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What Are the Benefits of Permanent Residence in Canada?

There are many reasons why so many individuals wish to leave their home nations and start new ones in other places. Some individuals choose to relocate to take advantage of job opportunities, further their education, or begin a company in a foreign nation. However, relocating to a foreign country can be difficult. 

Many people dream of moving to Canada because of its progressive economy, well-developed healthcare system, and beautiful landscapes. To move to Canada, you need to obtain permanent residence status. In this World Travel Pride post, we weigh the benefits of having permanent residence in Canada and also some downsides of living in the North American country.

1. Legal Status to Reside and Gain Employment in Canada

Statistics show Canada is the world’s second-best place to call home. When considering environmental impact, cultural significance, economic potential, entrepreneurial spirit, and, most importantly, quality of life, it ranks among the highest.

After receiving PR status in Canada, you can relocate to any of the country’s provinces or territories. You are not obligated to remain with your current company, position, or even state.

Canada’s government is always trying to get foreign employees to work in the country to increase economic development and alleviate skill shortages in various industries.

Hence, immigrants entering Canada have access to many government resources and job opportunities. Due to its rich mineral and lumber reserves, Canada offers a wide variety of job possibilities to foreign workers.

2. 5-year Visa Extensions or Renewals

A permanent resident card in Canada typically lasts five years, while some are only good for 1. The number of times you can extend your PR status is also not limited by law. Immigration will consider the context and your reasons to see whether you have a legitimate case for staying.

3. Permits Sponsoring Family Members

If you become a permanent resident of Canada, you will be able to bring your family members into the country. In any case, if you’re above the age of 18, you may sponsor other people to become residents.

4. Children Get Free Education

Canada’s public school system is comparable to that of the United States in that it provides K-12 education to all children at no cost to their families. As an added bonus, permanent residents get a significant discount on college tuition.

While the cost of higher education in Canada is higher than in Europe, the cost of obtaining a graduate degree is relatively inexpensive and straightforward. Math and science education in Canada is among the best in the world. Roughly half of the population has graduated from college. 

5. Quality Healthcare

People who immigrate to Canada can access the country’s excellent public healthcare system. In Canada, permanent residents are entitled to free healthcare and tax-funded coverage for prescription medications. As a permanent resident of Canada, you are eligible for public health insurance.

Canada’s high-quality, fee-based healthcare system is well-known across the world. The annual cost for a single individual to use the health care system is close to $5,000. Families will need to spend almost $9,000 per person to take advantage of all the perks.

Compared to similar schemes in other nations, this premium is more affordable. You are free to use the hospital at any time, including the emergency room, and will incur no out-of-pocket expenses for treatment.

6.  Better Social Security

With 40 credits to their name, immigrants to Canada are eligible for a wide range of social security benefits. It’s the same as working for ten years or 40 quarters. Those who choose to make Canada their home have access to various resources that allows them to live comfortably.

Such resources include high-paying employment and tax breaks. Retirement benefits, disability benefits, and death benefits for surviving spouses and dependent children are some examples of other social benefits.

7. Pathway To Canadian Citizenship 

You’ll be able to stay in Canada for an initial five-year period after obtaining permanent residency. It takes a total of 1,095 days of physical residency in Canada before you may apply for citizenship. But just the five years prior to the day you applied for citizenship will count.

8. Unrestricted Travel In and Out of the Country

Section 6 of Canada’s Charter of Rights and Freedoms specifically addresses the consolidation of mobility rights. Hence, with a Canadian permanent resident card, you are free to travel to and from the country, as well as stay there indefinitely.

It also allows you to leave your current province and settle in another. You may look for work, new opportunities, or other means of support anywhere in Canada.

9. Right to do Business 

You do not need to be a Canadian citizen to leverage the privilege of doing business in Canada. You can invest in a franchise or form a new business as a single proprietorship, partnership, or corporation.

The government of Canada supports and promotes free-market economic policies whenever it can. Canada also has a high employment rate, which is great news for foreign workers looking to settle in the country.

10. Safe & Secure Residence 

In 2007, The Economist ranked Canada as the world’s peace-loving nation. It’s a place where people can put down roots without worrying about their safety. Permanency in Canada guarantees immigrants all the protections guaranteed by Charter 6 of Canada. Those who value security the most consider this to be Canada’s greatest perk.

Currently, Canada’s crime rate is so low that it ranks 82nd worldwide. In comparison, the United States ranks 56th. Since fewer people live in Canada, crime rates are down, and the number of violent crimes is significantly low. This means that Canada is a secure place to live.

11. Friendly Citizens

The Canadian people have gained international renown for their friendliness and pleasant demeanor. The vast majority of Canadians welcome newcomers and tourists with open arms.

Canada’s population is made up of people from many various cultural and religious backgrounds. If you’re from a place where your beliefs are paramount, you’ll find living in Canada a refreshing experience.

Canada is well admired globally for its forward-thinking policies, and Canadians are known for their calm demeanor and open-mindedness.

12. Beautiful Nature

Canada’s coasts, lakes, and rivers contribute to its already-famous natural beauty. The splendor of the mountain range is heightened by the snow that covers its summits. Numerous outdoor pursuits are available in Canada.

For example, Nova Scotia is a great place to live if you like being near the water for activities like fishing and boating. You may go hunting in the middle of Canada. Hiking, skiing, and ice hockey are all available activities. Wildlife and scenic natural areas are available for enjoyment.

13. Affordable & Expensive Cities

In Canada, you can choose the high life or the low life. Irrespective, you’ll find a city that suits your budget. Compared to the average rent in neighboring Canadian cities, rent near the country’s northern border is over 26% lower.

Toronto and Vancouver are pricey compared to other major cities. However, Montreal is a low-cost city where you may locate an economical place to live if that’s what you’re looking for. 

Cons of Living in Canada

We’ve looked at all the many benefits you get by becoming a Canadian permanent resident. Undoubtedly, these benefits are enticing, so it’s not surprising that you’ll want to relocate to the country.

However, you should also know some of the complexities of living in Canada. Check them out below:

1. Complex Healthcare

The Canadian healthcare system is lauded for providing free and essential care. However, elective procedures and long-term health care might have lengthy waiting periods, particularly in major cities.

In many cases, people in remote regions of the country lack access to medical treatment. Services in the medical field are severely lacking. As a result of its remote location, it has just one or two service providers.

Moving farther from home to be closer to a healthcare provider might increase wait times for necessary medical treatment. Wait periods for elective procedures and long-term medical treatment are not uncommon.

2. Many Rules

To many Canadians, government regulations go counter to their preferences for living. People who live here sometimes wish there were fewer regulations.

Furthermore, some Canadians believe their country’s legal system is too restrictive and would rather see less government intrusion into their daily lives. 

Canada is OK if you don’t consider this a huge deal. But if you want to direct your own life, it could be a challenge. 

3. General Expensive Cost of Living 

The cost of living in Canada is relatively higher than in most other developed nations. Depending on your preferred Canadian location, your monthly expenses might be lower or more.

There are many citizens out there who have their finances and lifestyles under control. The low taxes help fund public healthcare, but cities like Vancouver and Toronto have very high house rental costs.

4. Complex Climate

If you want to experience a colder climate, go no further than the northern part of Canada. Here, particularly especially in the far north, the winters are long and very cold.

Many believe the snow makes nature even more beautiful, but who also acknowledges that it will be tough to go out and appreciate it.

It will be an average of 0 degrees in December and will plummet to a high of -2 degrees in January. During these months, temperatures will fall as low as -17 degrees.

5. Poor Exchange Rate

Compared to currencies from other wealthy nations, the Canadian dollar is not very attractive. Right now, one Canadian dollar is equivalent to $0.73 US. It complicates things while trying to purchase online. Your only option is to shop at establishments within your immediate area.

6. Challenging Immigration Process

Canada has convoluted immigration regulations. Every year, over 250 thousand people are granted entry to Canada. To get a work visa for temporary employment in Canada, you must pay a hefty immigration charge of $1,500. The Canadian government gives priority to skilled workers.

Work authorization in Canada is tough to get by if you can’t show that you’ll be beneficial to the economy. If you have relatives in Canada who already has permanent residence, you won’t have to worry about this problem.

Bottom Line

Permanent residency in Canada is a goal of many individuals across the world. Canadians do have a good standard of living, despite the country’s numerous flaws.

Canada is an interesting country because of its beautiful landscapes and scenery. Hopefully, this post will help you decide if you should move to Canada permanently.

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