Canada is a highly developed capitalist country. Benefiting from abundant natural resources and highly advanced technology, it has become one of the countries with the highest quality of life, the most affluent society, and a highly developed economy in the world. As a primary destination for immigration, approximately how much does 2017 Canadian immigration cost?
The following are predicted changes to the 2017 Canadian immigration policy, provided for reference only:
1. The Canadian immigration authorities may continue to expand the scope of the Express Entry (EE) system, or link more Provincial Nominee Programs (PNP) to the EE system;
2. Addressing loopholes in the operation of the EE system (it is 99% certain that these loopholes need to be patched);
3. Amending/reopening the Canadian federal investment immigration policy to compete for talent against the U.S. EB-5 program, Australian investment immigration, and European property investment immigration programs.
Canadian immigration cost forecast:
Whether you spend the most or the least to immigrate to Canada depends on which province you choose to settle in, whether it is Quebec or Prince Edward Island. Canada has two investment immigration programs: the Quebec Immigrant Investor Program and the Prince Edward Island Provincial Nominee Program. Quebec is relatively more expensive, while Prince Edward Island is more accessible and requires significantly less capital.
The Quebec Immigrant Investor Program (QIIP) requires applicants to make an investment of $800,000, which will be returned to the investor after five years. Investors must also have a net worth of at least $1.6 million and possess experience in agriculture, industry, commerce, or management.
The Prince Edward Island Provincial Nominee Program (PNP) invites foreign nationals to immigrate as long as they have an investment in this smallest Canadian province. PNP applicants must invest at least $150,000 in P.E.I. and maintain at least one-third ownership of the company.
Investment immigration costs: After a successful investment immigration interview, a one-time non-refundable investment of approximately 700,000 RMB must be made to the immigration authorities.
Immigration is not something you can simply decide to do; it requires not only sufficient financial support but also the ability to seize the right opportunity! So, have you made up your mind about immigration?