Eligibility For Pr In Canada For Finance Professionals In 2024

By Author: Sanjay Yadav
Total Articles: 25
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Those who have an idea to make it big in Canada, know the importance of permanent residency. But what we miss is making out the eligibility for PR in Canada. Being qualified makes a big difference, and helps you surpass competition.

The nation receives thousands of permanent residency applications to be able to settle and work here for the longer term. One of the big reasons why people have chosen Canada is because of the amazing job opportunities it provides to its permanent residents and citizens.

We have heard about how IT and healthcare sectors are on the rise, but one sector that has not been spoken about enough is finance. Developments in data and technology bring about the demand for finance professionals. These both are involved intricately.

Financial advisors and financial analysts are some of the most in-demand professions in the finance sector of 2024. All you need to do is know how to find job in Canada from India in finance-related professions.
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Demand for Finance professionals in Canada for 2024

Most of industries require the services of finance professionals. Some of them belong to specialty sectors, like commercial banking administrative management and general management consulting services.

Data processing, hosting, and related services are some of the other areas where finance professionals are required. So if you ask how to find job in Canada as a finance professional, it should be easier than you have thought.

42 percent of the companies are recruiting for new permanent roles
49 percent are in the process of filling permanent vacant spots
95 percent of them are struggling to search for skilled talented professionals in the field of finance.

Near 23,700 new job openings will be launched in 2022 and 2031. This is an impressive number when it comes to those who have applied for their eligibility for PR in Canada. A job offer as a financial professional helps you secure an added 10 points.

Canada PR eligibility for Finance professionals for 2024

1. A financial professional needs 67 points out of 100 for eligibility for PR in Canada as finance professionals. This will be based on 6 selection factors such as age, work experience, education, language, arranged employment, and adaptability.
2. Bachelor’s or master’s degree in finance, accounting, economics
3. Professional certifications such as a CPA, CFP, or CFA.
4. MBA in finance or a Master’s degree in Finance
5. Minimum 2 years of work experience in your finance-related field such as auditing, budgeting, accounting, or financial planning.
6. Roles like accounting manager treasury/corporate finance manager, or financial analyst need recognized designations like CPA, CA, CMA, CFA, CFP, or CIM.
7. Need minimum IELTS scores of
a) Listening: Canadian Language Benchmark (CLB) 7
b) Reading: CLB 6
c) Writing: CLB 6
d) Speaking: CLB 7
8. If you have a connection in Canada such as a family member or relative that will accompany you to Canada grants you an added 10 points.
9. Applying between the ages of 18 to 35 gets a minimum of 12 points for eligibility for PR in Canada. After 35 your points are reduced and after 45 you cannot claim no scores.

Average Salaries of Finance Professionals in 2024

The average salary for financial professionals is around $83,018 per year. This can also be $42.57 per hour. Those who come into entry-level positions can earn up to $50,593 every year. Those who are experienced earn up to $160,220 each year.

Pathways to move to Canada as a finance professional in 2024

a) Canadian Experience Class

This category of skilled workers is for those who have worked in Canada as a financial professional. They must have gained experience for the nation. With points from CEC, you can qualify for permanent residency as a financial professional

b) Provincial Nominee Program

This pathway is for those whose financial job types are in demand in certain provinces. This depends on which province or territory you choose to apply as a finance professional. It could also be the Saskatchewan PNP program. Many of the provinces have their specific streams for finance professionals.

Atlantic Immigration Pilot Program (AIPP)

This pathway is for those finance professionals who wish to immigrate to Nova Scotia, New Brunswick, Prince Edward Island, and Newfoundland and Labrador. All these are part of the AIPP. To move here finance professionals, need a valid job offer from a designated Canadian employer.

Global Talent Stream (GTS)

Global Talent stream is a smart way for financial professionals who do not know how to find job in Canada from India. Those who have job offers from verified employers can benefit from a quicker processing time.

Conclusion

Want to move to Canada as a finance professional? If yes then get your connections strong with Nationwide Visas. After all, they are the best Canada PR visa consultants in India.

Nationwide Immigration Services is one of the leading Immigration Company for the Canada, Australia and Germany Immigration. For more details, feel free to call us:+91-9292929281 or visit us:https://www.nationwidevisas.com/