7 months of cold and getting overworkered, canadians don't have time to meet significant others. Gf from asia is cost effectiveis trying to find a gf from Asia so he can move and start a fam life hehe.
7 months of cold and getting overworkered, canadians don't have time to meet significant others. Gf from asia is cost effectiveis trying to find a gf from Asia so he can move and start a fam life hehe.
Could you share more details about stuff getting ridiculous?So my primary goals of coming to Canada was to first, get the passport, then down the line get a home and use it for my retirement while I live and work away from Canada for the rest of my productive life.
Now I see Canadians fleeing this country for retirement to places like Portugal, Thailand, etc and stuff just getting ridiculous day by day here.
I think I mighttt no longer need that Canadian passport for the reasons I wanted it in the first place. Why get the added burden that comes with it. Why not just skip and see where I can figure out a retirement house purchase in low COL country right away by using my Indian passport.
There are ways (legal) to retain the PR for at least 10 or 15 years for me..unless they change the law of course.
Edit: before someone maybe suggests retiring in India, without getting into reasons, that is not happening. I want to retire in a generally peaceful and good-ish air quality country.
Ahh Well the obvious stuff.. Affordability, insane medical wait which people near retirement age don't do well with, and not having multiple properties. That's the biggest one for some people, they want to sell their one or two properties, collect the cash and get out to preserve their savings or decrease their expenses.Could you share more details about stuff getting ridiculous?
To achieve what you want, get a remote job, pay taxes in Canada, but use LCOL of India/home country. Spend two years outside of Canada and save everything up. In LCOL of India/home country you can expect yourself to spend as little as 5-10% of what you earn. Come back with two years(to ensure PR obligations) worth of saving. While you are at it, grind a little and get multiple jobs. You can easily save >$60k. Spend 6 more months in Canada, get your credit scores up again. Make a 10% downpayment or 20% downpayment or whatever you can and break out of this loop that you are afraid of being stuck in forever.So my primary goals of coming to Canada was to first, get the passport, then down the line get a home and use it for my retirement while I live and work away from Canada for the rest of my productive life.
Now I see Canadians fleeing this country for retirement to places like Portugal, Thailand, etc and stuff just getting ridiculous day by day here.
I think I mighttt no longer need that Canadian passport for the reasons I wanted it in the first place. Why get the added burden that comes with it. Why not just skip and see where I can figure out a retirement house purchase in low COL country right away by using my Indian passport.
There are ways (legal) to retain the PR for at least 10 or 15 years for me..unless they change the law of course.
Edit: before someone maybe suggests retiring in India, without getting into reasons, that is not happening. I want to retire in a generally peaceful and good-ish air quality country.
Which area in Ontario is cheapest in terms of purchasing an apartment/condo and how much would it cost. You all seem pretty knowledgeable, please guide. TIA.@iSaidGoodDay
I have a similar plan. Timing is a little fluid though and I spoke to a lawyer who says I can meet the pr obligations too without being here (but it can be tricky as a wife and kids come into perspective).
Will update here on what I do.
Agree with you, gta/GVA pricing is pretty impossible to crash. It'll correct maybe, yeah, but very likely never crash.
I kinda don't want to buy real estate in Canada at all actually, don't wanna be a part of this racket, even though I can and my family is more than willing to help me out with the down-payment... because my reasons of wanting to retire here have fundamentally changed/are changing. Basically Canada is becoming pointless for me.
Maybe a condo in winnipeg just for the heck of it if the price is right, with a 40-50%+ down payment. Maybe.
LOL I am not knowledgeable at all! Only been here 6 months.Which area in Ontario is cheapest in terms of purchasing an apartment/condo and how much would it cost. You all seem pretty knowledgeable, please guide. TIA.
Ah, okay. I am unsure about meeting PR obligations without being there, but if you spoke to a lawyer then there should be something.@iSaidGoodDay
I have a similar plan. Timing is a little fluid though and I spoke to a lawyer who says I can meet the pr obligations too without being here (but it can be tricky as a wife and kids come into perspective).
Will update here on what I do.
Agree with you, gta/GVA pricing is pretty impossible to crash. It'll correct maybe, yeah, but very likely never crash.
I kinda don't want to buy real estate in Canada at all actually, don't wanna be a part of this racket, even though I can and my family is more than willing to help me out with the down-payment... because my reasons of wanting to retire here have fundamentally changed/are changing. Basically Canada is becoming pointless for me.
Maybe a condo in winnipeg just for the heck of it if the price is right, with a 40-50%+ down payment. Maybe.
Probably something like having a Canadian spouse or working for a Canadian org/business overseas?how does this work?
It's very very very risky and IRCC does not take kindly to people who try it, so I'm not saying its advisable.. But it can be done.Ah, okay. I am unsure about meeting PR obligations without being there, but if you spoke to a lawyer then there should be something.
Basically, more cashflow = more clarity of thoughts - hard to think straight when all you can think about is food and shelter. Let's say you decide that Canada isn't going to work out for you, you can still save $150k-250k over the years to move as an investor in other countries (e.g. Malta). That way, you won't lose in anyway. You'll keep making best of every situation.
I thought that PR cards could just simply be renewed when they are going to expire.It's very very very risky and IRCC does not take kindly to people who try it, so I'm not saying its advisable.. But it can be done.
Here's one way to do it according to my lawyer: delay apply apply wife's PR and do it towards the end of my pr obligation. So when my pr expires, my wife can sponsor me in. This is legal and fairly easy to do.
Yes, in the end even if I lose the PR status and make more money elsewhere, it should be fine in the long run. I'll have kids here in Canada though.
Saving that much money is not impossible for me, but knowing what I know I can likely only do it outside Canada. And I'm inclining heavily towards that because here I am worried about food and shelter but more than that... Its the time that I feel I am losing by being inside Canada that hurts me the most.
Well, I found out quite late that there's a huge catch to this seemingly "PERMANENT" residence status.I thought that PR cards could just simply be renewed when they are going to expire.
Isn't it why you are called a permanent resident? because its permanent
Congratulations to you and your hubby.Immigrating here worked out for me, though. I landed last year in August, found my job in 2 weeks and the pay was alright. I got my car a month later. I've also been doing freelance work for my previous company where I emigrated from. Its pay is more than enough to cover my living expense and my car loan ( finishing in 3 years, I did not want to drag this), so I can save my full salary that I earn in Canada.
My husband's PR was approved and he will be moving here from the US soon. We had saved enough for down-payment before I arrived in Canada, so we will be looking for a house as soon as he is here (and, touch wood, find a job).
I am nowhere doing as well as my friends, to be honest. Some of them are out shopping for their 3rd house. If you are persevere enough, you can do.