Finally, after waiting for more than 15 months because of the coronavirus pandemic border closure, all the eligible confirmation of permanent resident holders can now get entitled to fulfill the process of arriving and settling down in Canada.
Even it has been a long time since the commencing of the Coronavirus pandemic in early 2020. The Canadian government still has several COVID 19 related immigration regulations of which every newcomer needs to be aware like, presenting the evidence of negative Covid 19 test for all the travelers arriving in Canada.
The below article will help the approved applicant in settling down in Singapore.
Pre-arrival tips to make the transition seamless
The Canadian borders have been reopened, and if you have completed your vaccination process, you might not require undergoing a quarantine period of 14 days after arriving in Canada. In case you are experiencing any COVID-19 symptoms prior to leaving, then it’s always an ideal option to reschedule your arrival date.
It is also crucial to check with the Immigration, Refugees, and Citizenship Canada (IRCC) and Canada border services agency if you have any related queries. However, you also need to make sure that your confirmation of permanent residence is still valid. Immigration, Refugees, and Citizenship Canada (IRCC) are equipped with sufficient resources to renew the COPR that enables you to travel to Canada.
Setting up your finances as a newcomer.
After arriving in Canada as a newcomer, you will require to schedule an appointment with an advisor at the bank whom you can trust.
Not just can the adviser assist you in setting up the bank account in Canada, but they are also equipped with sufficient resources to help you understand some basics of finance like how you can build your credit history quickly and get entitled to acquire the new vehicle loan.
A reliable advisor can assist you in setting up a savings account in a Canadian bank, accessible to credit and complete commissions free international money transfer with the trusted platform specially designed for the newcomers.
Once your bank account has been established in Canada, it is the right time to set up a realistic budget. There are numerous budget calculators that can quickly help you set up dollar amounts as per your needs and wants. There are some basic financial needs that you need to prioritize after arriving in Canada that are rent or mortgage expenses, utilities, grocery costs, and transportation costs. Apart from this, several other expenses might not fit under your new budget, including gym membership, unique home decor, and cable TV.
However, it is a perfect choice to keep aside some extra funds every month so you can do those to the new cost of living. The cost of the groceries and utilities may cost more in few territories than in your home country So keep aside additional funds that might be helpful for you to cope up with the economic changes without getting short with the monthly budget.
If you have the facility, it’s better to obtain a credit card as quickly as possible when you start building your credit card history. Everyone from utilities, lenders, potential employers to landlords in Canada, check your credit history and score to check whether you are financially stable. For example, suppose you are looking for a job in Canada where your work is to manage money-related matters or related information. The employers appointing you might check if your finances are in the proper manner. Newcomers who have recently arrived in Canada get eligible for the unsecured credit card even if they do not have any credit history. You need to proceed with building the credit history once you have arrived in Canada.
Getting important documents
After you have finally arrived in Canada, your primary focus must be keeping your documents in the correct order. A Canadian resident will require the following documents:
Permanent Resident (PR) Card: The permanent resident cards need to be obtained during the immigration process and provided to you before you travel to Canada. You can use this card for traveling to Canada and acquiring a bank account. However, it is also helpful in several other government-related documents.
Provincial Health Card: The provincial health card is one of the essential cards required for consulting a doctor, taking care of several other medical needs, and visiting the hospital. If you do not have this card, then you might require to pay higher medical bills. Several territories in Canada provide you access to medical coverage right away, whereas some other provinces require a three-month waiting period. If you intend to move to any of the following provinces, in that situation, you will need to have temporary private insurance to cover such gap:
- British Columbia
- Ontario
- Quebec
- Saskatchewan
- Northwest Territories
- Nunavut
- Yukon
Social Insurance Number (SIN): At this moment, you are only required to apply for a social insurance number card online or through the mail. You can use your permanent resident card to apply for the social insurance number once you arrive in Canada. You will feel the need for a social insurance number to pay the taxes, apply for interest-earning bank accounts, invest money, and find employment opportunities within Canada.