Posted on: 06-05-12 04:38:49
Hi,
I came to Canada in 2003 on a work permit and became a PR in 2006. Then went to US to study & work. Then moved back to India in 2009. My PR expired in 2011.
I would like to know, whether I am eligible to receive any pension/social security/other benefits since I contributed while I was working in Canada for 3 years.
Thanks
Quote:
Originally posted by PR_US
Hi,
I came to Canada in 2003 on a work permit and became a PR in 2006. Then went to US to study & work. Then moved back to India in 2009. My PR expired in 2011.
I would like to know, whether I am eligible to receive any pension/social security/other benefits since I contributed while I was working in Canada for 3 years.
Thanks
If you are canadian citizen then maybe you'll be eligible otherwise not .
No you are not eligible. What ever was, you must have received as tax credit during filing returns in those years. Rest is gone to common pool for which you need to contribute for 10 yrs at least to start getting benefits along with having valid status.
Share your experience on working and staying in India, after working and staying in Canada / US ?
I didn't receive any tax credits or anything. I should be eligible for CPP since I have contributed alongwith my wife who was also working.
As per moving back to India, it is not an easy question since there are a lot of factors that will go into whether you will be happy after moving back or not. Some of the factors are:
1) Financial situation after moving back to India.
2) Kind of job you can get here.
3) Family preferences. For ex: If your kids have attended schools in Canada for several years they will have a hard time adjusting in India unless you get them into very high end schools which would make it less painful but not painless for the kids.
4) Your mindset. Life in India is tougher compared to Canada but if you have grown up here you can probably adjust again. Some people really don't like all the traffic, red tape, bribes, poor living standard unless you are very rich, etc.
5) Why you want to move back. If it is a forced move then it will be harder to be at peace.
I never wanted to settle down in North America but most people change their thoughts after they live in NA. I was lucky to get decent education in US which was internationally recognized and I also didn't have too many financial constraints which could limit ones options. Once I took the risk of leaving everything in Canada (Good jobs for both, Citizenship, etc) and move to study in US which required huge loans, I became less risk averse. I have been experimenting setting up a venture in India and am still trying but I am happy with all the experiences.
So, decide carefully. A lot of people just always say they want to move back but it becomes difficult as time passes. And a lot of people move back to NA after moving to India since they are not able to adjust!
I hope this helps!
I am sure if you were eligible for any credits at that time and filed tax returns for those 3 years, you must have got refund component. Everybody gets it based on eligibility. Some tax credits are income bracket based which you may not have received since your family income was higher than average.
For avail of CPP , you need to be at least 65 and in Canada. Else its not refundable whenever you eject out of the system .
Thanks for you honest feedback on R2India. It makes lot of sense to open a venture in India in current times bcs of bigger consumer base and ever growing spending capacities of people. Just take care on roads as there are as many rich brats moving around with their pop's BMWs. (just saying ;-))
Though I am not convinced that it was good decision not to apply for citizenship for one these countries. I take citizenship as a qualification document, which open few more options and freedom of travel and venture out. India is always a flight away for us, same cannot be said about other countries until we have a good doc in hand.
"Though I am not convinced that it was good decision not to apply for citizenship for one these countries. I take citizenship as a qualification document, which open few more options and freedom of travel and venture out. India is always a flight away for us, same cannot be said about other countries until we have a good doc in hand."
I also thought along the same lines when I was in Canada but is it worth all the pain to get a travel document (Canadian passport)? Again, it depends how much you will benefit from it. For some people the value is high and for others including me not much.
