desi gulfi wonders if canada is better than Desh

Jump to Page:
< Previous [ 1 ] [ 2 ] [ 3 ] Next >

newboyo
Member since: Nov 05

Posts: 253
Location: TO
Post ID: #PID

Posted on: 28-02-06 07:37:33

Dear All,

I am a gulfi with life savings of abt a million US and a PR card.

Just wondering what sort of lifestyle will I be able to afford in (say) London or Kitchner i.e one of the smaller University towns? I wouldn't like to work but am open to investing in rental properties or other such opportunities.

All opinions would be received gratefully.

Cheers to all,

New

lana2005
Member since: Feb 06

Posts: 545
Location: Toronto
Post ID: #PID

Posted on: 28-02-06 10:50:46

Will depend on many things like:

1) Can you stay home doing nothing?
2) what is your current lifestyle?
3) How much money would you need every month to maintain that lifestyle?
4) Can your investments provide you that much income?
5) What is the risks with the investments?

Yes you will get one advantage of migrating to canada is that at the age 65 you will get pension provided you have stayed in the country for 10 yrs.

NorthAlberta
Member since: Jul 04

Posts: 195
Location: Beef and Bacon Country
Post ID: #PID

Posted on: 28-02-06 11:25:15

With that kind of money why would you come to Freezing Canada just buy yourself a Green card or gp to warm Austrlia

-----------------------------------------------------------------
"Ever dance with the devil in the pale moon light?"
"I always ask that of all my prey."
"I just like the sound of it."

lana2005
Member since: Feb 06

Posts: 545
Location: Toronto
Post ID: #PID

Posted on: 28-02-06 11:40:53

Quote:
Orginally posted by NorthAlberta

With that kind of money why would you come to Freezing Canada just buy yourself a Green card or gp to warm Austrlia

Why should you bother about cold when you have that much money? You can go to India for winter months and have best of both the worlds. You spend time in India with your extended family. When it is warmer here, you can spend time in Canada.

desi in ottawa
Member since: May 04

Posts: 1627
Location:
Post ID: #PID

Posted on: 28-02-06 12:03:32

Quote:
Orginally posted by lana2005

Yes you will get one advantage of migrating to canada is that at the age 65 you will get pension provided you have stayed in the country for 10 yrs.

Whichpension are u talking abt?

tamilkuravan
Member since: Jun 05

Posts: 5775
Location: God's own country
Post ID: #PID

Posted on: 28-02-06 12:16:45

Hi!
She is talking about OAS-Old Age Security.
TK
Sidenote : If that person is a citizen and then resides in the Gulf, Iran, Iraq etc..., then the CIC had no means of finding out how long that person was outside the country. Canada does not stamp the exit date and the gulf country of arrival stamps the date in the Arabic language and the CIC at this point of time can in no way determine the duration of the stay. An Iranian friend of mine, used this to gain valuable time for citizenship whhile he was out of the country (but this was before the PR card was introduced).

-----------------------------------------------------------------
I am a Gents and not a Ladies.

lana2005
Member since: Feb 06

Posts: 545
Location: Toronto
Post ID: #PID

Posted on: 28-02-06 12:31:33

Does anybody know how much old age security benefits other than Canada Pension Plan one gets?

Contributors: tamilkuravan(5) newboyo(4) lana2005(4) pratickm(3) morning_rain(2) Iceberg(1) NorthAlberta(1) desi in ottawa(1)

Jump to Page: < Previous [ 1 ] [ 2 ] [ 3 ] Next >

Show Printable version

Send this page to a friend

Add to favorites

Discussions similar to: desi gulfi wonders if canada is better than Desh
	Topic	Forum	Views	Replies
	Sticky: Old Doordarshan Serials ! Your Pick ? ( 1 2 3 ... Last )	Filmi Gupshup	195184	193
	Getting Ready-Before you Leave For Canada ( 1 2 )	Moving Soon	4993	11
	Understanding Canadian Tax	Accounting and Taxation	2149	1
	You Might Be a Desi If............... ( 1 2 3 ... Last )	Life	9545	54
	Non Cooperation Movement ! in Canada ( 1 2 3 4 )	Life	5957	24
	Top Eight Reasons NOT to immigrate to Canada ** ( 1 2 3 ... Last )	Jobs	65042	324
	It's a Flat World, After All	News and Events	1848	0
	New Immigrant To Canada, Is Calling It Quits! ( 1 2 3 )	Life	6601	15
	Top Eight Reasons NOT to immigrate to Canada ( 1 2 3 4 )	Moving Soon	9127	27
	Driving school/instructor in mississauga and G1/G2 road test tips? ( 1 2 )	Driving	9282	11
	Interesting Article About Canada	General	2213	1
	desi gulfi wonders if canada is better than Desh ( 1 2 3 )	Business	5634	20
	Think Big + Indian Style = Reliancestan != INDIA # 1	Our Native Country!	1729	1
	Sticky: FINALLY international students can work off-campus ( 1 2 3 )	Study	34248	17
	Mukesh Ambanis Blue Print for Reliance in SEZ & Retail - India #1	Our Native Country!	1848	0
	Leaving Canada behind	Life	2234	1
	Social Darwinism-Survival of the Fittest & Trickle-down Economics ( 1 2 3 ... Last )	News and Events	38918	229
	Lease agreement- Problem at the end of lease ( 1 2 3 )	Real Estate & Mortgages	9129	20
	Long-term economic outlook of USA and beyond ( 1 2 3 ... Last )	USA	23960	82
	Dark Side of Dubai !	General	3608	4
	The Best Answers to Tough Interview Questions ( 1 2 3 4 )	Jobs	10355	24
	George Brown College-Post graduation in Busines Management ( 1 2 3 )	Student Visa	7133	14
	Is university worth it ?	Study	2787	1
	TN Visa to Green Card ( 1 2 3 4 5 )	USA	9394	31
	WHODATHUNKIT ( 1 2 3 )	General	9109	17

Charcha

desi gulfi wonders if canada is better than Desh

Discussions similar to: desi gulfi wonders if canada is better than Desh