Tuesday May 22 2012

Canadian workers taking up foreign jobs


Canada, 7th June: These days, it is not uncommon to see Canadian workers being hired for working in foreign nations.

This is especially due to the fact that many Canadian firms operate in various nations the world over.

Canadians being hired by Canadian oil and gas firms for overseas jobs--Canadian oil and gas firms, both small and large ones, are into hiring Canadians for employing them at jobs in foreign nations.

And having an experience in Canada energy industry is considered a big plus point in getting hired for foreign nations, admits Anisa Ali from Calgary, who is working for Petro-Staff International Jobs On Earth.

Oil prices affect international movement of professionals--Ali says oil prices are a significant factor behind global movement of talented professionals in Canadian energy industry. Price has a direct affect on North American work due to high production costs, she adds.

However, in Middle East, price does not affect base-level work, she maintains. No wonder, more and more Middle East firms can be seen hiring talented professionals from North America, she reveals.

Benefits of working abroad—Several key factors allure global movement of professionals, says Ali. And among these include getting job in a big state-owned oil firm in Middle East. Another bonus of working in such large Middle East oil firms is that once Canadians are back home, their work-experience in such firms is highly recognized by Canadian firms, she asserts.

Lucrative offers of working in Middle East oil firms include big salary packages, long-term employment and extra benefits. In addition, oil firms also have facility of yearly flights for workers and their dependents for returning home or for holidaying elsewhere. And the fact that Middle East is close to Europe helps expats travel to the continent during vacations.

Firms also offer tax advantages to their foreign workers and workers should have knowledge of such rules. Canadians working for overseas jobs in Canadian firms are entitled to Overseas Employment Tax Credit, states Revenue Canada’s Joanne de Waal.

Moreover, they are also allowed to bring their tax free savings back in Canada. However, the only condition is getting your non-residency status determined before departing from Canada, she maintains.

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