If you are considering how to immigrate to Canada as an accountant, you can rest assured that the process is not as daunting as it may seem. The Immigration and Refugee Board of Canada (IRCC) has developed tailored immigration programs specifically designed for highly trained and skilled professionals like you. The next question you might have is about your employment prospects in Canada, and we can confidently say they are promising.
Canada boasts one of the most educated adult populations globally, with nearly 32% of individuals aged 25 to 64 holding a bachelor’s degree or higher, and an impressive 61% having some form of post-secondary education. However, despite this educated workforce, Canada faces challenges in meeting the demands of its labor market.
As the economy continues to grow, the workforce is aging rapidly, and there simply aren’t enough young people to fill the existing and newly created positions each year. To address this issue, Canada is looking outward for skilled professionals. If you are seriously considering how to immigrate to Canada as an accountant, read on to discover more about immigration programs, employment opportunities, and life in Canada.
Immigration Options
There are over 80 visa and immigration programs available, but we will focus on three of the most popular options. The best choice for you will depend on various factors, including your desired lifestyle and the demand for your profession across Canada’s 13 provinces and territories.
Express Entry
The Express Entry system is a popular immigration pathway that includes:
- Federal Skilled Worker Program – ideal for you as an accountant.
- Federal Skilled Trades Program – for skilled tradespeople.
- Canadian Experience Class – suitable if you want to gain work experience in Canada first.
To apply, you must create a profile and enter your information. An Overall Ranking Score (CRS) is calculated based on your details, and you will enter a pool of candidates. Periodic draws are held to select candidates based on their CRS scores. To be eligible for the Federal Skilled Worker Program, you must meet specific criteria:
- Age: The highest scores are awarded to individuals aged 20-35, with points deducted for each year above this age.
- Experience: Points are awarded based on your years of experience as a qualified accountant. One year of experience is worth 9 points, with a maximum of 15 points for six years or more.
- Education: An Educational Credential Assessment (ECA) is required to verify your qualifications. A bachelor’s degree in applied business is worth 23 points.
- Language Skills: Fluency in English or French is crucial. You will need to take a Canadian language reference test (CLB), such as IELTS or TOEFL, with a maximum of 28 points available based on your score.
- Arranged Employment: A valid job offer can significantly boost your CRS score, adding 200 points if it’s a permanent position.
- Adaptability: You can earn additional points by demonstrating your ability to adapt to life in Canada, including factors like your spouse’s qualifications or family connections in Canada.
Provincial Nomination Program
The Provincial Nomination Program (PNP) operates similarly to Express Entry but is specific to each province. If you have a job offer in a province like British Columbia, you can apply for a provincial nomination. If successful, you will receive a letter to submit with your permanent residence application to the IRCC. While this may seem like a longer route, it offers more control over the process. Accountants are in demand across most provinces, enhancing your chances of success. A successful provincial nomination can also earn you 600 points towards your CRS, virtually guaranteeing an invitation to apply for permanent residence.
Atlantic Immigration Pilot
The Atlantic provinces of New Brunswick, Newfoundland and Labrador, Prince Edward Island, and Nova Scotia have created the Atlantic Immigration Pilot to address their labor shortages. This program includes three categories:
- Atlantic International Graduate Program – for those who study accounting or complete a master’s degree at an institution in Atlantic Canada.
- Atlantic High Skilled Program – for qualified individuals with a job offer in one of the Atlantic provinces.
- Atlantic Intermediate-Skilled Program – for those with a job offer requiring a high school diploma and on-the-job training.
Currently, there are over 100 accountant positions available in Atlantic Canada, not including separate audit and accounting roles.
Life in Canada
Canadians are known for their hard work and vibrant lifestyles. Whether you enjoy outdoor activities or cultural experiences, Canada has something to offer everyone. The country features stunning landscapes, from the snow-covered mountains perfect for skiing and snowboarding to lively summer festivals and live events.
Cost of Living
Canada consistently ranks among the best countries for quality of life, partly due to affordable housing, food, and entertainment. An average two-bedroom apartment costs around $900 per month to rent or approximately $250,000 to buy. While cities tend to be more expensive, smaller towns may provide a more affordable living environment with less competition and a quieter lifestyle.
In conclusion, if you are looking to immigrate to Canada as an accountant, there are numerous pathways available to you. With a strong demand for skilled professionals, a supportive immigration system, and a high quality of life, Canada presents an excellent opportunity for accountants seeking to build a successful career and enjoy a fulfilling life.