"Bear" minimum in Canada...?
Feb 26th 2007, 9:46 am
#1
Forum Regular
Thread Starter
Joined: Jan 2007
Location: North Yorkshire, England
Posts: 109
"Bear" minimum in Canada...?
Hullo,
I've been reading and learning from your posts...Tons of usefull info on here. Recently I've been researching the cost of living in Canada, property prices etc etc I came across a few posts where people mention huge amounts of cash that they will be bringing with them. We're in no position to bring a lot with us. So I'm starting to panic
My question is: what is the very bare minimum you need to take with you? I appreciate that it is hard to anticipate...We really like Alberta (Edmonton), but Ontario is our 2nd favourite. I've done quite a lot of research re Alberta, so could anyone advise on cost of living in Ontario. I've looked on www.mls.ca and some of the properties are very cheap and beautiful (cheap comparing to those in UK). We don't need a mansion for sure! The most important criteria is the location, because we have two kids, so schools are important and what the place has to offer. Any advice and piece of info on that would be fantastic!
Cheers, Monika
I've been reading and learning from your posts...Tons of usefull info on here. Recently I've been researching the cost of living in Canada, property prices etc etc I came across a few posts where people mention huge amounts of cash that they will be bringing with them. We're in no position to bring a lot with us. So I'm starting to panic
My question is: what is the very bare minimum you need to take with you? I appreciate that it is hard to anticipate...We really like Alberta (Edmonton), but Ontario is our 2nd favourite. I've done quite a lot of research re Alberta, so could anyone advise on cost of living in Ontario. I've looked on www.mls.ca and some of the properties are very cheap and beautiful (cheap comparing to those in UK). We don't need a mansion for sure! The most important criteria is the location, because we have two kids, so schools are important and what the place has to offer. Any advice and piece of info on that would be fantastic!Cheers, Monika
Feb 26th 2007, 10:25 am
#2
Seasoned Maritimer
Joined: Jun 2005
Location: Fredericton, New Brunswick CA
Posts: 8,309
Re: "Bear" minimum in Canada...?
Hullo,
I've been reading and learning from your posts...Tons of usefull info on here. Recently I've been researching the cost of living in Canada, property prices etc etc I came across a few posts where people mention huge amounts of cash that they will be bringing with them. We're in no position to bring a lot with us. So I'm starting to panic My question is: what is the very bare minimum you need to take with you? I appreciate that it is hard to anticipate...We really like Alberta (Edmonton), but Ontario is our 2nd favourite. I've done quite a lot of research re Alberta, so could anyone advise on cost of living in Ontario. I've looked on www.mls.ca and some of the properties are very cheap and beautiful (cheap comparing to those in UK). We don't need a mansion for sure! The most important criteria is the location, because we have two kids, so schools are important and what the place has to offer. Any advice and piece of info on that would be fantastic!
Cheers, Monika
I've been reading and learning from your posts...Tons of usefull info on here. Recently I've been researching the cost of living in Canada, property prices etc etc I came across a few posts where people mention huge amounts of cash that they will be bringing with them. We're in no position to bring a lot with us. So I'm starting to panic
My question is: what is the very bare minimum you need to take with you? I appreciate that it is hard to anticipate...We really like Alberta (Edmonton), but Ontario is our 2nd favourite. I've done quite a lot of research re Alberta, so could anyone advise on cost of living in Ontario. I've looked on www.mls.ca and some of the properties are very cheap and beautiful (cheap comparing to those in UK). We don't need a mansion for sure! The most important criteria is the location, because we have two kids, so schools are important and what the place has to offer. Any advice and piece of info on that would be fantastic!Cheers, Monika
Feb 26th 2007, 1:20 pm
#3
ModerĪ±tor Emeritus
Joined: Sep 2003
Location: Upstate South Carolina
Posts: 30,768
Re: "Bear" minimum in Canada...?
Well, the bare minimum is the assets cited by CIC to allow you to land.
Number of Family Members :Funds Required(in Canadian dollars)
1 $10,168
2 $12,659
3 $15,563
4 $18,895
5 $21,431
6 $24,170
7 or more $26,910
I arrived with next to nothing (no funds required for work permit), and things worked out, but I wouldnt do that with a family. There is nothing to say you have to buy a house as soon as you land, I saved for 4 years. A lot depends on the likelyhood you will start earning sooner rather than later, and your personal tollerance for risk, and how much stuff you will bring with you, so really its a "piece of string" question.
Number of Family Members :Funds Required(in Canadian dollars)
1 $10,168
2 $12,659
3 $15,563
4 $18,895
5 $21,431
6 $24,170
7 or more $26,910
I arrived with next to nothing (no funds required for work permit), and things worked out, but I wouldnt do that with a family. There is nothing to say you have to buy a house as soon as you land, I saved for 4 years. A lot depends on the likelyhood you will start earning sooner rather than later, and your personal tollerance for risk, and how much stuff you will bring with you, so really its a "piece of string" question.
Last edited by iaink; Feb 26th 2007 at 1:23 pm.
Feb 26th 2007, 4:38 pm
#4
Born again atheist
Joined: Jul 2005
Location: Europe (to be specified).
Posts: 30,259
Re: "Bear" minimum in Canada...?
You don't have to bring any with you. We have quite a lot already.
