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Immigration News

BENEFITS FOR PERMANENT RESIDENTS OF CANADA

29/03/2023
Canada is often referred to as a “paradise for immigrants”. Social benefits, labor policies, advanced education, leading medical care are the reasons that foreign citizens decide to immigrate for a long time and want to get a Canadian permanent resident card.

1. Guarantee for relatives

The Canadian government always puts family reunification as a priority, so when you become a Canadian permanent resident, you will be allowed to sponsor your spouse (wife or husbankd) and children under the age of 23. Family members can also live, work, and study in Canada and enjoy the same benefits as a permanent resident.

2. Live and work like a Canadian citizen

Canada is a country famous for its beautiful landscapes and top quality of life. Therefore, you can live and move to any territory or province in Canada with a PR card.

Live and work like a Canadian citizen

3. Legally establish own businesses

Permanent residents can legally establish their own businesses after immigrating to Canada. They can invest in a franchise or start a new business by ownership, joint venture or partnership without being a Canadian citizen.

4. Welfare for children

For Canadian permanent residents with children under 18 years of age will receive a number of benefits:

  • Receive tax-free payments from the Canada Child Benefit program administered by the Canadian Federal Tax Service (CRA). This amount will partially help with child-rearing costs.
  • The Government of Canada guarantees free education up to grade 12 for all children (age 18 and older) of permanent residents. At the same time, tuition fees are significantly reduced for permanent residents while attending university.

5. Health care

Canadian immigrants with a PR card will receive free medical care services provided by the government and authorities. This service will cover medical and prescription drug costs paid for through taxes.

6. Maternity benefits

This benefit is for pregnant and childbirth. The father and mother of a newly born child can share the benefits of this maternity benefit, such as the number of days of legal leave to care for the child.

The number of days off for a caring parent can go up to 69 weeks, and maternity benefits can be up to 55% of pre-baby income, up to a maximum of $595 CAD/week.

7. Interest rate and income incentives

Preferential interest rates in the purchase of real estate, cars and other high-value consumer items. Canadian permanent residents can buy installments for a long time if they meet the requirements such as having a job, paying taxes, etc.

For real estate, there will be no taxes associated with owning a house or land, nor taxes associated with inheriting land.

Besides, for incomes outside of Canada, citizens and permanent residents will not have to pay any taxes to the Government, they just need to fulfill the tax liability for the country in which they generate the income. enter there.

Preferential interest rates and income

8. Retirement for the elderly

When employees are from 65 years old, they can receive pension. This is a benefit jointly contributed by the employer and the employee. You can receive this payment before age 60 or until age 70. However, you will only receive up to 70% if you receive benefits early, and will receive more than 30% if you receive benefits later.

Canadian seniors will receive additional benefits such as: free health insurance, free medical bills, home tax refunds, preferential bus rides.

9. Social security benefits

In addition, Canadian permanent residents will enjoy other social security benefits:

  • Life support for newcomers (for those unable to find work and/or unable to work due to medical reasons).
  • Basic pension, even if the worker has not worked a day in Canada.
  • Subsidizes prescription drugs and medical aid for pensioners as well as those on low incomes and (they only pay an administrative fee of CAD 2 for any prescribed drug amount).
  • Government subsidized housing for low-income people.

10. Unemployment insurance

Employees who are permanent residents or Canadian citizens are entitled to unemployment insurance for up to 6 months if they have worked continuously for 3 months. Unemployment insurance in Canada is quite high compared to the common level of other developed countries.

Depending on the province, permanent residents may receive additional benefits when they are out of work.

11. Get Canadian Citizenship

Permanent residents after living and working in Canada, they can apply for a citizenship test to enjoy many of the benefits of Canadian citizens:

  • Provincial and federal government elections.
  • Working in government agencies, jobs that require a high level of security.
  • Possessing a “powerful” Canadian passport, traveling to many countries without or easily applying for a visa.

Road to Canadian citizenship

Start your journey to becoming a Canadian permanent resident today with iCanfield.


iCanfield Vietnam Immigration & Study Abroad Consulting Company 

Address: 93 Nguyen Du, Ben Nghe Ward, District 1, HCMC

Hotline: 028.3822.0285

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