Should One with Monthly Earnings of INR 1 Lakh Consider Migrating to Canada for Permanent Residency?
The global strive for better opportunities and improved living conditions has led many to ponder about the viability of moving to a new country. Specifically, for individuals earning INR 1 lakh monthly in India, the allure of moving to Canada on Permanent Residency (PR) is often discussed. This article aims to probe into various factors that one should consider before making this decision.
Understanding the Global Context
It is essential to recognize that every country has its own set of challenges and problems. The notion that all countries are “fucked up” is a biased and sweeping generalization. However, the fact remains that the way most individuals around the globe function, particularly in terms of job security and earning potential, varies significantly. In Canada, the path to PR is not always smooth; many individuals struggle to secure employment even after several years of residing there.
For individuals in India earning INR 1 lakh monthly, this situation can be viewed in a different light. While it is true that growth can be gradual, there is also a potential for significant long-term benefits by investing and staying local. The argument against moving to Canada, often made, is that doing so is not a one-size-fits-all solution and should be based on thorough personal research and evaluation rather than simply following friends or societal norms.
Qualifications and Professions
The decision to migrate to Canada often hinges on one's qualifications and profession. Certain professions, such as medical nursing, may earn more in Canada compared to India. However, this does not mean that all professions will pay better in Canada. For those already happy in India, the advice is to continue their current path unless they are unsatisfied and find better prospects abroad.
Moreover, it is important to consider the financial aspect. If the individual is not able to save from their current earnings, it might make sense to either search for a higher-income job within India or migrate to Canada. To move to Canada, one needs to understand the job market and potential pay. Typically, the average pay for new migrants is CAD 60K - 70K per annum, which might not equate to the same savings initially.
Over time, both in India and Canada, one can aspire to acquire better-paying jobs and start saving. Age and professional qualifications also play a significant role in this decision. If one is in their mid-twenties and has enough time to build their career, moving to Canada may be a viable option. For those with a tech background, the job market in both countries can offer substantial opportunities.
Selecting the Right Path
For individuals considering moving to popular provinces like Toronto and Vancouver, the path to PR is highly competitive. One would need to secure a unique job or be in a profession that is highly in-demand. The provinces like New Brunswick and Saskatchewan are more favorable, offering more accessible routes to PR. Moreover, being adaptable to the climate and lifestyle differences, such as heavy snowfalls and limited Indian cuisine, can also be crucial.
If one can secure an assured salary of approximately four times their current Indian Rupee earnings, it might be worth considering the move to Canada. However, it is important to note that Canada is currently experiencing a recession, and the job market is tight, particularly for those in non-skilled labor jobs like cleaning and security. Given the supply exceeding demand, exploitation can occur.
Conclusion
Deciding whether to move to Canada with the aim of achieving permanent residency is a complex decision that requires a detailed personal assessment. It is critical to weigh the pros and cons, understand the job market, and consider one's qualifications and experience. While there are opportunities in Canada, particularly for certain professions, the current market conditions and the personal benefits must be carefully evaluated to ensure the decision leads to a better quality of life and earnings potential.
Throughout this process, thorough research, consultation with immigration experts, and careful consideration of one's individual circumstances will be critical in making an informed decision. This approach will help ensure that the move aligns with one's goals and that the decision has a positive impact on their future.