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There are several ways to obtain permanent residency in Canada, whether it be through the wildly popular Canada Express Entry Program, the Provincial Nominee Program, or the Start-Up Visa Program, which has quickly become one of the most accessible residency-by-investment programs in the world.

What are the Benefits of Canadian PR?

Canadian permanent residency offers numerous benefits that make moving to Canada an appealing choice. However, it’s important to understand the specific advantages it provides.

1. Ability to Purchase and Own Property in Canada

Due to the highly increasing prices of property because of an influx of foreign investors driving up the property market, the government decided that only those who are permanent residents or citizens of Canada would be able to purchase and own property. Those with temporary visas, like work permits or student visas, would not have the opportunity to purchase property at this time.

As this regulation is ongoing, obtaining permanent residency in Canada gives the special opportunity to be able to purchase and own property in Canada, whether for investment or as a primary residence.

2.Domestic and Resident Tuition Rates for University Students

International student tuition rates are exorbitantly high and often cross four times the rates offered to residents and citizens of Canada. This means that on a four-year program for one student, a family can save up to $190,000 CAD if the student is a permanent resident as opposed to being a foreign student.

As more and more families choose to send their children to higher education in Canada, these cost savings become appealing. Aside from this, access to scholarships and grants that are only available to domestic students is another important factor to consider when it comes to a child’s education.

3.Free Elementary and Primary School Education

Those who are permanent residents of Canada are eligible for free primary and elementary school education. Canada has a number of free, publicly funded schools that children can attend from kindergarten through to grade 12.

4.Access to Universal Healthcare

Canada operates a healthcare system that is largely funded by publicly paid tax dollars. This system of universal healthcare means that many essential medical services are free of charge or require only a very small copayment. As a permanent resident of Canada, you will obtain a health card in your province of residence. This health card is a photo identification card that will give you access to free health care throughout Canada and will even cover you during travel in some emergency circumstances.

5.Access to Social Services

Canada offers a host of social services to its permanent residents and citizens functioning under the Social Insurance Number (SIN). Each permanent resident will receive an identifying number and a Social Insurance Card, which will enable them to access these social security benefits, such as unemployment insurance, access to RRSPs, and retirement pension plans.

6.Right to Work or Live Anywhere in Canada

As a permanent resident of Canada, you will have access to the entire country and all provinces. This means you will have the right to live and work in any province in Canada without sponsorship or the need for any other visa. You are not restricted geographically, which opens up the doors of opportunity for career growth and job opportunities.

7.Family Sponsorship

In Canada, permanent residents have the right to sponsor certain family members. This includes parents, minor children, and spouses. 

8.Freedom to Travel

Achieving permanent residency in Canada will allow you to travel throughout Canada freely without any other permits or requirements necessary. It will also ease your travel to and from the United States.

Once you have Canadian citizenship and a passport, you will be able to travel to over 180 countries worldwide visa-free, visa on arrival, or with the ease of an e-visa process.

9.Tax Benefits

Paying taxes in Canada as a permanent resident or citizen will open doors to the highly rated social security system and universal healthcare, allowing all residents and citizens of Canada access to free healthcare at any time.

10.Path to Canadian Citizenship and Passport

As a permanent resident of Canada, you will be on the path to Canadian citizenship and a passport. When a permanent resident spends 3 out of 5 years in Canada physically, they will then qualify for Canadian citizenship through naturalization. Unlike other countries, where one must hold their permanent residency for a 5-year minimum period before they can apply for citizenship, in Canada, once the three-year physical requirement is completed, a permanent resident will immediately become eligible to apply for the Canadian passport. 

Conclusions

Canada remains one of the most flexible and affordable options when it comes to migration to a Western country and a path to citizenship and a passport. The passport can be attained in 3 years if all other requirements are met, which is much shorter than most other Western and European countries. The benefits that come along with such a passport, like social security, safety, and education, make Canada one of the most sought-after geographical locations globally for migration.

FAQs

A Canadian Permanent Resident Card will allow you to travel throughout Canada visa free.

Canadian permanent residents have all equal opportunities to living and working in Canada legally without the need for an employer sponsor. Permanent residents can also start their own businesses. Canadian permanent residents will have access to all the social security and universal healthcare benefits of Canada.

Canada has over 75 immigration programs. Please contact us for more information on which programs may be best for you.

Yes, Canadian permanent residents can work freely in Canada without the need for employer sponsorship.

In order to maintain your permanent residency in Canada, you must live 2 out of 5 years in Canada. To obtain citizenship, you must live 3 out of 5 years in Canada.