If you are planning to relocate to Canada and want to know the total cost breakdown of moving to Canada with your spouse in 2022, this post is for you.
First, congratulations on your intentions to move abroad.
One of the mistakes that most immigrants make is not trying enough to gather information about the cost and financial implications of embarking on such a journey.
As usual, I will keep this post simple and straight to the point so you will get a good idea of how much it will cost you to move to Canada in 2022.
This guide will only cover the study route for enterying Canada from Nigeria. For now, the study route is the easiest and surest ways to immigrate to Canada. If you are moving through other routes, then you will have to check our previous post here.
What you need to travel to Canada in 2022
1. Get admission.
If you are planning to move to Canada through the study route, the first thing you need to even consider is gaining admission.
To do this, you need to visit the official website of the school you are applying for to get more information. The requirements for admission vary by university.
However, if you already have a first degree in Nigeria, then the cost will not be much for you as you only have to hustle for one to two years depending on the course.
That being said, this case study will be using Simon Fraser University. Applying for the MSc in Computer Science
You can apply to any other university. We are using this because it’s cheap and gaining admission is very easy. You don’t need an agent. It’s something you can process by yourself.
Why The Simon Fraser University?
- Low tuition fees payable per term.
- No IELTS or TOEFL is required.
- Easy admission process.
- Great support for international students.
- Good location.
School Expenditure Breakdown
|Item||Amount in CAD|
|International transcript evaluation||35|
|Graduate Student Activity Fee||75.37|
|Tuition fee (2yrs)||12,153.60.|
The course tuition fee is ($2,025.60 per term) and you are expected to complete your course within 5 to 6 terms max. If you are fast, you can complete your program in one year which is 3 terms. Fees are paid per term.
Unlike the UK, where your study permit/visa serves as a regular visa to enter the country, Canada is different and would require an additional visa (Visitors Visa in this case). This costs $500 CAD.
The good thing about this visa is that you only need one for a family of up to 5 members. Sometimes referred to as a family visa. However, your spouse will still need to apply for the Work Permit to enable him/her to work and support you while you study. This permit costs an additional $155 CAD.
For this, budget a total of ₦325,000 for two people. Below is a breakdown of what you will spend.
|DESCRIPTION||AMOUNT IN GPB||AMOUNT IN NGN|
|Covid 19 Test||₦46,000 per person|
|Tuberculosis Test||₦60,000 per person|
|Medical Test||100CAD per person||₦56,100 per person|
|International Student Medical Insurance:||281 CAD per term|
Proof of Funds (PoF)
Our course is expected to last for a maximum of 2 years. According to the Canada Immigration website, you will need $11,000 CAD per year for your living expenses as a student. Each additional person following you will need an additional $3,586 CAD.
This means for a family of two, you need to make sure you have $14,586 CAD per year, translating to $29,172 CAD (₦16.4m approximately) for a period of 2 years of your study.
You also need to have a balance of your school fees of $10,128 CAD. This amount is expected to be in your account for at least 28days prior to your application.
The Trick And How Much You Actually Need (PoF)
I know the goal is to move, get something doing and fund your school. You don’t actually need to have these crazy amounts in your account. However, if you do, that’s okay and will simplify the process.
If your work permit allows you to work part-time, you will be able to work up to 20 hours on and off campus. Your spouse who will get a work permit will also be able to work up to 48hours a week. The minimum Canadian wage is pegged at $14.50 per hour and is expected to increase to $15 per hour by October 2023.
With that being said, you will need to make sure you have a sufficient amount of money to cater for your living expenses for at least three months pending when you or your spouse will get a job and start earning income.
How Much You Actually Need To Live In Canada For 3 Months
On average, you will need about $1,500 CAD to $2,000 per month to live in Canada. This is however dependent on your lifestyle. Basic things you will need to spend on:
- House Rent: A 1-bed apartment costs between $675 to $1,200 per month in Newfoundland.
- Feeding: Unless you have enough money, then you need to manage yourselves here. $850 should be enough here.
- Transport: Depending on your school and work location.
- Bills: Internet, electricity, and water bills. Budget additional $250
- Then Miscellaneous.
So basically, for 3 months, you need around $6,000 CAD (₦3.36m) to live with your spouse in Canada. I am using three months as enough time to settle and get a job in Canada.
Then the rest of the money needed for the PoF can either be outsourced. If you are in Nigeria, you already know what I mean. If you need help with this, feel free to contact us here.
Other expenses you may not run away from include;
- Police Clearance: ₦5,000 to ₦10,000 depending on your location.
- A one-way flight Ticket will cost the both of you nothing less than N1.4m if you are flying economy class. Check British Airlines for an idea.
The Summary of The Total Cost of Moving To The UK With Your Family.
You will need to have a total of ₦7.3m to move to Canada with your spouse using the study route. This is broken down in the table below:
|ITEM||AMOUNT IN NAIRA|
|Living Expenses (3 months)||₦3,360,000|
These figures are calculated for two people only.
However, you will need to show proof of funds of at least $39,300 CAD (Approximately ₦22m).
Note that your proof of funds is taken with the assumption that you have taken care of every other expenses except for the balance of your school fees and the amount the Canadian embassey expects you have to cover for 2 years of your living in Canda
I hope this gives you an idea of the likely total cost breakdown of moving to Canada with your partner either husband or wife only. If you are a family of more than 2, then you need to multiply the other living expenses apart from the school fees.
I hope to see you on top. If you need help, feel free to drop your question in the comment section or send us a message here.