Many talented brains from developing nations like India, the Philippines, Sri Lanka, Bangladesh, and Pakistan have been immigrating to economically progressive and highly developed nations for many years.
They migrate in search of a good quality of life, world-class education for their children, and social security perks, including disability and maternity benefits, unemployment allowance, employment insurance, and other attractive benefits.
This is primarily why many choose to become permanent residents of developed nations such as Canada, the USA, the UK, Australia, and New Zealand. But the youth and skilled professionals who have moved to these nations have also brought in foreign remittances and a good deal of foreign exchange that helps boost the economy and development of a country that is still wanting and in its development stage.
Contributing back home
Many immigrants with well-paying jobs in these overseas nations help their relatives, parents, and near and dear ones by sending them money for assistance. Even students who study in developed nations return home with great knowledge and expertise. They even impart their expertise and aid in medicine, engineering, technology, and other professions.
Immigrants in other nations make it up to their home nations by keeping the foreign remittances flowing. Many of these remittances help ease the constraints of credit in rural areas. It helps accelerate human capital with improved health and educational facilities besides a good lifestyle. Many immigrants who return to their nations build hotels, hospitals, schools, and places of public worship or institution.
In many cases, they make significant donations to charities, which greatly help uplift the poor and marginal areas back in their home countries. Because of their contribution, many needy and underprivileged people find a vehicle and means to make their dreams come true. Immigration has been an excellent life-changer for many people who cannot find adequate help, but through the financial assistance from these immigrants, they find a way to live the life they deserve.
Canadians will see more than 1.3 million new immigrants over the next three years. In 2021 alone, Canada welcomed more than 405,000 new permanent residents, which translates to be the most immigrants welcomed in a single year in the country’s history.
Pistachios, known for their cracking goodness, are also known as the green nut, the smiling nut, and the royal nut in different parts of the world. This underrated yet utterly wholesome nut is known for its unique health benefits and was preferred by legends and aristocrats throughout history. Here are some nutty good facts about California pistachios.
Our homes were naturally not kitted out to double up as offices. While some of us have been able to invest in ergonomic office furniture, many of us have simply lacked the space to create a home office set-up. As a result, we worked sitting on floors, from our couches or even sprawled out on our beds.
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DARPAN's social media host Ish Sharma sat down with Pip Dhaliwal Founder and CEO of Freedom Capital. Here is what he had to say about getting help from alternative banking when the traditional banking systems is adding to the red tape for investing in real estate.
