A house, a job, and a place where you see a future for your family. Any guesses about which foreign nation we are speaking about? In case you still haven’t guessed the answer, let me tell you about the immigrant land of Canada.
Coming here can be a great advantage for those who wish to settle in Canada for the long term. All you need to do is check your Express entry or even PNP requirements. Because no job or even stay in Canada is possible without checking them.
Much of the immigration programs that come under the EE system are points-based. This is especially true for the Federal Skilled Worker Program. Just get a minimum of 67 points immigration Canada, and you are good to go.
Among many sectors like medical care or IT, one that has taken the spotlight is finance. Many companies all across Canada employ finance professionals in their companies. This is because jobs like these need skilled talent and who have proper qualifications.
And, who better than finance experts who can handle the accounts and audit of your company? This helps the firms or organizations save a lot of money, make profits, and save on all kinds of taxes imposed by the government.
This is why today we will speak of financial advisors, who help you make the right decisions. They are like consultants who help you arrange your finances and help you. Their demand in Canada and its provinces will only move up with every year.
Why does Canada need more Financial Advisors than before?
Much of your investment and cash planning is on the shoulders of financial advisors. They are also known as financial planners because they are great at it. They analyze your records and transactions and make deductions based on that.
All your personalized financial planning is created by them according to their understanding of the local trends. You can find great prospects as a financial advisor in the Canadian provinces of Quebec, New Brunswick, and Prince Edward Island.
Places that employ them are either government agencies, banks, trust companies, investment firms, or are self-employed as well. But without the necessary Canada eligibility check you cannot apply for the Canada PR visa.
They are even employed under the titles and designations of personal finance advisors, investment advisors, finance consultants, or other kinds of financial officers. Around 66,000 job positions will be fresh and open for those who are ready to work as financial advisors in Canada.
This number will be in the period of 10 years, starting from 2021 to 2032. So, this is a projection that for these many vacancies, there shall be 61,400 people looking to work as a financial planner. Much of the hiring in this profession is because of the retirements and shortage in skills of this job type.
What is the eligibility of a Financial Advisor to apply for Canada PR?
1. You need to be a bachelor’s in Business administration.
2. Bachelors in Commerce, Economics, or a related field
3. You need to be bestowed with the designation of a Certified Financial Planner. This will be awarded by the body of the Financial Planners Standards Council of Canada.
4. As a financial planner you need to sell out financial products and investments that are regulated. These can be annuities, RRSPs, and life insurance.
5. Get a license from a related governing body
6. Complete training programs and courses provided by financial institutes and organizations. This can go by the name of
a) Canadian Securities Institute
b) Institute of Canadian Bankers
c) CFA Institute, Investment Funds Institute
d) Canadian Institute of Financial Planning
e) Trust Companies Institute of Canada
7. Find out the regulatory bodies of provinces and territories and get registered with them.
8. Minimum of 1 year of full-time continuing work experience in the past 10 years under the NOC 1114
9. You need to score a minimum IELTS score between 6.5 to 7.5 across all four bands of reading, writing, listening, and speaking. This can be the same for even something like Saskatchewan PNP requirements where this profession is in high demand, For French language fluency there are tests like Test d’évaluation de français (TEF).
10. Create a profile for Express entry profile, and get a great Comprehensive Ranking system score. These points will be based on certain scores, this is the same for 67 points immigration Canada to make it enter the pool for CRS scoring.
11. Your criminal records should be clear, which means you should be admissible to Canada as a financial advisor.
12. Enough funds to be able to support yourself and your family members till you get finally settled. In the initial times, you need to some money.
13. You can try to look for a skilled occupation list of provinces where financial advisors are in demand, this way you can receive your Canada PR once you get a nomination from them.
14. Make sure you get your Canada eligibility check done as each provinces have a different set of requirements.
Conclusion
Eager to get a job as a financial advisor in Canada? Knowing the requirements and routes can help you apply for the post and get a PR as well, In case you need any additional information or guidance on how to apply, connect with Nationwide Visas, They are after all reputed as the best immigration consultants in Delhi.
