Relocating to a new nation is not only a major life decision, but it is also an expensive one.

Canada is an immigrant-friendly country in terms of immigration spending, and this is reflected in its immigration policy.

As compared to other major immigration destinations, Canada remains comparatively affordable.

In this post, we will examine the overall costs of various types of applications, such as Express Entry, Provincial Nominee Programs (PNP), and others.

 

 

Factors that determine the cost of moving to Canada

When determining the real cost of relocating to Canada, there are two steps to consider:

The fees of the immigration application procedure are the first stage. This covers all fees associated with acquiring your visa. The second step involves the costs of the actual migration.

The size of your family and the kind of immigration program for which you apply affect the cost of migrating to Canada.

It also covers settlement payments, visa processing fees, document collection, and even transporting your pet.

 

In general, Canada is thought to have a high standard of living, a well-developed public school system, and easy access to healthcare.

Relocating to a new country is not only a huge life decision, but it also requires a substantial financial commitment.

 

 

Can I move my family to Canada?

Foreign nationals may bring their family to Canada under certain immigration schemes.

The number of family members who can accompany a foreign national, however, is determined by the immigration program.

In Canada, however, family sponsorship programs enable Canadian citizens and permanent residents to sponsor their spouse or common-law partner, dependent children, and parents/grandparents.

To determine if your family members may accompany you, you must first pick which immigration path to choose.

 

 

What is the minimum amount of money needed to immigrate to Canada?

The cost varies depending on whether you’re moving alone or with your family. Moreover, unless you have a job lined up in Canada, you’ll need enough money to get by. At least until you find a place to live.

This is why the Canadian government requires permanent residents to have a particular amount in their bank account.

Emigrating to Canada typically costs roughly CAD 2,300 for a single applicant and CAD 4,500 for a couple.

This sum does not include the settlement money that many candidates must produce to be eligible for Canadian immigration; this amount varies based on family size, starting at around CAD 13,000 for a single applicant.

If a candidate applies through a provincial program, there may be additional fees. Proof of settlement money is not required for those with a Canadian work offer or applying under the Canadian Experience Class.

In general, an individual applicant would need around CAD 15,500 to enter Canada. A couple will require approximately CAD 21,000, while families with 2 kids would require between CAD 25,000 and CAD 30,000.

 

 

Costs for Some Immigration Methods in Canada

  

Express Entry

Express Entry will welcome 55,900 immigrants to become permanent residents in 2023. This is one of the loftiest objectives for a single program.

Express Entry is quite popular and appreciated by overseas nationals due to its convenience and benefits. Consider some of their benefits:

The Express Entry program is open to almost everyone. Eligibility can be established by completing a few easy questions or by examining the program’s particular requirements.

The following is a breakdown of the immigration fees and their prices in Canadian dollars.

 

Fee description	Individual	Couple	Family of 3	Family of 4
Application processing fee	850	1,700	1,930	2,160
Biometrics	85	170	170	170
Medical exam	100	200	300	400
Language test	300	600	600	600
Educational credential evaluation	200	400	400	400
Permanent residence fee	515	1,030	1,030	1,030
Settlement funds	13,213	16,449	20,222	24,553
Miscellaneous fees	250	500	600	700
Total	15,498	21,019	25,252	30,013

 

 

Canadian Experience Class

If you want to move to Canada through the Canadian Experience Class or as a Federal Skilled Worker, the following are the average expenditures for a family of four:

 

• Government Application fees ~ $3,360
• Language testing ~ $700
• Having foreign degrees assessed~ $545
• Criminal background check ~ $50
• Medical examinations ~ $860
• Passport transmission fees ~ $80

 

In addition to the aforementioned sum, if you are applying as a Federal Skilled Worker or Federal Skilled Tradesperson, you must have the necessary amount of settlement money available.

Settlement funds are determined by family size and must be liquid, easily available, and debt-free.

Even if your dependents will not follow you, you must have adequate settlement monies to cover the size of your family, including them.

Note that your settlement monies are not an immigration fee. Rather, they are monies that you will keep and utilize to begin your new life in Canada.

Depending on where you are relocating to in Canada, your real day-to-day expenditures may be higher, lower, or the same as in your native country. This will, of course, be determined by the relative costs of other items.

 

 

The Provincial Nominee Programs

Another fantastic alternative for working and residing in Canada is the Provincial Nominee Program.

Not only that, but you are free to live in any province or territory in Canada.

Local provinces and the Canadian government have an agreement that allows foreign people to be nominated to live and work in that province permanently.

You have two alternatives if you wish to apply for a nomination. You can apply to the province of your choosing directly or through Express Entry.

In Canada, PNPs are managed by eleven provincial and territory governments. These provinces and territories set their processing or application costs.

If you are nominated for PNP, the processing fee will be added to the cost of your permanent residence application.

Obtaining a PNP nomination significantly increases your prospects of immigration.

The additional costs imposed by each province are listed below in a table.

 

Provincial Nominee Program	Cost in Canadian Dollars
Alberta Immigrant Nominee Program	500
British Columbia Immigrant Nominee Program	1,150
Manitoba Immigrant Nominee Program	500
New Brunswick Immigrant Nominee Program	250
Newfoundland and Labrador Immigrant Nominee Program	250
Nova Scotia Immigrant Nominee Program	0
Ontario Immigrant Nominee Program	1,500 or 2,000
Prince Edward Island Immigrant Nominee Program	300
Saskatchewan Immigrant Nominee Program	350

 

 

Business immigration program

A business immigration program may be the most convenient option for you to migrate to Canada if you have expertise in operating or managing your firm.

Individuals who desire to come to Canada through the Investor, Entrepreneur, or Self-Employed channels must pay the following processing fees:

• The primary applicant is: $1,625
• Couple: $2,475
• For a kid under the age of 22 who is dependent: A cost of $230 is applied to the primary application fee for each kid.

 

 

 

Economic Immigration

The following processing fees apply:

• Quebec Skilled Workers
• Provincial Nominee Programs
• Atlantic Immigration Pilot
• Federal Skilled Trades
• Federal Skilled Workers
• Canadian Experience Class

 

Fee for application processing in Canadian dollars:

• $1,365 (processing cost and right of permanent residency charge) for the principal applicant

 

• Spouse (cost for permanent residence: $1,365)

 

• A dependent kid under the age of 22: Add $230 to the total.

 

 

Family Sponsorship

If you have an eligible family member who is a permanent resident or citizen of Canada, family sponsorship will most likely be the simplest option for you to enter Canada.

Permanent residents who want to bring their family to Canada will encounter the following costs:

• Spouse or common-law partner: $1080 (plus sponsorship, primary applicant, and right to permanent residence fees).

 

• Add $155 for each dependent kid.

 

• $1,080 for a parent or grandparent (including the sponsorship charge, primary application fee, and right to permanent residence fee).

 

• Your parent’s or grandparent’s spouse or common-law partner: $1,080

 

• $155 for dependent children of your parent or grandparent