Both Canada and New Zealand offer promising opportunities to students post study. Let us discuss the stay back options, PR and employment opportunities below:
Employment Opportunities
An individual in Canada earns around 120,000 CAD with salaries starting from 30,200 CAD which can go up to 534,000 CAD. A person working in New Zealand earns 97,300 NZD per year. The starting salary for individuals in New Zealand is 24,600 NZD and it can go up to 434,000 NZD.
The average salary for individuals in Canada is 70,00,000 INR approx compared to 50,00,000 INR approx in New Zealand. Therefore, clearly the salary prospect in Canada is better than New Zealand. It is important to remember that the pay scale varies between location, qualification, company, job title and experience.
The latest QS Graduate Employability Rankings 2022 reveal that graduates from universities in Canada are in a better position to be employed compared to graduates from New Zealand. Take a look at the table below to understand Canada or New Zealand which is better for students: in terms of providing employment:
Stay Back Options After Studies
If you choose to stay back in Canada or New Zealand after studies to work, you are allowed to do so by applying for a post study work permit. The key differences between the two are:
Canada
|
New Zealand
|
Need to apply for a post-graduation work permit (PGWP) to stay back after completing your studies.
|
need to apply for a post-study work visa to stay and work here after graduation.
|
PGWP can be valid for any duration between 8 months to 2 years depending on the length of your program.
|
With a post-study work visa you can work in NZ for up to 3 years after completing your program depending on the level of your qualification.
|
Permanent Residency
Permanent residency options can be availed in both countries. Let us briefly overview the conditions for PR in Canada Vs New Zealand:
Canada: There is scope for permanent residency in Canada after you apply for a PWGP or through the Express Entry process or as provincial nominees.
New Zealand: You may be eligible for Permanent Resident Visa if you have been living in New Zealand for 2 years or more.
Suggested: How to Apply for PR in Canada?