Investment Immigration

News:

Recently, Canada's federal immigration department announced its immigration quota for next year, with plans to accept 240,000-265,000 new immigrants, of which economic immigrants account for 63%, the highest number of new immigrants Canada has ever taken in.

Since China was the largest source of immigrants to Canada last year, followed by the Philippines and India, some industry insiders worry whether the Department of Immigration will consider reducing immigration of Chinese or Indian origin. However, according to the latest statement of the relevant Canadian departments, the next year does not select immigrants according to the country of origin, dispelling the fears of many families who want to immigrate. At present, the Canadian federal investment immigration regulations, the applicant must have at least 1.6 million Canadian dollars in net assets. According to the current situation forecast, Canada's federal investment immigration or will be officially restarted on July 1, 2014, when the application conditions will be significantly increased, namely: applicants need to have at least 4 million Canadian dollars in assets; can choose to invest 2 million Canadian dollars, five years later interest-free return, can also choose a one-time investment of 500,000 Canadian dollars, no longer return.

The current policy requires the applicant to have at least two years of corporate executive or business experience in the last five years. According to the entrepreneurs who have immigrated to Canada, their investment industries are actively and healthily developing, so experts also expect that the new Canadian federal investment immigration policy may not make much adjustment.    

Business Investment Immigrants

Canada's investment immigration program mainly includes federal investment immigration and independent provincial nomination investment immigration program in each province.

Federal investment immigrant processing conditions The Canadian Minister of Immigration announced on June 26, 2010 that effective immediately the Canadian Immigration Service will stop accepting new applications for Canadian business immigrants (investment immigrant category). This application will reopen on December 1, 2010. It is expected that most applications will be closed within 1 year under the new law.

On June 26, 2010, Immigration Canada also introduced a new proposal for federal immigrant investors, which includes

(1) An increase in the applicant's personal net worth from the previous $800,000 to $1.6 million.

(2) The amount of investment to the Canadian government is increased from the previous $400,000 to $800,000.

Having a net worth of more than C$1.6 million (approximately RMB 10 million)

The Canadian immigrant investor application is for one person to apply and the whole family to obtain a visa. The one-person application means that one person is identified as the principal applicant between the couple, and the couple needs to have a net worth of 1.6 million Canadian dollars (including property, stocks, funds, bank deposits, and company assets, etc.). A family visa means that both the husband and wife and the children are granted visas at the same time. The children are required to be enrolled full-time, not working, not financially independent, and over 22 years of age are required to be enrolled full-time and not married.

Assets are acquired through legitimate business efforts

The document proving that the assets are acquired through legitimate business efforts is required to be submitted.

Two or more years of experience in business management in the last five years

Two or more years of experience owning, controlling, or leading a business within the last five years, either as a business owner or in a senior management position in a business

Completion of investment obligations

After passing the medical examination, you are required to invest $800,000 CAD (principal returned by the government after 5 years, no interest) or $240,000 CAD (lump sum payment without return) as required by the immigration authorities, and you are free to choose your investment method.

If the applicant's family meets the requirements of the medical examination and criminal record check, the family will be granted an immigrant visa.