Recently, an authoritative institution in Canada published an analytical report on the immigration industry, which not only predicts the overall policy and direction of Canadian immigration in 2018 but also cites the latest statements from Canada's Immigration Minister in foreign media interviews. Various signs indicate that 2018 will once again bring significant advantages in Canada's immigration policy!
Old cases without pressure and a dramatic increase in new quotas
The report shows that in the first half of 2017, a total of 51,285 people were invited, which is three times that of the first half of 2016.
Additionally, the old cases that had accumulated before the implementation of the Express Entry in January 2015 have now been mostly reviewed and will not occupy a large number of quotas.
Canada's immigration quota will increase in 2018
The report also indicates that although the specific number of immigration quotas for 2018 has not yet been announced, Immigration Minister Ahmed Hussen recently revealed that it should be at least 300,000 people, and it is likely to exceed this year's quota.
The Minister also stated that immigrants will continue to be an important part of the economy of this country in the future, indicating that the proportion of economic immigrants will still be predominant.
Immigration remains a fundamental national policy of Canada
Previously, the Advisory Council for Economic Growth of the Trudeau government also unanimously believed that if Canada does not quickly address its population issues in the 21st century, it will inevitably be left far behind in the global economy. Therefore, it seems that for the next several decades, immigration will remain a fundamental national policy of Canada.
In the past two years, in order to attract more outstanding international students to stay in Canada after graduation and attract more overseas investors to come to Canada for investment, the vast majority of provinces in Canada have implemented corresponding favorable policies, all focused on attracting and retaining more immigrants in Canada.
Immigrating to Canada for overseas asset allocation
As a long-established immigration country, Canada has always been favored by immigrants for its developed economy, generous natural and social welfare, and relaxed living environment. According to the United Nations' assessments, Canada has been ranked as one of the most habitable countries in the world for several consecutive years.
Currently, the RMB exchange rate is expected to remain weak, coupled with the implementation of the China's version of CRS, overseas asset allocation has become a top priority for high-net-worth individuals to avoid risks. Immigration investment, as a precursor to overseas investment, has always been the mainstream choice for personal overseas investment.
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