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Originally posted by atsz

Canada has more Bhikaris than India. I have no doubt about it. Immigrants who are not successful in India or earning very low are happy in Canada, whereas people earning handsomely in India get pissed off in Canada and mostly return after the experiment. So majority of the people living in Canada count pennies and think about petty purchases and small budgets to make ends meet. I never bothered about my living costs in India which were in dollar terms more than $3000 a month but could make more money (with pride and authority) in India without working like a slog. In Canada you can never ever reach such a position for next few generations.The economy is highly subsidized and over taxed. Education quality till Secondary school is worst than India's, and it becomes unaffordable for most of people to send their kids to college. Students work hard to make ends meet, generate points and try to get scholarships but the system is such that 95% never make it and end up as general labour. This is a "zabardasti ki country" and thatswhy the reason its accepting immigrants and now even more easily. Now even students can work and even a chai-maker can immigrate. Till 1984 this country had respect and pride and all those rosy things for which the Sardars ran selling everything into Canada. However after thaT the country took a declining trend in terms of everything, and today if you tell anyone that you are Canadian, people start pitying you. Indians have become the synonym of wholesole taxi drivers, roof repairers and carpenters. The government has providied lot of help centers for immigrants but the society in general makes them all useless. I think the coming recession will eventually show the real face of this system when local people will get competition from new immigrants in all trades and aspects resulting into tensions. I earn from outside Canada and only live in Canada becuase of good weather and cleanliness. But I really feel sorry for the people who come selling ff their assets and limited money hoping miracles.

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Amit Kalia, Broker, REALTOR®
RE/MAX Real Estate Centre., Brokerage
independently owned & operated
100 City Centre Dr, Unit 1-702
Mississauga, ON L5B 2C9
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Condo Blog: https://condopundit.com/blog/

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Originally posted by amit kalia


In my opinion, if someone has low /negligible debt, a paid off home and earn not less than $100,000 after taxes should feel nice in Canada. Otherwise it is more of a struggle and working to make ends meet.

Cheers,

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Originally posted by jonav
One question though 100,000 after taxes means how much before taxes (Gross salary)?
Jona

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"Mah deah, there is much more money to be made in the destruction of civilization than in building it up."

-- Rhett Butler in "Gone with the Wind"

If you want everything right after you land then yes the others are right unless you are bringing a huge amount with you and buy a house paid off. However, if you can not buy your own house after you sell what you have back home then it seems like you do not have much and maybe better for you to move here anyway. The job you currently hold is also a big factor. If you have made a fortune and still making a fortune then why move unless your goal is better environment not money. Under the circumstances, sell what you got there and buy on cash when you arrive, all you need then is utilities, insurance, food and transportation which is not that expensive.
I think only you can decide for yourself what is enough. Get on craigslist and check some rental properties out. Check some stores prices online for the items you normally buy. You can check almost everything online. Is there anyone who moved from your home town ask that person?

Hi,

What professions does a couple have to work in order to make $120,000 ?

Incidentally, I work in IT where the salaries range $36K to $55K gross (realistically) - ignoring what they tell you on websites.

And I checked Workopolis and monster.ca so they are based job postings.

I think that if you family income is $80K then you have a good life.

Cheers,
Amish

In IT it is only possible if you are in senior management to make that salary.
That too, in private sector.
Banks and govt do not pay that much even if you are in management.
In banks and govt you have to be in executive position to get in the $100K+ range.
But banks and govt have nice benefits though so base salary may not matter much.

Other than IT, there are a few professions which make that much.
Large management and accounting consulting firms like E&Y, Deloitte, etc. pay very well.
Investmennt banks pay very well (Morgan Stanley, Goldman, etc.)

Many self-employed professionals like real estate agents and financial advisors make that much as well, esp. if they are smooth talking, bull shipping types.

In private companies, you can start at lower levels and then make your way up to this level by "integrating" well with the culture of the company, smooth talking, bull shipping, touting your own horn and playing the same games as the Romans (I mean the goras).
In private companies, the more money you make for your company the more they will pay you.

Exactly as DesiBabu70 mentioned. He has summarized it very well.

You have to be in management (IT). Otherwise 45K to 55K is considered good.