Moving to Canada appears to be the real deal of the moment. Life is Canada is beautiful and a lot of people want to experience that. However, before you make the plans of moving to Canada, there are a few things you need to do to avoid hitches. Let’s look at a few of them.
Be Debt Free And Settle Your Affairs
This is a very important factor that most people overlook. You need to settle every and anything you owe. Check your insurance policy and other utilities you subscribed to and cancel your subscriptions. Sell the things you won’t be needing or make adequate plans on how they will be managed while you are away (that is if you have the plans to return). Don’t consider the postponing cos settling money and property matters can be a tad difficult from a distance.
There is this saying; “if you fail to plan, you plan to fail”. When you plan to move to Canada, it is highly important that you find out the cost of living in Canada and plan towards it. Definitely, there is no accurate way of knowing what the cost of living will be but you get an average estimate of how it works. Ranging from average costs of rent, transport, utility bills, medical insurance, and special services. Other less important stuff can be cut down till you find your feet there.
Prepare All Essential Documents
In order to avoid delays and any form of embarrassment, it is imperative to ensure you have all your documents ready and in order. Newcomers to Canada may be allowed certain tax credits and benefits. You can file income tax returns before you have an income history. Make sure you and your spouse have a recorded history of your earnings for the two years before moving.
Set Your Priorities
This is very important. You need to make a list of your necessities. Write down to the least of things you need e.g forks, spoons e.t.c. Some of these things can eventually make you spend more if you don’t do proper planning. You mustn’t buy everything you think of. Keep it streamlined to those things you need most importantly to start your new phase of life.
Increase Your Savings
Without being told, this a very crucial time and you need to get as many savings as possible. The Canadian government requires immigrants to have a certain minimum amount of savings within six months before they are ready to migrate. You should do yourself good by reducing how you spend and save more. You should take advantage of cheaper services at the moment in your country in order to get some savings. moving to Canada doesn’t necessarily solve your money issues cos in your first few months, you’ll have a lot to do with money. Hence, you need to make sure you have good savings.