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Author Topic: WHAT IS RESP? WHY WE HAVE TO START AN RESP?  (Read 3856 times)
hmisabpk
Champion Member
******

Posts: 1919
Ratings: +477

« on: August 02, 2011, 08:20:36 am »

Hi friends,

Today one forum member sent a PM and asked me if I am successful and satisfied with my position, job, life and my future. (His PM was replied accordingly) but something I would like to share with you here in this forum. Even I am not visiting the forum regularly. After few months I am visiting and seeing some very nice and beautiful posts. (Only reading).

Somehow, I am very happy and satisfied with my job, with my business and personal achievements. I am still enjoying my parental leave (since Jan 2011), doing some part time job, Part time studying, presenting radio talk show, visiting all recreational attraction, parks, museum etc.. , and going to start own business, Today (by the grace of Al-Mighty God -InshAllah) we will register our company (Incorporation) because no big capital or fund are required to register your own company in Ontario or in Canada. Frankly speaking I am not a very successful but I am on right track and working on right direction  

Since we landed in this beautiful country, we all went through different phase of our life. Some become very successful in their field or occupation, some become top successful immigrants of the year, some are still struggling for success, some are still in phase of changing their carrier, some are again studying, (we pray that all will be successful one day) some are very happy, some are still searching new job, new carrier, new courses or program. This country allows you to establish, grow and achieve your goals, no boundary or limits to earn or expend your business as long as you are taxpayer. With peace of mind you can invest, work or relax whatever you want up to you.

Majority of immigrates and their children are very successful in all field of life in Canada. Even they are from different ethnic back ground, speaking different languages, or followers of different religions. Personally I have met with many successful immigrants who were just landed few years ago (like us), and very few I have met were unsuccessful, still straggling to manage their daily life (even they were landed one decade ago), they are undecided, unclear, no future plans for them and/or for their kids.

If you ask any immigrant that what was the main reason to immigrate in this country? The answer will be (100%) We came to this country for the better future of our kids. We all agree it is true but, when you will ask so what you have planned or what you have achieved for better future of your kids? Half of them will have no answer.

I and our team members are asking the same question during our live radio talk show every Sunday (FM 100.7), we are getting the same answer.

In addition, we immigrate for the better future of our children and we are forgetting that we have to plan for their better future, and no goal will be achieved in this country (or anywhere else) without plan, action, implementation and commitment. Our dream can come true if they will have two things from this country first the Canadian Passport and other the Canadian education/academic degree in their hand. (Not only the our children even all of us are thinking same, that's why we are again going back to study here)

Now let see how we can meet this challenge. How we can manage to cope with this challenge while we are still straggling with our daily living. We all parents are planning by our self for our children's expensive education but it is not enough, so government of Canada started (since 1998) to help in this regards, to encourage the parents to save for their kids University education by giving the Canada Education Saving Grant (CESG) up to $7200 and Canada Learning Bond (CLB) up to $2000 total $9200 per child in Ontario (Alberta and Québec different).

Still some parents are thinking to save money in the bank for their children's education without opening the RESP, Yes they can but they will not receive any Grant or learning bond and still they have to pay the tax as general saving on their all saving at the time of withdrawal.  

How to get this grant parent need to open the Registered Educational Saving Plan (RESP) with any authorized institute through licensed representative in Canada. (We represent Global Educational Marketing Corporation,globalfinancial.ca)
If you are landed immigrants (or Canadian citizen) have no RESP for your children. Please don't waste the time check the information on the following website, send me PM I will give you my cell number and e-mail ID. Contact me we can provide you FREE of charge consultation and will give the FREE information session at your home (if you are in GTA).

http://www.canlearn.ca/eng/index.shtml

HOPE THIS INFORMATION WILL HELP YOU TO MAKE BETTER FUTURE OF YOUR CHILDREN BY PLANNING AND PROVING THEM THE BETTER EDUCATION IN CANADA OR ANY PART OF THE WORLD.

SEND ME PM FOR MORE INFORMATION.


BEST REGARDS,

HMISABPK
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loolo
Hero Member
*****

Posts: 355
Ratings: +6
Category........: FSW1
Visa Office......: ACCRA
NOC Code......: 2151
Pre-Assessed..: Yes
App. Filed.......: 21 JUNE 2011
IELTS Request: sent with application
File Transfer...: soon
Med's Request: soon

« Reply #1 on: August 02, 2011, 08:29:08 am »

HMISABPK,
Thank you for the informative post.


Loolo
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EVERYTHING IS WORKING FOR MY GOOD,I AM FAVOURED AND ALWAYS AT THE RIGHT PLACE AT THE RIGHT TIME!
hmisabpk
Champion Member
******

Posts: 1919
Ratings: +477

« Reply #2 on: August 02, 2011, 08:32:07 am »

HMISABPK,
Thank you for the informative post.
Loolo

You are welcome Loolo
hmisabpk
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Appan
Hero Member
*****

Posts: 213
Ratings: +19
LANDED..........: Grace of God

« Reply #3 on: August 02, 2011, 09:13:50 am »

Hi friends,

Today one forum member sent a PM and asked me if I am successful and satisfied with my position, job, life and my future. (His PM was replied accordingly) but something I would like to share with you here in this forum. Even I am not visiting the forum regularly. After few months I am visiting and seeing some very nice and beautiful posts. (Only reading).

Somehow, I am very happy and satisfied with my job, with my business and personal achievements. I am still enjoying my parental leave (since Jan 2011), doing some part time job, Part time studying, presenting radio talk show, visiting all recreational attraction, parks, museum etc.. , and going to start own business, Today (by the grace of Al-Mighty God -InshAllah) we will register our company (Incorporation) because no big capital or fund are required to register your own company in Ontario or in Canada. Frankly speaking I am not a very successful but I am on right track and working on right direction   

Since we landed in this beautiful country, we all went through different phase of our life. Some become very successful in their field or occupation, some become top successful immigrants of the year, some are still struggling for success, some are still in phase of changing their carrier, some are again studying, (we pray that all will be successful one day) some are very happy, some are still searching new job, new carrier, new courses or program. This country allows you to establish, grow and achieve your goals, no boundary or limits to earn or expend your business as long as you are taxpayer. With peace of mind you can invest, work or relax whatever you want up to you.

Majority of immigrates and their children are very successful in all field of life in Canada. Even they are from different ethnic back ground, speaking different languages, or followers of different religions. Personally I have met with many successful immigrants who were just landed few years ago (like us), and very few I have met were unsuccessful, still straggling to manage their daily life (even they were landed one decade ago), they are undecided, unclear, no future plans for them and/or for their kids.

If you ask any immigrant that what was the main reason to immigrate in this country? The answer will be (100%) We came to this country for the better future of our kids. We all agree it is true but, when you will ask so what you have planned or what you have achieved for better future of your kids? Half of them will have no answer.

I and our team members are asking the same question during our live radio talk show every Sunday (FM 100.7), we are getting the same answer.

In addition, we immigrate for the better future of our children and we are forgetting that we have to plan for their better future, and no goal will be achieved in this country (or anywhere else) without plan, action, implementation and commitment. Our dream can come true if they will have two things from this country first the Canadian Passport and other the Canadian education/academic degree in their hand. (Not only the our children even all of us are thinking same, that's why we are again going back to study here)

Now let see how we can meet this challenge. How we can manage to cope with this challenge while we are still straggling with our daily living. We all parents are planning by our self for our children's expensive education but it is not enough, so government of Canada started (since 1998) to help in this regards, to encourage the parents to save for their kids University education by giving the Canada Education Saving Grant (CESG) up to $7200 and Canada Learning Bond (CLB) up to $2000 total $9200 per child in Ontario (Alberta and Québec different).

Still some parents are thinking to save money in the bank for their children's education without opening the RESP, Yes they can but they will not receive any Grant or learning bond and still they have to pay the tax as general saving on their all saving at the time of withdrawal.   

How to get this grant parent need to open the Registered Educational Saving Plan (RESP) with any authorized institute through licensed representative in Canada. (We represent Global Educational Marketing Corporation)
If you are landed immigrants (or Canadian citizen) have no RESP for your children. Please don't waste the time check the information on the following website, send me PM I will give you my cell number and e-mail ID. Contact me we can provide you FREE of charge consultation and will give the FREE information session at your home (if you are in GTA).

http://globalemc.com/
http://www.canlearn.ca/eng/index.shtml

HOPE THIS INFORMATION WILL HELP YOU TO MAKE BETTER FUTURE OF YOUR CHILDREN BY PLANNING AND PROVING THEM THE BETTER EDUCATION IN CANADA OR ANY PART OF THE WORLD.

SEND ME PM FOR MORE INFORMATION.


BEST REGARDS,

HMISABPK


Dear hmisabpk,

  Thank you for coming back in the forum.  Thanks for sharing your experience and thoughts.
 
  Wish you Good Luck for your New Business Venture.

Best Regards.

Appan.
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ADUFE
Hero Member
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Posts: 297
Ratings: +19

« Reply #4 on: August 02, 2011, 10:16:19 am »

Thanks for sharing such an invaluable info! +1  for you!
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hmisabpk
Champion Member
******

Posts: 1919
Ratings: +477

« Reply #5 on: August 02, 2011, 10:19:18 am »

Dear hmisabpk,

  Thank you for coming back in the forum.  Thanks for sharing your experience and thoughts.
 
  Wish you Good Luck for your New Business Venture.

Best Regards.

Appan.

Thank you Appan

hmisabpk
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hmisabpk
Champion Member
******

Posts: 1919
Ratings: +477

« Reply #6 on: August 02, 2011, 10:19:52 am »

Thanks for sharing such an invaluable info! +1  for you!

Thank you ADUFE

hmisabpk
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theshivster
Hero Member
*****

Posts: 484
Ratings: +17
Category........: FSW1
Visa Office......: London
NOC Code......: 7215
App. Filed.......: 12-04-2011
AOR Received.: 17-05-2011
IELTS Request: sent with app 8.5 band score
File Transfer...: RBVO 21 June 2011 IN PROCESS 20 Jan 2012
Med's Request: 14.08.2012
Med's Done....: 02.10.2012 (there is only one DMP here and we were waiting on new passports) Meds line added 19.11.12
Passport Req..: 07.02.2013 sent 11.2.13 arrived 12.2.13
VISA ISSUED...: Visa Dated 28.02.2013 Canadian Address on Ecas 02.03.2013 Decision Made Sunday 03.03.2013
LANDED..........: Prinicipal Applicant Landed 14 May. Have until 14.11.2013, the day the meds were cleared by LVO, not the date meds were done

« Reply #7 on: August 02, 2011, 10:59:23 am »

excellent post thank you for sharing Grin
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sibbi
Hero Member
*****

Posts: 281
Ratings: +4
Category........: FSW1

« Reply #8 on: August 02, 2011, 01:03:38 pm »

Dear hmisabpk
good to see u after a long time. would u like to tell us about the small business opportunities available for new commers in canada and the way to start a small business.
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qorax
VIP Member
*******

Posts: 11789
Ratings: +2118

« Reply #9 on: August 02, 2011, 01:46:54 pm »

Hi friends,
---
HMISABPK

RESP is indeed a smart & superbly beneficial investment for our kids.
Thanks for sharing HMI...

Qorax
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"Do your little bit of good where you are - its those little bits of good put together - that overwhelm the world." -Desmond Tutu

Qorax INDEXED:
http://www.canadavisa.com/canada-immigration-discussion-board/-t74858.0.html
hmisabpk
Champion Member
******

Posts: 1919
Ratings: +477

« Reply #10 on: August 02, 2011, 05:43:04 pm »

excellent post thank you for sharing Grin


Hi, Theshivster

Thank you

hmisabpk
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hmisabpk
Champion Member
******

Posts: 1919
Ratings: +477

« Reply #11 on: August 02, 2011, 05:50:38 pm »

Dear hmisabpk
good to see u after a long time. would u like to tell us about the small business opportunities available for new commers in canada and the way to start a small business.

Hi, Sibbi,

Thank you for your encouragement, regarding small business and the way to start are in my previous post.

http://www.canadavisa.com/canada-immigration-discussion-board/my-landing-experience-and-observations-t41271.30.html

hope its help

regards

hmisabpk
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hmisabpk
Champion Member
******

Posts: 1919
Ratings: +477

« Reply #12 on: August 02, 2011, 05:55:41 pm »

RESP is indeed a smart & superbly beneficial investment for our kids.
Thanks for sharing HMI...

Qorax

Hi, Qorax,

Thank you for the encouragement, no doubt that  RESP is tax sheltered and can receive the Govt Grant up to 20-40 percent per child.

Thanks,

hmisabpk
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rauf
Star Member
****

Posts: 188
Ratings: +7
Category........: FSW1
Visa Office......: Islamabad
NOC Code......: 4131
Pre-Assessed..: Yes
App. Filed.......: 12/5/2009
Doc's Request.: 12/6/2009
AOR Received.: 2/11/2009
File Transfer...: 30/06/2010
Med's Request: 22/12/2010
Med's Done....: 05/01/2011
Interview........: waived
Passport Req..: 22 Nov 2011
VISA ISSUED...: 12.12.2011
LANDED..........: 29.12.2011

« Reply #13 on: August 03, 2011, 08:34:01 am »


Dear HMISABPK

Excellent post. We will contact you once we are there. Thanks for sharing and the promised help
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hmisabpk
Champion Member
******

Posts: 1919
Ratings: +477

« Reply #14 on: August 04, 2011, 09:20:21 am »

Dear HMISABPK

Excellent post. We will contact you once we are there. Thanks for sharing and the promised help

RAMADAN MUBARAK

Hi, rauf,

Thanks you
I will be very happy to proved you information and all possible assistant in opening the RESP for your kinds (InshaAllah).

regards,

hmisabpk
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