Understanding OAS Eligibility and Benefits for Immigrants: What You Need to Know

1 year ago
8

Are you a Canadian immigrant wondering about your eligibility for Old Age Security (OAS) benefits? Join Emily Bron and Todd Schmekel this informative YouTube video as we discuss the OAS rules and regulations for immigrants like you. While OAS benefits are typically available to Canadians who were born in Canada, there are specific guidelines for immigrants. To collect OAS, you must have been in Canada for at least 18 years from the year you turned 18. If you've been in Canada for less than 20 years and decide to relocate abroad, your OAS benefits will be discontinued. To receive your OAS in full, you need to have been in Canada for more than 20 years. In your case, as an immigrant with 30 years of working and residing in Canada, you will receive a proportionate amount of OAS based on your time spent in the country. We explain the calculation process, where the OAS benefit amount is divided by the total years of eligibility (40 years in this case) to determine the proportion you will receive. Stay informed about your OAS eligibility and benefits as we provide essential insights and guidance for immigrants like you. Don't miss this video that can help you understand and navigate the OAS system with clarity and confidence.

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