How Much Does It Cost to Migrate to Canada? | 2023 Guide
How much does it cost to migrate to Canada from the Philippines? Understanding the expenses involved is crucial when exploring immigration options. In this comprehensive overview, we’ll break down the costs for various pathways, including Express Entry, study, Provincial Nominee Program, and Family Sponsorship. Learn about the pros and cons, competition, approval rates, and processing times for each route. Make an informed decision and embark on your journey to a new life in Canada today!
Moving to Canada can be an exciting prospect for Filipinos, but it’s crucial to be aware of the costs involved in the immigration process. Whether you’re exploring immigration streams, study pathways, family sponsorship, or other visa options, understanding the expenses associated with each route is essential. In this article, we’ll provide a comprehensive breakdown of the costs for various migration streams and weigh the pros and cons in terms of competition, approval rates, and processing times, so you can make an informed decision about your Canadian immigration journey.
Top 4 Methods to Relocate to Canada while Considering the Cost
1. Express Entry
The Express Entry System is a popular choice for skilled workers who want to immigrate to Canada permanently. It’s a points-based system that assesses candidates based on factors like age, education, work experience, and language proficiency. The cost of applying through Express Entry includes the processing fee, right of permanent residence fee (RPRF), medical exams, language tests, and educational credential assessments (ECA).
Cost
The total cost for a single applicant is approximately P145,000 to P165,000, excluding any additional fees for family members.
Pros:
• Faster processing times compared to other immigration streams.
• Transparent point-based system, making it easy to understand your eligibility.
• Opportunities to apply for provincial nominations to increase your chances.
Cons:
• High competition due to its popularity among skilled workers.
• Meeting the Comprehensive Ranking System (CRS) cutoff score can be challenging.
• Limited spots available for certain occupations.
2. Provincial Nominee Program (PNP)
The Provincial Nominee Program allows provinces and territories in Canada to nominate individuals based on their specific labor market needs. Each province has its own PNP stream, targeting different occupations and skill sets. The cost includes application fees, language tests, medical exams, and other required documentation.
Cost
Application fees can range from P41,000 to P83,000, depending on the province and stream.
Pros:
• Increased chances of nomination based on the demand for your skills in a particular province.
• Lower CRS cutoff scores for Express Entry candidates with provincial nominations.
• Options to apply for permanent residency once nominated by a province.
Cons:
• Specific eligibility requirements for each provincial stream may limit options.
• Nomination quotas can fill quickly, making the process competitive.
• Processing times may vary depending on the province and the volume of applications.
3. Study Pathway
Studying in Canada can also be a pathway to permanent residency. Many international students choose this option to experience Canadian education while keeping the door open for future immigration. The cost includes tuition fees, living expenses, health insurance, study permits, and other incidental expenses.
Cost
Tuition fees vary depending on the program and institution, ranging from P625,000 to P1,660,000 CAD per year. Living expenses can be around P415,000 to P622,000 annually.
Pros:
• Increased chances of nomination based on the demand for your skills in a particular province.
• Lower CRS cutoff scores for Express Entry candidates with provincial nominations.
• Options to apply for permanent residency once nominated by a province.
Cons:
• Specific eligibility requirements for each provincial stream may limit options.
• Nomination quotas can fill quickly, making the process competitive.
• Processing times may vary depending on the province and the volume of applications.
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4. Family Sponsorship
Family Sponsorship allows Canadian citizens and permanent residents to sponsor their family members to come and live in Canada. This pathway is designed to reunite families and promote family unity. The sponsor is responsible for providing financial support to their sponsored family members for a certain period.
Cost
The cost for Family Sponsorship includes processing fees, medical exams, and other necessary documentation. The sponsorship agreement also require financial commitments. The expenses associated with sponsorship are determined by the particular settlement community and the size of the sponsored family. For instance, if a group in the Toronto region intends to sponsor a single individual, the sponsorship costs will amount to at least P690,000. Check fees here.
Pros:
• Strong emotional support through family reunification.
• A relatively straightforward process when sponsoring immediate family members.
• Additional points in Express Entry for having close family ties in Canada.
Cons:
• Lengthy processing times in some cases, especially for certain family members.
• Financial responsibility for the sponsor during the sponsorship period.
• Stringent eligibility criteria to ensure genuine relationships.
When considering a move to Canada, it’s vital to be well-informed about the costs and requirements associated with each migration stream. The Express Entry System offers an efficient option for skilled workers, while studying in Canada provides a chance to gain valuable Canadian experience. The Provincial Nominee Program allows for increased nomination opportunities, and Family Sponsorship promotes family reunification.
As you embark on your Canadian immigration journey, carefully assess your eligibility and financial readiness. Seeking professional advice and assistance can make the process smoother and increase your chances of success.
If you’re ready to start your journey to Canada from the Philippines, explore your Canada immigration pathways with Expedite Visa. Our team of experts is dedicated to offering guidance and support throughout the immigration process. Take the first step towards a new life in Canada today!