How to Get Free Money to Move to Canada

Canada is widely regarded as one of the most desirable destinations for immigrants. The country offers unparalleled opportunities for career growth, world-class education, and an excellent standard of living.

However, the cost of relocating to Canada can be significant, including expenses such as visa processing, travel, housing, and day-to-day living.

Fortunately, several avenues are available to ease the financial burden. In this blog, we’ll explore different ways to secure free funding to move to Canada, including government programs, scholarships, employer-sponsored visas, and other helpful resources.

7 Essential Ways to Get Funding to Move to Canada

1. Government-Funded Programs

The Canadian government offers a variety of funding programs to assist immigrants, ranging from skilled workers to students and entrepreneurs. These programs can significantly reduce the financial strain associated with relocating. Understanding the key government-funded initiatives will help you access the resources that best align with your immigration goals.

a. Federal Skilled Worker Program (FSWP)

The Federal Skilled Worker Program is part of the Express Entry system, which is designed to attract skilled workers to Canada. While FSWP itself does not directly provide free funding, many candidates receive financial support through provincial or employer-sponsored programs. Employers in high-demand sectors like healthcare, technology, and engineering may cover relocation costs for skilled professionals who meet the criteria. If you have an offer from a Canadian employer, this could significantly reduce your financial burden.

b. Provincial Nominee Programs (PNP)

Each Canadian province has its own Provincial Nominee Program (PNP), targeting specific industries and skill sets. Some provinces offer funding or reimbursement for relocation costs, especially for workers in critical sectors. For example, some provinces may cover expenses such as transportation, settlement fees, and initial housing costs. It’s advisable to research the programs of your province of interest to understand the funding options available to newcomers.

2. Scholarships and Grants for Students

If you’re moving to Canada as a student, there are numerous scholarships and grants designed to help you with tuition fees, accommodation, and even living expenses. These funding options can ease the financial strain of studying abroad.

a. Canada Student Grants and Loans
The Canadian government provides several grants and loans to students, including permanent residents and international students.

While these grants are primarily available to citizens and permanent residents, international students can also apply for certain scholarships and loans based on academic achievement and financial need. Be sure to explore these opportunities to reduce the cost of your education and relocation.

b. Vanier Canada Graduate Scholarships
The Vanier Canada Graduate Scholarship is a prestigious award for international PhD students. This scholarship offers up to $50,000 per year for three years, covering tuition and living expenses. While highly competitive, it’s a fantastic opportunity for top-tier graduate students and can significantly reduce the costs associated with relocating to Canada.

c. Mitacs Globalink Research Awards
Mitacs provides funding for research opportunities in Canada for undergraduate, graduate, and postdoctoral students. International students can qualify for these awards, which help cover travel, accommodation, and living expenses during research projects. This funding is an excellent way to finance both your studies and relocation to Canada.

3. Employer-Sponsored Visas and Funding

Many Canadian employers are actively seeking skilled workers in fields like IT, healthcare, and construction. Some employers offer relocation packages that cover a variety of expenses, including visa processing, travel, and temporary accommodation.

a. Global Talent Stream (GTS)
The Global Talent Stream (GTS) is a program designed to fast-track the immigration process for skilled workers in high-demand sectors. Participating employers often provide relocation funding to cover visa fees, work permits, and travel expenses. This program is particularly beneficial for workers in fields such as technology, engineering, and healthcare.

b. Job Offer and Relocation Assistance
Certain Canadian employers include relocation benefits as part of the job offer. These benefits may include airfare, temporary housing, and covering moving costs. When applying for jobs, be sure to look for positions that explicitly mention relocation assistance or inquire during the interview process about any available support for moving expenses.

4. International Financial Aid and Organizations

Apart from Canadian programs, international organizations provide financial aid to individuals planning to move to Canada. This funding can help cover a variety of expenses, from travel costs to initial settlement fees.

a. United Nations Refugee Agency (UNHCR)
For refugees moving to Canada, the United Nations Refugee Agency (UNHCR) may provide financial support, including travel expenses and essential relocation costs. Additionally, the Canadian government offers settlement funds to approved refugees through the Resettlement Assistance Program (RAP). This funding can be critical in easing the transition to life in Canada.

b. International Organizations and Charities
Numerous global organizations provide financial assistance to individuals moving abroad. The International Organization for Migration (IOM), for example, offers loans for relocation, while other charities and NGOs may provide grants to help refugees and immigrants cover their relocation and settlement expenses. Look into local and international aid organizations that focus on immigrant support.

5. Crowdfunding

If traditional funding options don’t suit your needs, consider using crowdfunding platforms like GoFundMe or Kickstarter. Many individuals have successfully raised money for their move to Canada by sharing their personal stories and goals. Crowdfunding can be a viable solution for those who need help covering immigration fees, travel, and initial settlement expenses.

6. Bank Loans and Financing Options

While not entirely free, some financial institutions offer loans designed specifically for immigrants. These loans can cover relocation costs and initial living expenses and often come with favorable terms for newcomers to Canada.

a. Canadian Banks’ Newcomer Programs
Banks such as Scotiabank and TD offer newcomer programs that provide financial products, including low-interest loans, to help immigrants settle in Canada. These loans can be used for a variety of relocation-related expenses, including travel, housing, and setting up a new life in Canada.

7. Social Media and Community Support

Often, reaching out to your social network and community can open doors to financial support. Immigrant and expat groups on platforms like Facebook and LinkedIn are full of people willing to offer advice, resources, and sometimes even direct financial help to newcomers.

Whether you are moving for work, education, or as a refugee, financial support can help make your transition to Canada smoother. Be sure to explore all the available funding avenues to maximize your opportunities and ease your relocation process. Good luck on your journey to Canada!