₦airaland Forum

Maydaygirl:
It's almost 50% of monthly income. It's absurd spending that on rent alone.

Having moved here a few years ago, I have seen rents go up a lot but one good thing is most provinces have rent control. So once you start renting a place it can only go up by a set (usual low) percentage each year. More on renting a house and rent control here: https://www.canadafornewbies.com/how-to-rent-a-house-in-canada/

Yes it's definitely still worth you applying. If you meet all the requirements, then being in your 40s isn't a deal breaker. You will have an especially good chance if you meet the requirements for one of the categories in the new category based Express Entry draws which will probably start later this summer: https://www.canadafornewbies.com/category-based-express-entry-draws/

There's definitely no harm in getting your profile into the Express Entry pool, then when the first category draw happens you'll know more.

Deltayankeeboi:
Good morning house. Please for someone who meets other requirements(masters degree, work experience) for this new category based express entry but is in the 40’s. Is it advisable to apply for the express entry considering the age factor?

Maggiespecial:
Hello good day and happy Sunday
Please I want to ask

If you want to buy a house in Canada (Mortgage)
How many percentage is the down payment if you are new and don't have any credit score yet

If you have no credit score, or a very low credit score, you're going to struggle to get a mortgage. And if you do it won't be at a competitive rate. You can build your credit score pretty quickly however. Might be worth trying to build a decent score before applying for a mortgage. Some advice here on how to do it: https://www.canadafornewbies.com/how-to-improve-credit-score-canada/

I think your question has been mostly answered but I wanted to add that there are some things you can do to improve your credit score more quickly. Always take the maximum credit limit the card company will give you and apply for higher limits whenever you can. Try and keep the amount of credit you use to about a third of your total available, even if this means you have to pay off the card more than once a month. Use your credit card for everything you can including recurring bills like electricity, TV, internet etc. I'm new to Canada and my credit score increased to a good level just from using credit cards (I don't have any loans). There's some good information on credit scores here:https://www.canadafornewbies.com/best-credit-cards-for-newcomers-to-canada/.

Pee2Jay9:
Hello all. Please can a good credit score be achieved from just using credit cards to buy groceries and pay phone bills? Can someone achieve a good score for house mortgage without having to do car loan on credit first?

Donpaper:
I think we should all wait till February 8, no need of panicking. Canada also won't want to lose Skilled workers, because if People lose interest in their country, other countries may rise up and divert the attention of immigrants from Canada and I don't think Canada with less than 40 million population and a big land mass will want to miss the opportunity of being the top destination for immigrants globally. So everyone, let's relax, next FSW draw can even start from CRS 471

Agreed that we should know a lot more when Canada publishes its updated Immigration Levels Plan by February 14th. The immigration minister has said that they are still finalising their Express Entry Strategy for 2022. And that they won't be cancelling and refunding any applications already submitted. But the internal IRCC memo means it doesn't look promising that draws will resume before July 2022. Source: https://www.canadafornewbies.com/when-will-fsw-draws-resume/

Yep, I got my job through Indeed. And I've hired people who have applied through Indeed.

It's used a lot here in Canada and I think generally it's the number 1 jobs site in the world.

Obviously finding a potential through Indeed is only the first step. If you need help with Canadian style job interviews this article is good: https://www.canadafornewbies.com/interview-questions/

If you're looking to transfer often then an online currency transfer specialist I think is your best bet - like Wise. But if you're looking to move very large sums of money that might not be the cheapest - for that you'd probably want to use a foreign exchange broker. There's a good overview article here that covers the various options and what to look out for: https://www.canadafornewbies.com/cheapest-way-to-send-money-overseas/

oty1993:
Omo!! with the way they has only been pnp and cec draw this year, will express entry cutoff increase or is 468 still safe What do you guys estimate

Although 468 was the cutoff score for the last all programs draw of 2020 it is somewhat low. The average cut off score for the last 5 all-programs draw is 471. But you might be lucky and get another draw that dips down. And in 2019 the cut off scores were consistently lower than 468.

Got the moving average data and historic draws from here: https://www.canadafornewbies.com/express-entry-canada-draw/