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Old 06-13-2015, 10:00 AM
 
1 posts, read 732 times
Reputation: 13

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Hi,

I am 38 year old IT guy. I can get job in Toronto which will pay me annually 75k to 80k. My other details are as below:

I am married. have 2 kids. One 5 year old other a month old. We are 100% vegetarian.

I would like to know the following:

What would be the tax liability?
What sort of house can I rent. By that I mean, do I need to rent house that would have separate rooms for kids or I can rent 1 Bed room kitchen apartment to save cost?
What is the average rent for 1 BHK and 3 BHK?
What is the average cost of meals for 100% Indian vegetarian?
How much initial investment I have to do for car etc.?
What about medical expenses?
What about schooling cost?

Thanks
Canvi
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Old 06-13-2015, 10:39 AM
 
Location: Aztlan
2,686 posts, read 1,415,548 times
Reputation: 1282
Moved from P&OC to Canada. I suppose that moving from Mumbai to Canada is political, if not controversial.
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Old 06-13-2015, 11:27 AM
 
Location: Proxima Centauri
4,808 posts, read 1,983,159 times
Reputation: 5242
Quote:
Originally Posted by canvi View Post
Hi,

I am 38 year old IT guy. I can get job in Toronto which will pay me annually 75k to 80k. My other details are as below:

I am married. have 2 kids. One 5 year old other a month old. We are 100% vegetarian.

I would like to know the following:

What would be the tax liability?
What sort of house can I rent. By that I mean, do I need to rent house that would have separate rooms for kids or I can rent 1 Bed room kitchen apartment to save cost?
What is the average rent for 1 BHK and 3 BHK?
What is the average cost of meals for 100% Indian vegetarian?
How much initial investment I have to do for car etc.?
What about medical expenses?
What about schooling cost?

Thanks
Canvi
Dear Fellow IT guy,

Since few Canadians are responding this American will.
for taxes: Canadian income tax rates for Individuals - current and previous years
for a home: Toronto Sun | Toronto, ON | Classifieds
Be aware that the Canadian dollar is currently .80 of the American dollar
For fine foods there is a Costco in Toronto - This is a big box store plenty of veggies. Costco also sells disposable diapers and formula by the case.
I don't know the details or the waiting period but medical expenses are a public expense.
If Toronto follows the American model, your landlord will be paying a school tax.
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Old 06-13-2015, 08:48 PM
 
800 posts, read 507,636 times
Reputation: 304
Toronto has a large Indian population. You will be fine.
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Old 06-14-2015, 03:56 AM
 
34,365 posts, read 41,446,089 times
Reputation: 29853
Here are some sites you may find helpful.=
https://www.google.ca/#safe=active&q...dian+community
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