Accreditations

  • Australia: Our partner company employs MARA registered agents.

  • New Zealand: Our partner company in NZ employs licensed immigration advisors

  • Canada: We work with Regulated Immigration Consultants

  • We are IATA (International Air Transport Association) certified

  • We are a member of TAAI (Travel Agents Association of India)

For more information about us, talk to us at - info@globalinvestorimmigrationservices.com

India: 343(Sierra Cartel Building), 2nd floor, 9th Main, 22nd Cross, sector 7, HSR Layout, Bangalore

Sydney, New South Wales, Australia 2000

Montreal, Canada

DISCLAIMER: We are not part of the Australian, Canadian, UK or any country’s government. We are a private limited company registered in India working with Registered Immigration Attorneys in various countries. We do not have the authority to grant you a Visa of any kind. The final decision on all Visa applications rests with the appropriate government authority in the country to which you are seeking to migrate.

We are a Management/Business Consultancy and assist client companies in talent search for a fee. We do not charge a recruitment fee from any individuals nor do we provide recruitment services.

To provide for secure and safe data management and communication for our clients and ourselves, we do not, as a company policy, accept any calls from VoIP or VPN based internet telephony numbers. We request all our clients to communicate through standard means of communications such as phone or e-mail. 

  • from Editorial Desk

Benefits and Obligations of Being a Permanent Resident of Canada


A brief of the benefits and obligations of Canadian permanent residency:

Where you can live

A permanent resident and accompanying dependants can live, work and study in any one of the ten provinces or three territories within Canada.

Education

Permanent residents have the right to a free education up to the age of 18 in the Canadian public school system.

When it comes to university, tuition fees are dramatically reduced for permanent residents when compared to international student rates. For example, the McGill University fees for a Bachelor of Arts program for 2016-2017 are $4,140 for a Quebec resident, $9,040 for other Canadians and $18,603 for international students.

Health care

Permanent residents qualify for provincial universal health care coverage from three months after their arrival in Canada. Most necessary medical expenses are covered, including visits to the emergency room, immunizations, yearly exams and more.

Tax

You must pay taxes at federal, provincial and municipal levels. Income tax is imposed on the basis of residency rather than citizenship. After becoming a permanent resident an individual would be required to pay Canadian taxes on worldwide income. The assets of a newly arriving immigrant are not taxed under Canadian law.

Federal tax rates for 2016

• 15% on the first $45,282 of taxable income,

• 20.5% on the next $45,281 of taxable income ($45,282 up to $90,563),

• 26% on the next $49,825 of taxable income ($90,563 up to $140,388),

• 29% on the next $59,612 of taxable income ($140,388 up to $200,000),

• 33% of taxable income over $200,000.

Canada Child Tax Benefit (CCTB)

Low-income Families with children under 18 receive monthly government payments to help with expenses.

  • Old Age Security,

  • Guaranteed Income Supplement,

  • Canada Pension Plan

All three of these programs are designed to provide financial support to workers after they reach retirement age – currently 65. To be eligible, you have to meet specific residency requirements and to have contributed to the system by paying taxes in Canada. However, most permanent residents will qualify for at least partial payments from these programs.

Maternity and parental leave

Working parents get time off when a new baby is born or adopted. Women can take 12 months and receive up to 65 per cent of their income. Partially-paid parental leave is also available for up to 35 weeks. One parent can take all 35 weeks or both parents can split the time. To be eligible you must have worked in Canada for at least 600 hours. That’s 75 days based on eight hour days.

Maintaining permanent residency

You must live in Canada for at least two years in a five-year period. If you live outside of Canada for longer, you may lose your permanent resident status

Becoming a citizen

Permanent residents have the right to apply for Canadian citizenship after meeting some requirements. Current law states that permanent residents must be physically present in Canada for 1,460 days in six years immediately before the date of their citizenship application. The permanent resident must also be physically present for 183 days during four of six calendar years before the application.

The Liberal government is currently aiming to reduce these requirements.

What permanent residents can’t do

Permanent residents cannot vote or run for political office. They are also barred from holding certain jobs that require high-level security clearance.

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