, and once you become a Canadian permanent resident, you can move freely anywhere in Canada.
Low Tax & No Tax benefits
Once you become a permanent resident, this will trigger income tax payment requirements. So, taxation in Canada is based on residency, not citizenship, and you do not need to pat tax on the assets you would bring to Canada.
The Canadian taxation system is marginal, and it’s shared between the federal government and the provinces. So, each Canadian jurisdiction will have its tax requirements, and it’s based on a marginal taxation system.
It means that your first level of earnings is taxable at a certain rate. Every amount over that particular threshold will have a different rate, and successive marginal increases in income tax will naturally have a special rate of taxation.
Validity of Canadian PR
Besides Canada immigration benefits, the IRCC grants you Permanent Residence for five years, and you may apply for citizenship after residing in Canada for three years.
Either you may apply for citizenship, or you may renew your Permanent Residence without limit. If a permanent resident does not stay in Canada for two of every five years, they will not be eligible to renew their status.
In addition, the PR card can also use to prove permanent residence in Canada. So, if you travel outside Canada, you need both your passport and your card.
No doubt there are so many awesome benefits to PR in Canada; however, you are not permitted to:
Vote in the Canadian elections.
Running or holding a position in a political office is not allowed.
You cannot get a job that requires high-level security clearance from Canadian authorities.
Usually, a new permanent residence card in Canada is valid for 1-year to 5-year, depending upon applicants’ circumstances. Unlike, those whose PR cards expire within 6-month should apply for a renewal.
The eligibility point’s requirement for Canadian PR depends on the immigration pathway you opt for. Hence, if you want to apply Canada’s PR through Express entry, get 67 points out of 100 to be eligible. In contrast, the point’s requirement for nominee programs (PNPs) varies from province to province.
The process to obtain a Canadian PR visa involves many steps and procedures. However, when applying, the application processing fee costs CAD 825, and the right of permanent residence fee is $500, so the total cost is CAD 1,325.
New permanent residents can expect to wait about 45 days to receive their PR cards once IRCC (Canada immigration) receives a complete application from them. Moreover, one of the benefits of being a PR in Canada is the PR Card renewal takes only 104 days.
You will be amazed by Canada’s landscape, food, and culture when living and exploring the country, and it’s a wonderful country. Yet, the benefits of PR in Canada associates with eligibility and responsibilities.
If you are an aspirant to become a permanent resident in Canada, be eligible for Express entry or a nominee program (PNP). Similarly, you may be an international student or skilled worker to get resident status in Canada permanently.
I surfaced a few advantages of Canadian PR in this blog to give you a thought to prepare yourself for a golden future in Canada.