55 And over apartments?
The "no kids" is not a universal rule. Some places allow "children" over the age of 16, and generally just one spouse needs to be 55+. Not both. This is for 55+ communities that are not subsidized in any way.
Is 3,000 CAD per month enough for a single person to live in Canada?
5. Vancouver, Canada — The city is among Canada's densest, most ethnically diverse cities, with 52% of its population having a first language that is not English….MandarinREUTERS/Andy ClarkYes it should depending of where you intend to live.Vancouver Canada housing and rentals are the highest as Toronto. Food , cars, taxes, restaurants , are quite similar all over Canada in reference of cost of living plus or minus 10%.Here is a comparative index of Canadian cities versus other cities world wide.53rd Toronto (Canada) 17157th Vancouver (Canada) 16992nd Calgary (Canada) 154108th Ottawa (Canada) 149137th Winnipeg (Canada) 141164th Montreal (Canada) 134147th Halifax (Canada) 138177th London, Ontario (Canada) 127188th Kitchener-Waterloo (Canada) 124236th Prague (Czech Republic) 100331st Kolkata (India) 61332nd Antalya (Turkey) 61333rd Bursa (Turkey) 61334th Madras (India) 61335th Rosario (Argentina)60336th Lviv (Ukraine) 60337th Kharkiv (Ukraine) 58338th Vadodara (India) 55Cost of Living IndexTo calculate each city's Price Index value, we start by assigning a value of 100 to a central reference city (that happens to be Prague). Once the reference point has been established, the Price Index value of every other city in the database is calculated by comparing their cost of living to the cost of living in Prague.Therefore, if a city has a Price Index of 171, like Toronto that means that living there is 71% more expensive than living in elsewhere at 100 index bench mark reference.As you can see Vancouver and Toronto are the most expensive in CanadaCost of Living Index. Updated Jul 2018
Is it better to move to Canada as a Permanent Resident instead of staying in US on H1B?
I took this route and I’m very happy with my choice. Toronto is a great city and I love having all the peace of mind and freedoms that come with PR. I’ve spent a years on work visa’s in Singapore and the US. As for lower salaries, etc its hard to compare tax rates are lower in Toronto then in US+California also you get so much more back in terms of healthcare, great schools, parks, safety, a very positive government and a young and fast growing tech scene. In terms of the tech scene Toronto has companies like Google, Slack, Shopify, Wattpad, Ecobee and so many more. And you are always free to launch your own startup.I wrote about my experience the move and how to get Canadian PR here on the MovNorth siteI love having the freedom of PR and living in this city. After so many years it’s amazing to know that I’m free to change jobs easily, build my own startup or take a break from working. No more stamping, restrictions and visa paperwork. Our kids love being surrounded by so many parks filled with their friends. The neighborhood school is amazing and my kid will be starting the french immersion program this year. Me and my wife love our week long trips to Montreal and the food choices around here are pretty great. Also 2 year super-visa’s for my parents to come and stay.And in a couple more years we’ll apply for citizenship of our new home country. I get a lot of mail from people in the valley asking about Salaries etc. I think its more important to take a pause and list your priorities and think about how you want the next 10 years of your life to be.I wrote about my experience the move and how to get Canadian PR here on the MovNorth siteMov North
Is buying a house when you are young a good idea?
InvestmentThere are a lot of people who don’t look at Real Estate as an investment vehicle and that’s one of the reasons they don’t buy a home. Buying a house or an investment property when you’re young makes a lot of sense. If you’re in your twenties there is a good chance you’re going to have roommates living with you whether you rent or you buy a home. If you rent, you pay your landlord, and his mortgage. If you buy, you can rent out rooms to friends and pay nothing, while paying off your own mortgage.AppreciationHomes move up and down in price. A house is still a great investment when you’re young. Over time it’s around 3.5% per year on average homes appreciate in Edmonton. If you’re going to buy a home you need to have a plan, run the numbers, and make sure you’re buying at a good time, and in the right neighbourhood.Forced SavingsFor those that have trouble saving or a spending problem, a home is a forced savings account. It gives you a way to save for retirement. If you buy a home for $200,000 and it appreciates 3.5% every year it will be worth $561,000.That $200,000 is now worth over half a million. It’s a great way to build wealth. For anyone who has a saving problem their home is going to be their largest asset. What I mean by that is a person’s home is going to be the largest item of value they have. From the definition of an asset and liability it’s an asset in this case, though there are definitely liabilities involved in homeownership.Build Your EquityWhen you buy real estate at a young age you’re building your own equity. Whether you choose to rent out bedrooms to roommates or live alone, you’re building the equity you have in your home. This works well with a forced savings account because when you retire you’re going to live off the equity you have built up. 8 out of every 10 millionaires have used real estate as an investment vehicle to help build their equity.
How good is a salary of $85,000 to $90,000 in Canada?
A salary of $85–$90K is above average for an individual, average for a family, and below average for a Manager in the construction industry, worker in the health industry, and workers in the Oil and Gas and mining industry. This salary puts an individual and/or small family squarely in the middle class of working Canadians.Rental Cost: August 2017 Canadian Rent ReportUnfortunately rental inflation has made it more expensive to live in Canada’s larger cities - 1 bedroom in Vancouver is now around $2000 Cad and $3200 for a two bedroom, per month and before utilities.Taxes are also a very heavy burden on Canadians, as other commentators have noted “In 2017, the average Canadian family will earn $108,674 in income and pay a total of $47,135 in taxes (43.4%)” Canadians Celebrate Tax Freedom Day on June 9, 2017If the $85–$90K salary is in addition to a good retirement benefit program or pension (such as a public service job), as well as a supplemental health care plan then you will be doing well and will live comfortably with good clothing, a newish vehicle, and the ability to have discretionary spending/saving of a few thousand dollars per month.If you have to fund your retirement and pay for dental/vision/prescription coverage out of pocket than you will still have enough money be able to cover all basic and most extras to live a comfortable life but you will be challenged to:Retire before 65Travel internationally for 10 days more than once a yearPurchase a home near Toronto or Vancouver or surrounding suburbsHave more than 2 children (unless you live in Quebec where childcare and education costs are subsidized)Have a spouse stay-at-home and not workAlso, if you live in the Northwest Territories or near Wood Buffalo Alberta, a salary below $100K is difficult to live on due to higher cost of living.