Job Recruitment Website - Immigration policy - What are the conditions for China citizens who invest and immigrate to Canada to receive a pension at the age of 65? How much money can you earn if you are in Vancouver?

What are the conditions for China citizens who invest and immigrate to Canada to receive a pension at the age of 65? How much money can you earn if you are in Vancouver?

Only residents who have lived here for more than 10 years are eligible to participate in the "Old Age Security Plan". It should be noted that the old-age pension (also known as pension) is not automatically paid by the government after you reach retirement age, but you must apply to the government for the old-age pension within 12 months before your 65th birthday. In fact, the minimum living standard in OAS is similar to that in China. The amount of the pension also depends on the length of the applicant's residence in Canada and is paid by the federal government on a monthly basis. Older people who have reached the age of 65 and have lived in Canada for 40 years can apply for a full pension; In March 2006, the full pension amounted to $487.54. Every year you live in Canada, the amount of your pension will be reduced by 1/40, that is, if you only live for 20 years, it will be only 243.77 Canadian dollars. Some citizens who have lived in Canada for less than 10 years can also enjoy pensions, provided that the country of origin of the residents has signed an "international social security agreement" with Canada. For example, an elderly immigrant who has worked and lived in the United States for four years and then immigrated to Canada will be eligible for an old-age pension when he reaches the age of 65 six years later. Immigrants from China, Korean, Russian, Afghan, Iraqi and Mexican countries do not enjoy the above privileges. For citizens who immigrate from Canada, as long as they live in Canada for 20 years after the age of 18, they can still receive pensions after the age of 65. Irish immigrants in the Pacific