Canada is the second safest country in the world and one of the best for people to spend their retirement. You and your family can enjoy a peaceful abode in the great white north. However, immigrating to Canada with a Canada residency by investment is much better for social security than on a temporary basis.
If you want a permanent residence in Canada faster than the normal express entry or provincial nominee program, then a Canada investment visa is your best option.
Within 24-36 months, you and your family can get Canada PR by investment. The investment starts at just CAD 200,000 in the Greater Toronto Area.
Canada residency by investment: Retirement benefits
You might know about the benefits of achieving a permanent residency in Canada. However, if you are considering Canada as Plan B after retirement, then you are in luck. Canada social security benefits for retired residents and elders are some of the best in the world.
Here are a few social security and retirement benefits that you get with the Canada investment visa once you become a permanent resident –
Canada pension plan
One of the best pension plans in the world, you can get the benefits of the Canada Pension Plans starting at the age of 59 years. You can apply for the plan 9 months before you retire. The good thing with Canada residency by investment is, you’ll be eligible to receive monthly payments for a pension from the government. It could be excellent savings for you if there is already a recurring income from your existing business.
The government and public entities fund Canada’s healthcare system. Being one of the best healthcare systems in the world, one would expect it to be expensive. However, when you become a resident with the Canada PR by investment program and retire, you become eligible for universal healthcare benefits. Once you become a permanent residence, healthcare access is really inexpensive for you and your family.
Old age security pension (OAS)
The OAS is a fantastic pension scheme for Canadian residents. If you are 50-55 years of age and move to Canada now with the Canada investment visa, you’ll become eligible for OAS pension when you reach the age of 65. You can get your pension straight in your bank account after that age. You are only eligible to receive this pension as a resident and not just a temporary immigrant under the work visa.
Friendly community and culture
Another benefit of moving with the Canada residency by investment is that you get to live in one of the most friendly communities of the world. Canada is known for its safe and secure neighbourhoods, along with a diverse cultural community. You can live a laid back life with retirees from all cultures of the world. There are recreational centers where retired people can enjoy their entire day mingling with people from all walks of life.
Closer to the US
There’s a high chance that if you get a Canada investor visa, your children would likely to be studying the US or Canada. It enables you to stay closer to them after retirement. Also, Canadian residents have easy access to the US. You can drive there or catch a train and visit the US. It means that you don’t have to pay high-fare for airlines and can easily visit relatives in the US. You can easily cross the US border and take a visit to the states whenever you want.
Get Canada PR by investment and enjoy your retirement
Canada social security benefits and retirement plans provide an excellent opportunity for you to save and live peacefully in the country. You can live in any of the top provinces like Montreal, Alberta, British Columbia, and many more.
Our team at My Global Citizenship™ assists you in quickly getting a Canada residency by investment without any hassle. We take care of everything – from initiation to document processing so that you can sit back and relax. Contact us today to get an online consultation.