Many credit cards charge an extortionate rate of interest, and most only require that you pay a small percentage of the outstanding balance each month (typically 2, or 2.25%). Using this calculator you can see just how long it takes to pay back money to a credit card company if you only pay the minimum.
Your âDuty Free Customs Allowanceâ is just the beginning! Hereâs the thing that savvy crossers know - Canadian and U.S. residents can shop as much as they like when they cross the border. âDuty Freeâ refers to the fact that there are set amounts regarding what can be brought across free of taxes and duties. The portion that is tax and duty free is called a customs allowance.
If you live in Canada, you will automatically become a temporary resident after renouncing your permanent resident status. You do not need to make a separate application for temporary residence. Your temporary resident status will be valid for six months.To remain in Canada longer, you will have to apply to extend your stay as a visitor before it expires. You will no longer be allowed to work or study without authorization from Citizenship and Immigration Canada (CIC).our family members do not need to renounce their permanent resident status if you do. They can remain as permanent residents. However, when CIC receives your application to renounce your permanent resident status, it will suspend any active family class sponsorship applications you may have already submitted.