The review of economic immigration paths’ expenditures for permanent residency in 2024 provides insight into the financial costs related to getting permanent status in Canada.
The review of economic immigration paths’ expenditures for permanent residency in 2024 provides insight into the financial costs related to getting permanent status in Canada. It includes a range of fees and costs that applicants must take into account while organizing their immigration process.
The application processing fee is one of the main expenses, and it varies based on the applicant’s particular immigration program of choice. The Federal Skilled Worker Program (FSWP), the Canadian Experience Class (CEC), and the Federal Skilled Trades Program (FSTP) are a few examples of these programs. Every program has different prerequisites and associated processing costs.
Upon approval of their application, applicants must pay the Right of Permanent Residence charge (RPRF) in addition to the application processing charge. This cost, which is presently set at $500 CAD per person, is essential for all candidates who are accepted.
Additionally, candidates must consent to the collecting of their biometric data, which costs CAD $85 per individual. For the majority of immigration petitions, biometrics collecting is a common step that aids in applicant identification verification.
Provincial Nominee Programs (PNPs) applicants may be required to pay extra fees set by the various provinces. Depending on the province of nomination and the particular nomination scheme, these costs may change.
In general, applicants should factor in these different costs and levies while organizing their Canadian immigration procedure. Applicants can prepare more effectively and prevent unpleasant shocks throughout the application process by being clear about the financial needs.