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Ray of hope - FSW - 1

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dankboi

VIP Member
Apr 19, 2021
3,687
11,099
London, United Kingdom
Category........
FSW
Program: PNP
Date: March 17, 2021
Time: 11:49:48 UTC
CRS cutoff score: 682 points
Tie-breaking rule: March 04, 2021
Invitations (ITAs): 183

Anyone remember this draw ?
what is the profile with 82 CRS ?
 

Windsor37

Hero Member
Jul 9, 2020
503
461
Yes bad for immigration, but the market depends on the business deals which the majority of the community is involving. The majority is immigrants when compared to Canadian citizens.

It seems the Canadian citizens ain't competitive enough.

The immigrant population is outweighing the citizens in many aspects. The skilled immigrants who receive the PR, settles in Canada by buying a house or a property within an year or two, if that's the citizens' issue then the citizens should rethink about their abilities. The International students and their inflated tuition fees are covering for the domestic students education, and all the government all day do is cry over the hosing prices skyrocketing cause the hardworking and money saving immigrants are buying houses for their families and making their future generations safe.
Survival of the fittest.
Also considering the PR holders background of life, they maybe from a country where life and settlement is via owning a house / property for his/her family where as Canadians don't.

This is my understanding.


I am aware of the UK market alone, specifically Central London, As a matter of fact it's way more expensive than Canada and Singapore. Neither the government nor the citizens are crying over this. They don't complain it's because of the immigration, This is why the UK work permit requires anyone to have the minimum yearly salary of £25600 considering the skilled worker is single and on a skilled mid level job. Even though they stated their requirement of minimum annual wages, the work permit won't be issued unless it is skilled enough so the employer will be able to pay him / her £38000+
If I'm a UK PR holder, it'd take 9-10 years for me to buy a property on my own considering that my annual salary is £35000 and I live single till I am 35. Whereas if this is in Canada it'd be just 3-5 years max. It depends on the persons competence. I believe so
I don't think "competitive" is quite the right word here, more like there's not enough Canadians to go around in Canada. They're bringing people in, because who's gonna work and pay all the taxes right? And if they're going to bring people, they'll want to bring people who makes a lot of $$$ so they pay a lot of taxes too - and this squeezes the less skilled people whether they are native born Canadians or not.

As for the housing conundrum, I personally don't think it's completely tied to immigration. The housing market is a weird market because unlike typical goods, several factors are in play which drives the prices up.

1. First is the general demand for the commodity, more people coming in means more people needs shelter, driving the prices up.

2. The second one which makes it quite unique, is that there are also people investing in housing, which in turn drives prices up. What makes the second reason special is that these people investing in real state doesn't really need the house per se, they're just seeing it as something they can flip and make some $$$ on.

So you have a first set of people which considers a home a basic necessity, and another set of people which considers a home similar to a stock in the stock market. This makes the housing market both a basic necessity market AND an investment market.

3. Finally you have the 3rd set people, these people are people who own homes but doesn't want to sell them even at premium prices simply because they don't want to settle at a cheaper place, or they just enjoy watching their net worth go up or just some sentimental value. This eventually reduces the amount of supply available in the market, and add that to recent events like COVID or having a boat stuck in a canal somewhere disrupting supply chains and you have the perfect recipe for skyrocketing real estate prices.

I'm not sure about the 3-5 years max, maybe in the less popular regions it's possible. But in Toronto or Vancouver, where you'd be lucky to get a home for less than $1M CAD, you'd better be making a whole lotta money to close that debt in 3-5 years.
 

Windsor37

Hero Member
Jul 9, 2020
503
461
For many, Canada is the gateway to the US. Once you get Canadian Citizenship, many people run to the US.
From my perspective, I see it as a "safe haven". If you have a Canadian Citizenship and went to the US to work, then if the US decides to deport you, you'll be getting kicked back to Canada and not your country of origin.

Though these days, I think Canada is just a better place to live. The US looks to be in turmoil from the insurrection, police related issues, racial issues etc. Sure the US might net you more $$$, but it's hard to put a price on peace of mind.
 

txlonghorn

Star Member
Mar 13, 2021
68
83
May I know your reasons for wanting to move to Canada?
Largely a long term hedge (against the petrodollar, US inflation & financial markets), a second retirement option (while also opening up the door to early retirement since healthcare coverage won't be a problem), lower university costs and some ethical unease surrounding the US military, wars & media.

Oh, and perhaps the unrealistic hope that cancel culture isn't as prevalent as it is here.
 
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