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Forex

All You Need to Know While Immigrating to Canada

For many years now, Canada has been one of the top destinations for Indians considering migration abroad. With excellent living costs, student facilities, education, and career opportunities, it is no wonder that so many people immigrate to Canada from India. In addition, the political tolerance of the country is one of the most accepting in the world, which attracts individuals from all over the globe.

But moving to an entirely new country is a lot of work, and it can prove to be physically and emotionally taxing for most. We at Thomas Cook, understand what it feels like and are here to solve most if not all of your worries about immigrate to Canada. Read on to learn more about the steps to immigrate to Canada and find new foreign currency exchange solutions with our Forex services.

Benefits of Immigrate to Canada

If better living conditions, comparatively lower living costs, and universal health care are on your list of wants, you should consider immigrate to Canada!

Canada offers better living standards to all who settle down in the country with a Canadian PR visa. According to the United Nations Quality of Life rankings, Canada has secured 9th place. This is a crucial ranking as more than 200 countries are analyzed for this yearly.

Along with this, Canada also offers various medical benefits that are almost entirely funded by the state. In other words, you can save up for your future as you do not have to pay massive fees on healthcare services. So, no need to worry about medical issues; instead, invest in Canada’s ever-growing economy and secure your family’s future!

Since 2016, the country’s economy has experienced a growth of 4.3%, which is expected to continue into the future as well. So, you don’t need to doubt yourself before you decide to begin your career in this G8 country.

Still worrying about international currency exchanges and money transfers ? Don’t be! Our Forex solutions can help you in these financial circumstances by providing you services in investing or transferring your money. We also offer services to buy and sell foreign exchange and send money abroad or receive it in India!

10 Things You Must Know Before Immigrating to Canada

Without a doubt, Canada is one of the most beautiful and desired countries for Indians migrating abroad. With some of the best government services and embracing cultures in the west, Canada has a robust education system and a fantastic healthcare system. Learn more about the country’s unique landscape and people before migrating to Canada!

1. Acceptance of Immigrants

Canada has a very embracing mindset towards immigrants and multiculturalism. According to reports, in 2020, there were 284,387 immigrants living in Canada. Hence, a ‘mosaic culture’ is the prevalent way of life in Canada, where everyone lives in relative harmony!

2. High Quality of Life

In Canada, you not only spend less on health insurance and rent but also on quality education as it is all taken care of by the state funds. As a result, Canada ranks number 1 for quality of life in 2020. Hence, we have also seen a surge in immigration rates to the country in the coming years.

3. Safety and Security

Canada has also consistently ranked in safety and security ranking lists. With strict gun policies, Canada has always enjoyed a peaceful environment due to the lowest crime rates.

4. Thriving Economy

Canada ranks #9 in GDP rankings among nations like Russia, Korea, Australia, Brazil, etc. To mention, Canada’s economy thrives because of service, manufacturing, and natural resources industries.

5. Great Education System

Canada receives international students every year because of its quality education which is on par with countries like the US, UK & Australia. A low cost of living and modern research also work as incentives for prospective students.

6. Ever-Expanding Job Market

With a stable economy and an ample number of corporations based out of Canada, the job market is ever-increasing. Immigrating to Canada promises rapid career progression and excellent job opportunities.

7. Universal Healthcare

A Canadian PR (Permanent Residence) makes you eligible for public health insurance. This means the universal healthcare system in Canada will take care of all your medical requirements with the taxes you pay.

8. Comfortable Weather

Canada experiences a range of climates, but most places tend to have long snowy winters and short hot summers.

9. Low Cost of Living

You can check which cities in Canada have an affordable cost of living according to your budget. Nevertheless, most cities are affordable with high salaries, but transportation costs may vary.

10. The Charter of Rights and Freedoms

Before you arrive in Canada, you must know the rights guaranteed to you during your stay by the Canadian Charter of Rights and Freedoms.

At Thomas Cook , we have noticed a growing need amongst Indians for a safe and secure money transaction method to countries abroad. As more families immigrate to Canada from India, we need a way to transfer funds to people abroad. Forex gives an easy way out of this problem by ensuring that only KYC-approved accounts can make payments via multiple payment options like debit card, credit card & Netbanking. This is also helpful in making remote fund transfers to students and entrepreneurs settling into a new country by themselves. Contact us to learn more about how to conduct transactions with individuals migrating to Canada!

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