Mastering the Move: How to Relocate to Canada Without Breaking the Bank (2023)


Dreaming of a life in Canada? The land of opportunities, diversity, and dreams welcomes thousands of individuals worldwide every year. The prospect of moving to Canada might seem daunting, especially with limited funds, but fear not! In this guide, we will unravel practical tips and tricks to make your move to Canada a reality, whether you're starting a new chapter, pursuing education, or simply exploring the beauty of the country.

Can You Move to Canada Without Money?

Canada's allure for immigrants is undeniable, given its welcoming atmosphere, high standard of living, and excellent healthcare and education systems. However, the cost of living, especially in urban hubs like Vancouver and Toronto, can be high. So, how can you move to Canada without money? Here are actionable insights:

1. Apply for a Working Holiday Visa:

If you're between 18 and 30 and from a participating country, consider the IEC Working Holiday Visa. This allows you to work in Canada and earn money to cover expenses. Check the International Experience Canada website for eligibility and details.

2. Secure Employment Before Moving:

For those planning to work in Canada, searching for a job in advance is wise. Many Canadian employers are open to sponsoring foreign workers, especially in sectors like healthcare, IT, and engineering. Explore online job boards, Canadian recruitment agencies, or network with professionals to kickstart your journey.

3. Explore Education Opportunities:

If you're a student, Canadian universities and colleges are renowned for high-quality education and a multicultural student body. Many institutions offer scholarships and grants for international students, providing a viable path to move to Canada without hefty upfront costs.

4. Find Affordable Housing Options:

Housing can be a major expense when moving to Canada. Look for budget-friendly alternatives like renting a room in a shared apartment or considering co-op housing. Exploring accommodation in smaller cities or towns can also reduce living costs.

5. Save Before You Move:

Moving to Canada without money is undoubtedly challenging, so saving beforehand is crucial. Even a modest savings buffer can help cover initial expenses like transportation, food, and lodging. Explore passive income opportunities, such as, where you can earn money by completing short online surveys and sharing your internet connection.

Moving to Canada Without Proof of Funds

If your bank balance isn't robust, worry not. Certain circumstances may exempt you from providing proof of funds:

1. Labour Market Impact Assessment (LMIA):

Exemption may apply if an LMIA process confirms that the employer actively sought Canadian candidates but found none suitable. This signifies genuine job offers and assures sufficient income for self-sustainment.

2. Canadian Experience Class (CEC):

If you possess at least one year of qualified work experience in Canada, you can apply for permanent residence through the CEC program. This may eliminate the need for proof of funds, as you've already established yourself in the country with a track record of self-sufficiency.

3. Asylum Seekers and Refugees:

Individuals seeking asylum or refugee status may not need to provide proof of funds. Various Canadian programs, such as the Resettlement Assistance Program and the Interim Federal Health Program, offer financial support to refugees and asylum seekers.

4. Atlantic Immigration Pilot (AIP):

Designed to attract skilled workers to Canada's Atlantic provinces, the AIP may not require proof of funds if you hold a valid job offer in one of these provinces.

5. Provincial-Specific Requirements (e.g., Quebec):

Quebec's immigration programs may have different criteria. For instance, the Quebec Skilled Worker program might not demand proof of funds if you meet other eligibility criteria.

Financial Requirements for Moving to Canada

The amount needed to move to Canada varies based on factors like the purpose of the move, intended duration of stay, financial situation, and the cost of living in your chosen location. For instance, the Federal Skilled Worker Program requires showing funds sufficient for six months, currently set at CAD13,310 for a single person.


Moving to Canada without money is undoubtedly a challenge, but with careful planning, research, and preparation, it's possible. This guide provides the initial steps to turn your dream of relocating to Canada into reality. For more detailed information and personalized advice, consult with immigration professionals to navigate the intricacies of the process.

Frequently Asked Questions

Do I Need Money to Move to Canada?

Yes, you'll need a certain amount of money to move to Canada. The Canadian government requires residency applicants to provide proof of funds to sustain themselves and their families for a specified period.

What's the Easiest Way to Move to Canada?

Government programs, including Express Entry, Provincial Nominee Program, educational routes, and family sponsorship, offer direct paths to Canadian permanent residency. These avenues provide structured processes for individuals seeking to make Canada their new home.

Can I Simply Move to Canada?

No, unless you're a Canadian citizen, permanent resident, or hold a valid temporary resident status (e.g., work or study permit), you cannot simply move to Canada. Eligibility for permanent residency involves meeting specific requirements and undergoing the application process.

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