How much does it cost to immigrate to Canada: the latest cost analysis and hot topics in 2023
Immigrating to Canada has always been a popular choice for applicants from all over the world, but the issue of cost is always a focus. This article will combine the popular immigration topics on the Internet in the past 10 days to provide you with a structured analysis of the various costs of Canadian immigration, as well as the latest policy developments.
1. Overview of Canadian Immigration Fees in 2023
| Immigration category | Application fee (Canadian dollars) | third party fees | total cost range |
|---|---|---|---|
| Skilled Immigration (EE) | Main applicant: 850 Spouse: 850 Children: 230/person | Language test: 300-400 Academic certification: 200-400 | 2,000-4,000 |
| Investment immigration | Primary applicants: 1,575 Business plan: 2,000+ | Investment amount: 200,000-2 million Audit fee: 5,000+ | 250,000-3 million |
| Study abroad and immigration | Study permit: 150 Graduation work permit: 255 | Tuition fee: 15,000-40,000/year Living expenses: 10,000-15,000/year | 150,000-300,000 (3 years) |
2. Recent hot immigration topics
1.EE fast track new policy: On July 12, the Immigration Bureau announced the resumption of lottery draws for all categories, and the latest score dropped to 485 points (a decrease of 15 points from the previous month).
2.Provincial nomination quota increased: Ontario will receive 9,750 places in 2023, an increase of 17% from last year, and the frequency of Tech Draw will be increased to once a month.
3.housing cost dispute: The average rent in Toronto reaches $2,500/month, and the Immigration Bureau plans to require new immigrants to provide proof of additional funds (current standard: $13,757 for a single).
3. Comparison of cost optimization plans
| plan | upfront investment | time period | success rate |
|---|---|---|---|
| federal skilled immigrants | lowest | 6-12 months | CRS ≥ 470 can be invited |
| Provincial Nominee+EE | medium | 12-18 months | Extra 600 points |
| employer guarantee | Highest | 24-36 months | A real job offer is required |
4. Hidden cost warning
1.Notarized translation fee: Each document that needs to be authenticated costs $50-150, and family applications usually require 10-20 documents.
2.Settlement Reserve: In addition to official requirements, it is recommended to prepare a 3-6-month living reserve fund (about $8,000-$15,000 for a single person).
3.Policy change risk: Quebec investment immigration has been suspended, and other projects may adjust application standards at any time.
5. Expert advice
1. If your language ability is improved by 1 CLB level, your EE score can be increased by 12-32 points, which saves you $50,000+ compared to purchasing an employer guarantee.
2. Prepare capital flow 6 months in advance to avoid scrutiny of large deposits.
3. Pay attention to the "targeted lottery" in each province (such as Healthcare and Tech industries). Some occupations do not require LMIA approval.
According to the latest data, Canada plans to receive 465,000 new immigrants in 2023, with economic categories accounting for 58%. With reasonable planning, the total cost of skilled immigration for a family of three can be controlled within $15,000, but attention should be paid to hidden expenses such as the waiting period for medical cards in each province (up to 3 months).
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