New Canadian investment immigration policy released: Canada now requires a minimum of 2 million CAD in venture capital for at least 15 years, compared to the previous 800,000 CAD in venture capital for 5 years. Both the investment amount and the investment duration have increased significantly. Furthermore, requirements for applicants to hold a college degree and possess fluent English or French skills have undoubtedly raised the threshold. This new program will begin accepting applications in late January of next year, and during the pilot phase, the immigration department will only approve 50 applications.
The significantly higher thresholds of the new Canadian immigration program impose severe restrictions on wealthy Chinese individuals, deterring many applicants. In contrast, U.S. investment immigration is becoming more popular among wealthy Chinese.
Comparative data on investment immigration across various countries fully demonstrates the immense superiority of U.S. investment immigration. Currently, Canada requires a minimum of 2 million CAD in venture capital for 15 years, the UK requires a minimum of 2 million GBP in financial investment, and Australia requires a minimum of 15 million AUD in financial investment. Meanwhile, obtaining the most valuable green card—U.S. investment immigration—currently requires only 500,000 USD. Comprehensive comparisons predict that the U.S. investment immigration market will become even hotter. In particular, signals of a price increase for U.S. investment immigration have become increasingly evident in recent years.
While a price increase is imminent, Worldway Group U.S. immigration experts also note that EB-5 applications are currently surging, with a severe backlog and the threat of visa retrogression looming. By the spring or summer of 2015, or even earlier, Chinese investors in the EB-5 program may officially enter an era of visa retrogression. Time is of the essence, and investors can no longer afford to hesitate. Making a decision before the price increase and the onset of retrogression may be the best window for investors to secure an EB-5 visa quota. To ensure a successful application and reduce processing time, choosing an EB-5 project already approved by the U.S. Citizenship and Immigration Services (USCIS) is the best choice.
Currently, the Pennsylvania Turnpike project, exclusively represented by Worldway Group, is an EB-5 project that has received credit ratings from three major international rating agencies and has already been approved by the USCIS. The Pennsylvania Turnpike project has two outstanding advantages: first, it is a 100% government project that has received actual I-924 project pre-approval from the USCIS; second, the borrower—the Pennsylvania Turnpike Commission—has long held an A+ credit rating. Now is the best time to seize the scarce quotas for the second phase of this project. For more details, please call: 400-138-2929.
