2010 is known as the year of reform for overseas immigration. Countries with high success rates for investment immigration, such as Canada, Australia, and Singapore, have successively raised immigration thresholds and tightened immigration policies.
The first to change was Australia, followed by Canada and Singapore, with investment thresholds increasing from 250,000 Australian dollars to 400,000 Australian dollars, from 400,000 Canadian dollars (approximately 2.35 million RMB) to 800,000 Canadian dollars, and from 1.5 million Singapore dollars to 2.5 million Singapore dollars. At the same time, the requirements for immigration applicants regarding management experience, education, language, and assets have also become increasingly stringent.
The policy raises the stakes for applicants.
In order to submit applications before the policy takes effect, families interested in investment immigration have been tightening their "springs" in the last three months. Since July, there has been a "surge" in investment immigration, with the number of contracts signed increasing by 30% month-on-month and at least 100% year-on-year.
Firstly, the increase in investment thresholds is still within the range that the new wealthy class in China can bear; it just requires a psychological transition period. The dominant demand for immigration will not be affected by the increase in investment amounts. Secondly, some immigration countries have only raised the thresholds for one or a few programs, and there are still many immigration projects suitable for Chinese applicants. As long as we delve into the clients' conditions and accurately grasp the immigration policies of various countries, we can always find suitable immigration methods for applicants.
Immigration is a systematic project, and applicants value services more.
The increase in immigration policies in Australia, Canada, and Singapore has also prompted some applicants to shift their focus. Meanwhile, the rising tide of "price increases" has made the once "noble" U.S. EB-5 investment immigration project, which requires an investment of 500,000 U.S. dollars, seem less "expensive" amidst this wave of increases. Its relatively lenient application conditions, flexible asset source explanations, and convenient procedures (approval for a conditional green card can be obtained in about 10 months) with no residency requirements have contributed to the popularity of the U.S. EB-5 investment immigration project.
According to consultants from WorldWay Immigration, immigration is a systematic project. Many immigrant families do not pay much attention to the immigration process; they focus on issues such as their children's education, overseas development of enterprises, and global asset allocation for value preservation and appreciation. Obtaining an immigration visa is just the beginning of this great endeavor; comprehensive one-stop services are the inevitable trend in the development of the immigration intermediary industry.
