As a traditional major immigration destination, Canada attracts a large number of immigrants every year due to its generous social welfare benefits, excellent living environment, top-tier educational resources, and diverse, inclusive culture.
It is reported that since the Liberal Party of Canada took office, the number of immigrants admitted in 2016 rose to 305,000, and this trend has continued through 2017-2018. Previously, Canadian Minister of Immigration, Refugees and Citizenship Ahmed Hussen revealed that Canada's immigration quota for 2018 would increase to at least 300,000.
The Canadian Minister of Immigration also stated that new immigrants will continue to be an important part of the country's economy in the future, indicating that economic-class immigrants will remain the primary focus.
In addition, the Trudeau government's Advisory Council on Economic Growth has also stated that if Canada does not address its demographic issues quickly in the 21st century, it will sooner or later be left far behind by the global economy.
Judging from the attitudes of the Canadian Minister of Immigration and the Trudeau government, Canada's policy of accelerating the introduction of foreign immigrants may continue. Furthermore, the vast majority of provinces in Canada have introduced corresponding favorable immigration policies. Taking the Saskatchewan Immigrant Nominee Program (SINP) as an example, it features low investment amounts, a high success rate for applications, and low investment thresholds. Moreover, the scores for its Expression of Interest (EOI) selection system have dropped significantly this year, with increasingly lower requirements for investors' education and language proficiency, which is definitely a major benefit for investors.
In March 2017, the minimum EOI score dropped sharply from the previous 120 points to 95 points. Two months later, in May 2017, it dropped again to 80 points, which is 40 points lower than the previous minimum of 120 points. As a result, the Saskatchewan Immigrant Nominee Program has seen a surge in applications, with the number of selected candidates soaring from 14 to 142, a significant 10-fold increase.
With the arrival of a new era for Chinese capital going global, seeking more rational global asset allocation has become the mainstream choice for Chinese citizens to hedge against RMB exchange rate fluctuations and slow global economic growth. Currently, Canada's international competitive advantage is obvious. Coupled with Canada's open immigration policy and inclusive attitude toward welcoming new immigrants, now is the right time to invest and immigrate to Canada.
As one of the Top 500 Asian Brands in the immigration industry, WorldWay Group has been focusing on overseas investment for 20 years and has pioneered many industry-leading practices. With the philosophy of "Service First, Integrity-Based Management," WorldWay carefully selects projects and provides professional services to clients, with successful cases all over the world. As a leader in the immigration industry, WorldWay Group possesses a professional project team and document team, and has established a branch in Canada. By collaborating with powerful Canadian institutions, these three forces join together to safeguard the immigration journey for investors!
Currently, WorldWay has launched several high-quality projects, including the low-threshold Saskatchewan Immigrant Nominee Program, the Quebec Immigrant Investor Program which provides a direct path to permanent residency (Maple Leaf Card), the Manitoba Provincial Nominee Program, and the Prince Edward Island Provincial Nominee Program, helping more investors establish a second home overseas. For details, please call: 400-138-2929.