Canada May Experience an 'Immigration Wave' in 2014

Canada May Experience an 'Immigration Wave' in 2014

Canada may experience an 'immigration wave' in 2014. The best immigration information is available on the Visatoun Investment Immigration official website.

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Recently, the Canadian federal immigration department announced its immigration quotas for next year, planning to accept 240,000-265,000 new immigrants, with economic immigrants accounting for 63%, setting a record high for the number of new immigrants accepted by Canada in history.

 

Since China was the largest source country for Canadian immigration last year, followed by the Philippines and India, some industry insiders were concerned about whether the immigration department would consider reducing immigrants of Chinese or Indian descent. However, according to the latest statements from relevant Canadian departments, immigration will not be selected based on the country of origin next year, which has dispelled the concerns of many families wishing to immigrate.

 

Currently, Canadian federal investment immigration regulations require applicants to have a net worth of at least 1.6 million Canadian dollars. Immigration experts state that the Canadian federal investment immigration program may officially restart on July 1, 2014. At that time, the application requirements will be significantly increased, namely: applicants will need to possess at least 4 million Canadian dollars in assets; they can choose to invest 2 million Canadian dollars, which will be returned without interest after five years, or they can choose a one-time investment of 500,000 Canadian dollars, which will not be returned.

 

The current policy requirements for applicant work experience are: applicants must have at least two years of corporate executive or business management experience within the last five years. According to entrepreneurs who have already immigrated to Canada, their invested industries are developing actively and healthily, so experts also predict that the new Canadian federal investment immigration policy may not make major adjustments to this.

 

2014 in Quebec will still be dominated by investment immigration. The quota for investment immigration has been relaxed, but the increase in investment amounts is an undeniable reality, and language requirements for applicants are also an unavoidable major trend for investment immigration. Immigration experts state that the 2013 Quebec investment immigration regulations set a global quota of only 1,750, and mainland China can only account for a maximum of 1,200 quotas, which must be decided by lottery."According to the previous situation of the Canadian Quebec investment immigration 'limited quota opening', the huge number of immigration applicants has already caused a situation where demand exceeds supply. Therefore, only by preparing fully in advance can one secure a quota.”

 

Canada's British Columbia (BC) province is the province where Vancouver is located. At the same time, Vancouver is the city most familiar to, most liked by, and most livable for Chinese people, and it is also the city with the largest Chinese population currently. Immigration experts state that the BC provincial business immigration program is different from other provincial immigration plans; after landing, applicants need to invest a minimum of 200,000 Canadian dollars to purchase or create a business, and can apply for permanent resident status after the business has been operating normally for one year. The characteristics of this project are that there are no language requirements, no requirements for submitting a security deposit, and the whole family can land in Canada in as little as about 9 months. This is a rare opportunity for those who do not have English proficiency and are in a hurry to go to Canada. At the same time, the biggest uniqueness of BC provincial immigration is that it allows senior executives in the enterprise to accompany the applicant to immigrate, with up to five families being able to immigrate together.

 

The Saskatchewan immigration bureau recently announced that it will reopen quotas and accept applications on January 2, 2014. The reform plan for the Saskatchewan 2014 immigration project is as follows: First, on January 2, 2014, applications will be accepted according to new application and processing standards, and all previous applications will be processed according to the old requirements. Since the submission quota for the 2013 entrepreneur category was used up on June 12, 2013, subsequent applicants must wait until after January 2, 2014, to apply. Second, starting from January 2, 2014, all Saskatchewan applications will be processed through an online system. However, whether the application conditions will change, whether the quota for the entrepreneur provincial nomination will increase, and the submission format have not yet been announced. It is reported that the quota for the 2014 Saskatchewan Nominee Program will increase from 4,450 in 2013 to 4,725.

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