The economy of Canada is one of the strongest in the World. Canada is the 10th largest GDP by nominal and 16th largest GDP by PPP in the world.
It also has a progressive immigration system. For taking advantage of its strong economy and continuous immigration systems, lots of people immigrate to Canada every year.
Canada has become the world’s one of the top immigration destinations. Every year more than 250,000 immigrants are arriving in Canada. According to the prediction of the Canadian government’s statistics department by 2031, above half of Canada’s working-age people will have been born abroad.
Are you interested in immigrating to that highly preferable immigrating country? Before starting your paperwork for immigration purposes, you should know about the needed amount of money.
So what do you think? How much money do you need to immigrate to Canada? Maybe you are just thinking about processing fees. But keep in mind that there are lots of other costs associated with it. In the latter portion, I am going to discuss those.
How Much Money do You Need to Immigrate to Canada?
The Processing Fees
If you are going to apply in the skilled worker category, it is $550 for the principal applicants, $550 for the spouse, and $150 per child (under 22 years old).
If you are going to apply in the sponsorship category, the sponsor application is $75, and $475 will be charged to the sponsor.
Besides, if you are planning to settle in Quebec, you must have to apply for a Certificat de Selection du Quebec (CSQ), which will cost $390 for the principal applicant. Again, it is $150 for spouse and each child.
The right of permanent residence fee is $490 per person for all landed Canadian immigrants.
Fees Related to Application
- If your documents such as academic certificates, work documents, etc. are in another language rather than French and English, you have to translate those by an authorized translator.
- Your foreign degrees recognized in Canada, which called credential evaluation would cost about $115 and sometimes a bit more.
- If your country’s administrator language is not English or French, you have to prove your language aptitude. To show that you have to take the test from an officially recognized organization. For example- IELTS will cost $265 or TEF will cost $250.
- A health checkup is a must for all. It must be made by a physician on Canada’s list of selected medical practitioners. Fees vary by country and even by geographic locations.
You will need one passport before the application. Making that passport will cost you, and the cost is different from country to country.
For visa, you have to travel to your country’s Canadian visa office, for the medical test, you have to move to a medical practitioner. All of this traveling will cost you.
The Settlement Fund
Make sure that if you are applying for the skilled worker type. You must have to prove that you have adequate funds for supporting yourself and your family for the first few months.
For one person, it is about $12,669, and for the family of five members, it is approximately $26,701.
My suggestion before starting your plan to apply in immigration to Canada you should prepare one budget whether you will be able to bear the cost or not.
I hope that from the above part, you have got one gist of the cost of immigration to Canada.