FSW WORLDWIDE

[RSub]

Hi guys do you think I can get ITA with 530 CRS points when the FSW draw resumes? By the way “IF” it ever resumes.

No. You will not.

 

[dankboi]

Hi guys do you think I can get ITA with 530 CRS points when the FSW draw resumes? By the way “IF” it ever resumes.

 

[Sharlegail]

That's generalized data. Ignore that. But my personal experience is that in Detroit, you can get a house under 150k (3bd 2 bath) in a decent neighborhood. You can afford with a 60k annual income. for a single person. A family with 1 kid may need an 80k annual income to afford this house. But in most US cities, houses are available for a wide range of income groups.

Sounds so unbelievable. Here in Moscow for 150k you can barely afford studio condo and average annual income is 10k$ (AT). Just imagine most of my comrades work their whole life to afford just 1 room to retire on state pension afterwards. I am curious is it better in other 3rd world countries. Compared to this equation Canadian real estate market is heavens

 

[Impatient Dankaroo]

Won't you be required to pay taxes in both countries, though?

Depends. If the company you work for has a Canadian office, you can get paid through that but the US salary agreed. That's what one of my friends did

Sounds so unbelievable. Here in Moscow for 150k you can barely afford studio condo and average annual income is 10k$ (AT). Just imagine most of my comrades work their whole life to afford just 1 room to retire on state pension afterwards. I am curious is it better in other 3rd world countries. Compared to this equation Canadian real estate market is heavens

Dude, don't say that, it goes against my narrative here that Canada has a terrible housing market

 

[cef09]

Won't you be required to pay taxes in both countries, though?

No, you’ll only be obligated to pay taxes where you are deemed a tax resident.

 

[wonderbly]

Hi guys do you think I can get ITA with 530 CRS points when the FSW draw resumes? By the way “IF” it ever resumes.

No. You will not.

Don't be like that @RSub .

@Vonput yes most likely will. If it eventually resumes. If you however do have other options, now is the time to go for it.

 

[seadrag0n]

Dude, don't say that, it goes against my narrative here that Canada has a terrible housing market

If you don't mind becoming a mortgage slave for life, then yes Canada's housing market is not terrible and from what I understand, either both spouses need to work or you need to have a big chunk of savings upfront to even qualify to become a mortgage slave.

 

[RSub]

No, you’ll only be obligated to pay taxes where you are deemed a tax resident.

The US company needs to have a business license in Canada for you to work remotely. Even if there is no presence, companies can "buy" business licenses and employ you in Canada.

 

[seadrag0n]

The US company needs to have a business license in Canada for you to work remotely. Even if there is no presence, companies can "buy" business licenses and employ you in Canada.

Aren't there payroll companies to do this? Like how contract jobs work.

 

[RSub]

Aren't there payroll companies to do this? Like how contract jobs work.

Not sure about that, but heard its easy to get a business license for this kind of remote job.

 

[Vonput]

There should be an Express entry draw tomorrow right?

 

[Sharlegail]

If you don't mind becoming a mortgage slave for life, then yes Canada's housing market is not terrible and from what I understand, either both spouses need to work or you need to have a big chunk of savings upfront to even qualify to become a mortgage slave.

Being mortgage slave for real estate with prices rising higher than inflation rate on long term horizon is not that bad. The major problem are rates. Sadly you can not fix them for more than 10 years, currently 10 year rate is 4%. And if we are talking for any property price higher than 500k and 10% downpayment it would easily be 3k+ monthly payment. I ran some calculations - in the long term you are ok if you grow your income to at least 130k level. You will be off with the mortgage when you are 40-50 y.o. and have some time to accelerate pension savings. But, basically, It is really hard to fit in full family into calculation unless wife works full time. And fuck being married is also a risk that should be factored in - more than 50% of marriages fail. The whole situation is fucked. So many risks for a tiny reward, yet again.. it is better than live in fear in 3rd world

 

[wonderbly]

There should be an Express entry draw tomorrow right?

Yes, PNP draw.

 

[Impatient Dankaroo]

Being mortgage slave for real estate with prices rising higher than inflation rate on long term horizon is not that bad. The major problem are rates. Sadly you can not fix them for more than 10 years, currently 10 year rate is 4%. And if we are talking for any property price higher than 500k and 10% downpayment it would easily be 3k+ monthly payment. I ran some calculations - in the long term you are ok if you grow your income to at least 130k level. You will be off with the mortgage when you are 40-50 y.o. and have some time to accelerate pension savings. But, basically, It is really hard to fit in full family into calculation unless wife works full time. And fuck being married is also a risk that BBC should be factored in - more than 50% of marriages fail. The whole situation is fucked. So many risks for a tiny reward, yet again.. it is better than live in fear in 3rd world

Shieeeettt, my man thinking 30 years ahead. Definitely a Finance guy

 

[RSub]

There should be an Express entry draw tomorrow right?

People don't talk about draws anymore bro.