FSW WORLDWIDE

[PRANIT01]

No because my immigration agent has access and they told me they will let me know when they hear an update. Also I haven't applied for GCMS notes. I am hearing they are kind of useless?

Gcms might be useless but will give an idea of where you are mostly your application might be aproved just awaiting ppr .

 

[GandiBaat]

Yeah but a house can become pension plan / retirement plan only if they are able to sell it off and move to a lower cost of living place.

Down sizing... empty nesters... real estate agencies use these words way too often.

 

[cansha]

Down sizing... empty nesters... real estate agencies use these words way too often.

Even townhouses way outside GTA are being sold for 1.1M. The cost differential between townhouses and detached houses isn't enough to retire even after downsizing at least at current prices. So after selling a house a person may get 1.5-1.7M excluding transaction costs. IF they downsize and buy a condo the condo fees are too high to sustain. I think people who are banking on houses to be their nest egg or pension plan may get some shocks when the time comes.

A more responsible approach is to be not house poor and not end up paying everything in house mortgage. And use some savings to invest elsewhere.

 

[GandiBaat]

Even townhouses way outside GTA are being sold for 1.1M. The cost differential between townhouses and detached houses isn't enough to retire even after downsizing at least at current prices. So after selling a house a person may get 1.5-1.7M excluding transaction costs. IF they downsize and buy a condo the condo fees are too high to sustain. I think people who are banking on houses to be their nest egg or pension plan may get some shocks when the time comes.

A more responsible approach is to be not house poor and not end up paying everything in house mortgage. And use some savings to invest elsewhere.

If you sell your house for 1.5-1.7 million dollars, you can retire to a 1 bedroom apartment (costing 500-600) and keep 1 million as retirement funds.

For 2 people a bedroom apartment is enough.

 

[RSub]

Will changing country of residence affect processing, I am moving back to India because of visa expiration.

Your VO will only change. My friend moved to India after applying for PR from US. He is in India since May 2021. He was asked to give new PCC and Medicals. He gave it before Christmas 2021. Waiting for his PPR. His AOR is Sep 2020.

 

[slavicgirl]

Hi guys do you know any good groups or forums where I can find details about Australian immigration? I am kind of confused with the whole point system/ state nomination thing..thanks

 

[seadrag0n]

Even townhouses way outside GTA are being sold for 1.1M. The cost differential between townhouses and detached houses isn't enough to retire even after downsizing at least at current prices. So after selling a house a person may get 1.5-1.7M excluding transaction costs. IF they downsize and buy a condo the condo fees are too high to sustain. I think people who are banking on houses to be their nest egg or pension plan may get some shocks when the time comes.

A more responsible approach is to be not house poor and not end up paying everything in house mortgage. And use some savings to invest elsewhere.

How about the government makes big policy changes and allows building of a lot of new homes? I guess lobbying will never allow this to happen.

 

[PRANIT01]

Your VO will only change. My friend moved to India after applying for PR from US. He is in India since May 2021. He was asked to give new PCC and Medicals. He gave it before Christmas 2021. Waiting for his PPR. His AOR is Sep 2020.

Was it a remedical or he was asked to do medical before expiration of medicals.if it is a remed I am really surprised because I have not heard anyone talking about sep 2020 aor.

 

[wonderbly]

Still does not make sense why you processing is still on. It looks IRCC is not managing work by closing easy wins first.

Why do you think my application is an easy win?

 

[wonderbly]

How did they contact your employer? By email or by phone call?

Email.

 

[Impatient Dankaroo]

How about the government makes big policy changes and allows building of a lot of new homes? I guess lobbying will never allow this to happen.

I have been following this closely and demand is exceeding supply in every major city by ALOT. Keep in mind more and more people are entering. There are no plans or enforcement of new homes being built. And even if something changes, this change probably won't be felt 10-20 years down the line. So option 1) move to a cheap city/town 2) Have enough cash, 150-200k household income and take out mortgages

 

[wonderbly]

Changing COR has not bearing on processing of application and no you are not required to submit new PCC or FBI clearance etc. the status of your application gets locked at the date of your AOR. Just like if your IELTS expire after your AOR you are required to take another IELTS; you are not required to provide any PCC.

Whether to inform IRCC on the address change or not depends on you. Many people update the address once they get PPR and just ask IRCC to let them allow to submit passport in LVO in whatever country they are staying at that time.

However, if you get married do update that information with IRCC and they will add your spouse to your existing application.

Not true. I moved to Canada on study permit after I submitted my e-APR. IRCC requested another PCC from my previous country of residence, right after MEP.

 

[cansha]

I have been following this closely and demand is exceeding supply in every major city by ALOT. Keep in mind more and more people are entering. There are no plans or enforcement of new homes being built. And even if something changes, this change probably won't be felt 10-20 years down the line. So option 1) move to a cheap city/town 2) Have enough cash, 150-200k household income and take out mortgages

Also, people are no so invested in this game that most new construction houses are also being booked by people who already have multiple homes. And people flip those even before taking possession. Real Estate buying is not driven by housing needs in GTA. People have made it to some kind of a game.

 

[hlujkpgmfj345]

I was semi-right about FSW. It was last summer when I predicted CEC would be ded around Sept, but I also incorrectly expected FSW would be back shortly after. So I'm not guessing anything about FSW again since I was horribly wrong. What I'm seeing is Canada dropped outland immigration in practice while it still theoretically exists. For those who were already planning on getting a Canadian degree will be the biggest winners since they now don't have to wait for 1 year Canadian exp.

BUT ALSO

Remember those 12 month useless ass MEng degrees that nobody wanted to pay for since PGWP wouldn't be long enough for CEC? Or even the 8 month silly programs whose degrees are as useful as toilet paper? THOSE NOW LEAD YOU STRAIGHT TO PR BECAUSE NO NEED FOR 1 YEAR CANADIAN EXP ANYMORE.

Fellas with enough money might consider. It's actually good news.

Where did you read that the 1 year of Canadian Exp will no longer be required ?

 

[RSub]

Was it a remedical or he was asked to do medical before expiration of medicals.if it is a remed I am really surprised because I have not heard anyone talking about sep 2020 aor.

Not sure about that. I can ask. His medicals expired in Aug 2021. Also, lot of folks in the later part of 2020 was asked to do remeds.