Express Entry: Canadian Immigration

Express Entry: Canadian Immigration Guide 2022-2023

Moving to another country can be very challenging and daunting, but with the right guide; you can obtain your Canadian visa and make your move without much stress. There are a few tips to note, like what type of visa to choose, understanding how the Canadian immigration system works, and also how job roles are accessed.

This part is what makes it a challenge for most people. In this article, we would be outlining everything you need to know about Canadian immigration and how to go about it. There has definitely been an upward trend in the number of immigrants moving to Canada each year.

The value has increased from 271,847 in 2015 to 341,180 in 2019. This increase can be related to the attractiveness of Canada as a country and its perky when it comes to living and working. And also the result of policies enacted by the government to attract more foreign workers to help fill thousands of Canadian job openings.

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Canada has also been known to be open to all immigrants for the past decade, and more and more foreign nationals are coming into the country ranging from students to business owners/entrepreneurs to investors to fill up new job roles in the country due to its growing economy.

Canada’s Current Market Growth

According to the Conference Board, there has been a forecast of an increase of 5.8% GDP growth of the economy during 2021 and this year has seen a whopping 4% GDP increase already. This has shown the highest rate of increase in the last 14 years of the Canadian Economy.

This is just the start of it as research predicts that there would be an expansion over the next two years with consumers’ high demand and strong spending.

From 2022 to 2024, Canada will welcome over 1.3 million new immigrants. This means you have the opportunity of getting in on this, and make a move to Canada.

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How to Immigrate to Canada in 2022

How you would be able to immigrate to Canada would depend on your profile and mode of approach. With the growing amount of immigrants trooping into Canada, this is the best time to start your immigration journey.

It is important to understand that there is no simple way to move to Canada. Some approaches might be easier for you but at the same time take longer to execute and cheaper, while some might be much harder and expensive but faster.

In this section, we would be diving into the various approaches you can take to immigrating to Canada:

Express Entry

Express Entry is known as Canada’s popular immigration approach. Immigrants that apply through the Express Entry program can receive permanent residence status within 6 months. There are 3 main programs of immigration under the express entry approach which are listed below:

  • Federal Skilled Worker (FSW)
  • Canadian Experience Class (CEC)
  • Federal Skilled Trades (FST)

Canada has planned to invite over 200,000 newcomers through the above immigration programs. The express entry system would require you to submit your profile online which would be graded by Canada’s Comprehensive Ranking System (CRS).

In order to do this, you must be eligible to apply for an Express Entry System and the highest ranking applicants would be offered the opportunity to apply for a permanent residency. The one drawback of this approach is that it can be a little challenging to pass the CRS cut-off point.

The average cost of immigrating to Canada through Express Entry is about $2,300 CAD for one applicant and about $4,000 for a couple excluding settlement funds.

Business Immigration

If you are a business owner or an entrepreneur, the easiest way to immigrate to Canada would be through the federal business immigration program. This program is organized by the Canadian government to help business owners immigrate to Canada.

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They structure it so that immigrants can set up their businesses and become self-employed and possibly provide jobs for people right there in the country. A business immigration program requires a significant amount of investment in the company you want to start up in Canada. The amount required varies according to the type of program you are interested in.

Sponsorships

Sponsorships are a way for Canadian citizens to sponsor their relatives or employees to immigrate to Canada. If you have a Canadian family member who is qualified to sponsor you meaning they have a permanent residency in Canada, then this is likely an easy way to immigrate to Canada.

Canada plans to welcome over 100,000 new permanent residents through the family sponsorship program. If you have a Canadian permanent resident relative then you are eligible for family sponsorship.

What the family has to do is submit your profile to the Canadian Resident office for approval, once approved; you can begin your immigration process. The average cost for family sponsorship is about $1,135 CAD which could incur other expenses like processing and traveling fees.

Provincial Nominee Programs (PNP)

In Canada, there are provinces that have nominated immigrants for a Canadian Permanent residency, and this year Canada plans to welcome over 80,000 new immigrants through the PNP.

Canada has about 10 provinces that are offering these programs and each PNP has its own requirements and eligibility criteria. The average cost of immigrating to Canada using the PNP is about $1,500 CAD aside from processing fees. While some PNP don’t charge processing fees, some other PNP does.

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