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We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.
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Apply: Complete the online Homestay Application form. Interview: After we have received your application, we will contact you to arrange an interview and will meet at your home. Background check: Our host families must obtain a criminal records check for all members in the household who are over the age of 18.
It increased payments to $950 per month in April. The response we received from our host families was gratefulness for recognising the increased costs for food, electricity and gas, said homestay coordinator Lisa Garrett. However, a few hosts say more is needed to cover expenses.
Host families receive a small stipend. With Harmony Homestay, you earn up to $1050 per month to help cover the extra expenses of hosting a student in your home.
All money you receive as a result of an accommodation sharing arrangement is taxable for income tax purposes and you should report it as rental income when you file your income tax returns. Individual situations vary and the tax implications could be different depending on the specific facts of the situation.
On average, a homestay in Toronto costs $88 per night (based on Booking.com prices).
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People also ask

If these Fees are not clearly itemized on the invoice, CHN will apply a Standard Fee of $1,000 per month for Homestay allowance, $500 for Homestay Registration, $250 for Custodianship Registration and $75 for Bank, Wire Transfer, and Administration Fees. Standard Service Fees.
Host families are paid $660 at the end of each month. Since this amount is intended to cover expenses, it does not need to be declared as taxable income. How long a commitment would we need to make? In general, we look for a commitment of at least 5 months, regardless of how long the student might be staying in Canada.

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