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Auray Capital Canada

Canada, made up of a truly multicultural society, is one of the wealthiest nations in the world.  It ranks among the highest in international measurements of education, government transparency, civil liberties, quality of life, and economic freedom. Therefore, it’s no surprise that Canada consistently ranks in the global top 5 for quality of life by the Organisation for Economic Cooperation and Development.

As the second largest country in the world, Canada’s territory provides a geography as varied as its cultural landscape. Nearly half of the population lives in six large metropolitan areas: Toronto, Vancouver, Montreal, Ottawa, Calgary and Edmonton.

English and French are Canada’s official languages.  However, Canada is a country of linguistic diversity and more than 70% of the population speaks a mother tongue other than English or French including:  Cantonese; Mandarin; Tagalog; Spanish; Punjabi; Arabic; Italian; German; Portuguese; Persian (Farsi); Polish; among others
Thanks to its vast land, strong economy, envied health care and globally recognized educational system, Canada attracts thousands of newcomers every year. In fact, over 20% of Canada’s population is foreign born, the highest proportion among the G8 countries, according to Statistics Canada.  The National Household Survey (NHS) reports more than 200 different ethnic origins in Canada.

Immigration is important in sustaining Canada’s economic development and the Government strives to have the best policies and programs to attract the best prospects. Economic immigrants contribute to the country’s development and continue to enrich its multicultural society. 
Immigration is regulated by the federal government via the “Immigration and Refugee Protection Act”, and provinces are allowed to select immigrants under provincial nominee programs. Quebec has its own selection program based on the “Canada Quebec Accord” which is regulated by the “Regulation Respecting the Selection of Foreign Nationals”.

Investment immigration programs

Key Facts

  • Area: 9,984,670 km2
  • Population: 34.8 million (2014 est.)
  • Official language(s): English and French.
  • Capital: Ottawa
  • Government: Parliamentary democracy, federation and constitutional monarchy.
  • Legal system: British common law (French civil code in the province of Quebec)
  • Currency: Canadian dollar (CAD). Free floating currency.
  • GDP per capita: $43,100 US (PPP 2013 est., $1.518 trillion US GDP).
  • Climate: Temperate in South to arctic in North.
  • Visa-free travel for citizens: 163 countries

Economic Immigration & Taxation

Canada’s economy is competitive, innovation-driven and trade-oriented. It is characterized by a prudent fiscal policy, low inflation, interest and unemployment rates, a highly educated population and a business-friendly corporate tax framework. Canada’s banking system is considered among the safest in the world and it promotes a dynamic business environment. Labor costs are among the lowest of G7 countries, and its multiple trade agreements, such as the North American Free Trade Agreement, as well as its economic linkages with Asia via the Asia-Pacific Gateway, attest to the country’s commitment to open trade.

Canada’s tax system is based on a self-assessment model and residents pay taxes on worldwide income. Canadian residents can reduce the amount of income taxes paid on foreign source income by way of foreign tax credits. Canada has tax treaties with a number of different countries to avoid double taxation.

AURAY Capital’s partnership, via Grant Thornton Canada and Raymond Chabot Grant Thornton, can provide assurance, taxation and advisory services in over 135 locations across the country.

Logos Auray Capital & Grant thornton Raymond Chabot

Family Life

Canada allows its residents to benefit from a highly developed educational system with renowned universities and relatively low educational fees when compared to the United States. Canada’s cost of living is slightly lower than other developed nations, and its residents also benefit from a universal health care system. These and many other reasons make Canada an ideal and a safe place to raise a family.

AURAY Capital offers unparalleled support in working with Canadian residency and citizenship by investment programs.

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