First of all, we need to understand what is Immigration and what are the reasons immigrating to different countries?
What is Immigration?
mmigration is a process of settling permanently into a different country. It’s is the process of individuals become permanent residents or citizens of another country.
Immigration visas are issued by different countries based on various criteria depending on its demographic, economic or other needs.
What are the reasons for immigrating?
· A desire for economic prosperity
· To find a paid work
· To the better standard of living
· For family reunification
· Lack of local access to resources
· Political oppression
· Economic hardship
· Freedom from religious persecution
Which is Do countries have most immigrants?
The immigrant’s ratio varies considerably from one country to another.
In 2019 last year, the United States has the highest number of immigrants with 48.2 million.
Money transfer tips for immigrants from India:
Life building in a new country is excitement, adventure, and potential uncertainties. Having funds in hand is certainly an advantage while settling in a new country. But carrying cash or card has limits set by RBI. So, the need of sending your money to your new place is a definite requirement of many immigrants.
First, you have to start thinking about options for transferring money abroad. Check various available options and don’t pay high fees on international fund transfer. The best exchange rate will save your money and managing in a new country. As you settle in a new country, very easy to fall in or end up overpaying for some services like outward remittance.
People around the world consider Canada as one of the most suitable country to immigrate. Canada has earned a reputation for an immigration friendly nation. Canada is one of the most developed countries. It is considered to be land of promising opportunities with a healthy climate, safe neighborhoods, world-class education and a high standard of living.
Best way of transfer money for immigrants to Canada: