Stats: 3,186,853 members, 7,930,973 topics. Date: Sunday, 25 August 2024 at 01:01 PM |
Nairaland Forum / Nairaland / General / Travel / Living In Canada/Life As A Canadian Immigrant Part 2 (2290970 Views)
Living In The Uk-life Of An Immigrant (part 3) / Living In The USA - Life Of An Immigrant Part 1 / Living In The Uk-life Of An Immigrant (part 2) (2) (3) (4)
(1) (2) (3) ... (537) (538) (539) (540) (541) (542) (543) ... (729) (Reply) (Go Down)
Re: Living In Canada/Life As A Canadian Immigrant Part 2 by NaijaCanadian28: 12:48am On Feb 14, 2022 |
chigrad: You need POF for FSW but not CEC |
Re: Living In Canada/Life As A Canadian Immigrant Part 2 by finishedworks: 12:49am On Feb 14, 2022 |
affoncad: Investing is Canada is dependent on a number of factors cos returns on investments are mostly not "guaranteed" So you may want to take into consideration factors such as your risk appetite, purpose of investing, how long you want to stay invested for e.t.c This would help make an informed decision on where to put the funds So it will be better to sit with an Advisor to explore your options. I am a licensed Financial Advisor so feel free to send me a DM and we can talk more |
Re: Living In Canada/Life As A Canadian Immigrant Part 2 by NaijaCanadian28: 12:55am On Feb 14, 2022 |
affoncad:Real estate 1 Like 1 Share |
Re: Living In Canada/Life As A Canadian Immigrant Part 2 by CountVersailles(f): 12:55am On Feb 14, 2022 |
ednut1:Na 50k be money for your eye. Just one of my few accounts. I sure say your papa no get half of that
|
Re: Living In Canada/Life As A Canadian Immigrant Part 2 by CountVersailles(f): 12:56am On Feb 14, 2022 |
finishedworks:Can you explain what you mean by not "guaranteed"? As in total loss? You don't have to talk about stocks or crypto. I know those already. |
Re: Living In Canada/Life As A Canadian Immigrant Part 2 by finishedworks: 12:58am On Feb 14, 2022 |
ednut1: And also put into account Taxes, just TFSA's and investments through insurance can be tax exempt. All other investments may be subject to Taxes at one point. 1 Like 4 Shares |
Re: Living In Canada/Life As A Canadian Immigrant Part 2 by Erechi: 1:21am On Feb 14, 2022 |
Thank you for replying. But is it with PR card you used to travel? Or COPR? Because I heard if you have a pr you don’t need it , while u need for COPR and Canada visa. House34: |
Re: Living In Canada/Life As A Canadian Immigrant Part 2 by finishedworks: 1:33am On Feb 14, 2022 |
CountVersailles:Most investment that will amount to anything isn't guaranteed for example look at what is happening in the market now or what happened during covid. But historically the market will correct itself. But if you want guaranteed investments like what the banks offer, just know you will make next to nothing because the on going rate for most banks are between 0.9 to 2% depending on the bank. So your risk tolerance will determine where you put your money. So except you want to put your money in things like GIC's every investment comes a level of risk. |
Re: Living In Canada/Life As A Canadian Immigrant Part 2 by House34: 1:40am On Feb 14, 2022 |
Oga,so far u get anything canada visa or pr ...with ur copr u still get visa on ur passport so u do not need transit visa call BA to confirm Erechi: |
Re: Living In Canada/Life As A Canadian Immigrant Part 2 by ednut1(m): 2:31am On Feb 14, 2022 |
CountVersailles:keep deceiving yourself, we know ya type |
Re: Living In Canada/Life As A Canadian Immigrant Part 2 by finishedworks: 4:21am On Feb 14, 2022 |
CountVersailles:In Canada apart from real estate, main stream investments are kind of limited to stuff like bonds, stocks, ETFs ,segregated funds, mutual funds etc your risk tolerance should determine where that money goes. What I mean by not guaranteed is no one can tell you for certain how well an investment will do but for investment like segregated funds, the company can give a minimum guarantee on maturity so not total loss 2 Likes 2 Shares |
Re: Living In Canada/Life As A Canadian Immigrant Part 2 by CountVersailles(f): 5:37am On Feb 14, 2022 |
finishedworks:I'm just learning about segregated funds. I'll look into this. |
Re: Living In Canada/Life As A Canadian Immigrant Part 2 by finishedworks: 5:52am On Feb 14, 2022 |
CountVersailles: Nice, information is key in this life. For anyone willing to look at different options, please feel free to reach out. |
Re: Living In Canada/Life As A Canadian Immigrant Part 2 by yeldey: 1:51pm On Feb 15, 2022 |
captainmichaelo: Please can you elaborate on this precon investment. 2 Likes |
Re: Living In Canada/Life As A Canadian Immigrant Part 2 by QSola: 2:38pm On Feb 15, 2022 |
affoncad: Your best bet is investing in real estate. Look for a precon and you can sell before closing but the challenging aspect is getting an appointment for precons in Ontario (Precons are preconstruction houses or something we call offplan houses in Naija) 1 Like 2 Shares |
Re: Living In Canada/Life As A Canadian Immigrant Part 2 by Alchemist01: 7:27pm On Feb 15, 2022 |
Hello Guys, For people based in Canada, what is the easiest way to send money from your Nigerian bank account to your Canadian bank account and from your Canadian bank account to your Nigerian bank account with ease and reasonable transaction charge?? I use Scotia Bank. 1 Like |
Re: Living In Canada/Life As A Canadian Immigrant Part 2 by seunpinky(m): 8:36pm On Feb 15, 2022 |
Alchemist01: Most people make use of peer2peer transactions. Join various Nigerian WhatsApp groups and trade your currency Or use apps like Lemonade. 3 Likes 3 Shares |
Re: Living In Canada/Life As A Canadian Immigrant Part 2 by keleto(m): 10:45pm On Feb 15, 2022 |
Pls for those who have used Ethiopian Air when traveling to Canada,pls what's the experience traveling with Ethiopian air |
Re: Living In Canada/Life As A Canadian Immigrant Part 2 by maziude: 1:45pm On Feb 16, 2022 |
keleto: Someone I know did. No issues whatsoever and it is her first time of travelling. |
Re: Living In Canada/Life As A Canadian Immigrant Part 2 by ednut1(m): 2:14pm On Feb 16, 2022 |
![]() keleto:koko is to reach Canada. Leave all this experience things alone 16 Likes |
Re: Living In Canada/Life As A Canadian Immigrant Part 2 by muymacho: 5:15pm On Feb 16, 2022 |
ednut1: I second the motion. |
Re: Living In Canada/Life As A Canadian Immigrant Part 2 by cntabs(m): 4:30am On Feb 17, 2022 |
Alchemist01:Download pesapeer. Great rates 2 Likes 2 Shares |
Re: Living In Canada/Life As A Canadian Immigrant Part 2 by Pee2Jay9: 4:56am On Feb 17, 2022 |
Please further break this down for another newbie.. Kindly start from first principle.. Tnx captainmichaelo: 1 Like |
Re: Living In Canada/Life As A Canadian Immigrant Part 2 by captainmichaelo: 6:20pm On Feb 17, 2022 |
Pee2Jay9: DISCLAIMER: I'm not a guru but the little I know can help alooooooot! I only know about the Ontario market sorry guys, I kinda got busy with work and couldn't follow up the thread. Anyhoo, in simple terms, a pre-construction home is a house you buy before the building is complete. It can be either a condo, semi-detached house, detached house, or townhouse. A house model will give you an insight into what the home will look like upon completion (google.com). so, the house hasn't been built yet most times, u just see the floor plan and probably a model home and u get to adjust or design it to your own taste. steps: *we get a builder, depending on your location builders are all over the place (say Tarion homes/ Vista/mattamy/matrix homes etc) *they show you floor plans, previous developments, inform u about when its gonna close, say 2023/2026. it depends. etc *they tell you the amount for the downpayment (used to be a little fraction of the estimated house cost, say 70k upfront for a house projected to be 500k). *builder gives you the documents, you sign and they also sign, and u keep your docs and wait till closing at the time given. At this point, the house is still not fully yours. NOTE THAT: 95% of times, in all of these, the banks are not yet involved, no credit checks, u just give them the money, they give you the documents and both parties sign away. as a new immigrant, you obviously do not have credit yet, and still looking for a stable job, but at least you are sure that you will be more settled than you are in the next year to come. that way, u have your credit profile, good job, paystubs, finished probation, etc, all of which are needed to approve the mortgage at the time of[b] closing...[/b] The “closing” is the last step in buying and financing a home. The "closing,” also called “settlement,” is when you and all the other parties in a mortgage loan transaction sign the necessary documents. that, in this case, will be the builder, the buyer, and the bank who will give and approve the funding. Anyhoo, while all of this is going on, equity is building too...e.g. the amount you paid for a precon in 2022 is 500k, at the time of closing in 2024 property will have gained probably 100k or more (guaranteed) as long as its in Ontario and the market remains as is. plus the plenty advantages of living in a new house designed to your taste. might not be everything u want but u know, the main way of saving in Canada is real estate really. plus, the market is ridiculous atm, anyway, i hope i tried explaining. if u look at the pictures i attached, how can anyone save those amounts? 14 Likes 7 Shares
|
Re: Living In Canada/Life As A Canadian Immigrant Part 2 by Kyrie2018: 7:30pm On Feb 17, 2022 |
Please indicate while buying the ticket that she needs a wheelchair. With that, she will have someone to assist her with all check-in and transfer processes. And you don't have to explain why she needs a wheelchair. adelolo: 3 Likes 2 Shares |
Re: Living In Canada/Life As A Canadian Immigrant Part 2 by Daewoods(m): 8:05pm On Feb 17, 2022 |
Re: Living In Canada/Life As A Canadian Immigrant Part 2 by onyexx: 8:25pm On Feb 17, 2022 |
Please for people with families that have landed…say family of 4 with up to 7 luggage’s for example, do you order like 2 or 3 ubers to take you to the Airbnb or are there big vans used as Uber that we can order on arrival? We are arriving next week..:thanks 1 Like |
Re: Living In Canada/Life As A Canadian Immigrant Part 2 by Blackbuddy: 8:32pm On Feb 17, 2022 |
onyexx: If you don't have family and friends here to pick you up then you can order 2 SUVs via Uber, that should be sufficient. |
Re: Living In Canada/Life As A Canadian Immigrant Part 2 by Wintersoldier: 9:06pm On Feb 17, 2022 |
Which city are you landing? |
Re: Living In Canada/Life As A Canadian Immigrant Part 2 by Alchemist01: 12:43am On Feb 18, 2022 |
Re: Living In Canada/Life As A Canadian Immigrant Part 2 by Daewoods(m): 12:53am On Feb 18, 2022 |
1 Like |
Re: Living In Canada/Life As A Canadian Immigrant Part 2 by 19CannyMum: 2:28am On Feb 18, 2022 |
onyexx: One Uber XL should be enough. 2 Likes |
(1) (2) (3) ... (537) (538) (539) (540) (541) (542) (543) ... (729) (Reply)
Canada Visit/tourist Visa Discussion. / Canadian Express Entry/federal Skilled Workers Program Connect Here
Viewing this topic: 1 guest(s)
(Go Up)
Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 60 |