Canada boasts of several retirement communities providing easy access to a gratifying lifestyle, healthcare, fitness resources, cultural programs, and above all, peace. Canada takes good care of retirees with a range of services, programs, and facilities exclusively for senior citizens. Expert immigration counselors can help you chalk out a plan if you wish to immigrate to Canada and enjoy an exciting retired life.
No one will want to see life’s earnings eroded by taxes. The Retirement Savings Plan (RRSP) aims at helping individuals save for the golden period of retirement by reducing tax liabilities. The plan helps save money for retirement and deducts the amount each year from the taxable income to get dual benefits. There is no age limit to qualify for RRSP. You need to be a resident of Canada from the taxation point of view and file income tax returns on your income.
Pension plans are also available for working individuals from their employers. These are suitable for saving money for retirement.
There are many plans by the government for retirees. You need to check your eligibility for the following programs:
Retiring in Canada- a step-by-step process
You must check your eligibility to meet the requirements of an immigration program before planning to settle in Canada.
Presently there are no dedicated visa plans for retirees because the focus is to inspire people to immigrate to Canada and contribute to the countrys economy. Despite the absence of specific immigration pathways for retirees, one can leverage multiple options by consulting knowledgeable immigration professionals.
Dev Immigration Services Inc offers reliable guidance for all types of immigration issues. You can choose from a broad array of immigration pathways with our assistance at every step. Call us now to know your options to immigrate and settle in Canada.
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