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Category Archives: Canada Business Immigration

November 14, 2023

“Challenges for Many Indian Investors in Meeting Eligibility for Quebec’s Business Immigration Program to Canada IN 2024”

** Quebec Immigrant Investor Program (QIIP) Reopens in 2024**

In a significant development, the Government of Quebec has unveiled the final version of its updated immigration regulations, marking the reopening of the Quebec Immigrant Investor Program (QIIP) from January 1, 2024. This announcement is a positive stride forward, bringing fresh possibilities for prospective immigrants.

**Unique Business Immigration Program: QIIP’s Distinctive Features**

What sets the QIIP apart is its distinctive approach within the Canadian immigration landscape. Unlike other business immigration programs in the country, the QIIP does not mandate applicants to establish or purchase a business, employ Canadians, or invest their capital at risk. It stands out as the only passive investment business immigration program in Canada, offering an alternative route for those seeking immigration through investment.

**Eligibility Criteria for QIIP Applicants: Key Requirements**

To qualify for the QIIP, applicants must meet specific criteria:

1. **Management Experience:** Possess a minimum of 2 years of management experience acquired in the 5 years preceding the application.
2. **Net Worth:** Hold a legally accumulated net worth of CAD$2,000,000.
3. **Education:** Complete studies equivalent to secondary education in Quebec.
4. **Language Proficiency:** Demonstrate proficiency in the French language at an intermediate level (B2, Level 7).
5. **Financial Commitment:** Within 120 days of approval, make a CAD$200,000 contribution to the Government and a fully guaranteed CAD$1,000,000 five-year investment in a Government bond (financing available).
6. **Residency Requirement:** Obtain a three-year work permit and, within 2 years of permit issuance, meet the 12-month residency requirement – six months by the principal applicant and another six months by either the principal applicant or spouse.

**Next Steps: What to Expect in the Coming Weeks**

In the upcoming weeks, more information about the procedural aspects of the program is expected to be revealed by the government. We are committed to keeping you informed and will share updates as they become available.

**Promising Admission Targets for 2024: Clearing the Backlog**

Additionally, the government has announced admission targets for the upcoming year. In 2024, it plans to admit up to 7,900 individuals in the Quebec business categories, representing an 83% increase compared to the projections for 2023. This substantial increase is expected to expedite the processing of QIIP applications currently in the backlog with IRCC.

**Get in Touch: Your Questions Answered**

Should you have any queries about the QIIP or have clients expressing interest, we encourage you to reach out to us.

The author of this article is Mr. Prashant Ajmera, an Indian immigration lawyer and Canadian citizen. He is the founder of Ajmera Law Group and the author of two books, “Millionaires On The Book” and “How to Plan for Your Child’s Foreign Education.” Over the past 30 years, he has assisted and advised over 30,000 students and families on planning their foreign education and settlement. He regularly speaks at various forums on this subject.

Ajmera Law Group: Mo: +91 9974253030 | info@ajmeralaw.com | www.ajmeralaw.com

 

October 16, 2023

Canada, one of the friendliest and most picturesque countries in the world, welcomes immigrants from every corner of the world. For some, Canada is their dream destination to pursue higher education, and for most, it is their dream to become a Canadian citizen.

The country offers multiple paths to residency and eventual citizenship, with benefits from education to healthcare, employment opportunities, and voting rights. It doesn’t matter whether you wish to settle in Canada or are already residing and planning to take a step further; this blog will take you through the benefits of Canadian citizenship, which are the reasons you should opt for Canada citizenship by investment or the other available options. So, keep reading!

What are the Benefits of Canadian citizenship?

Canadian citizenship offers multiple benefits that help increase the residents’ life quality. Out of numerous advantages, some of the most important ones are;

  • Right to Vote

The citizens of Canada can vote in provincial, municipal, and federal elections, which allows them to contribute to shaping the future of their country, community, and economy.

For citizens of any country, the right to vote is one of the most important rights. It makes them feel at ease and ensures that the government is considering their interests and voices.

  • Right to Government and High-Security Job

Many government jobs in Canada require security clearance, which is typically limited to Canadian citizens. Additionally, internships for government positions during and after studying are often available exclusively to Canadian citizens.

  • Freedom to Travel

According to the VisaGuide Passport Index, the Canadian passport holds the 40th position globally as of October 2023, which means that holders of Canadian passports can travel to as many as 148 countries without a visa or with the facility of visa on arrival. This powerful passport allows access to countries/territories like the USA, UK, New Zealand, Qatar, France, Australia, and more.

  • Working holiday visa for your young Canadians

Canada offers a “Working Holiday” program for young Canadian citizens, allowing them to travel and work in certain countries such as the UK, Europe, Australia, New Zealand etc.  typically for up to 12 or 24 months. The Working Holiday program aims to promote cultural exchange and provide young Canadians with the opportunity to gain international work experience.

  • Special professional and business visa to USA

Canadian citizens do not require a visa to enter the United States for tourism or business purposes, thanks to the U.S.-Canada Agreement. There are certain visa classes available exclusively to Canadian citizens due to special agreements with the U.S. government under USMCA and NAFTA. These include the TN visa for Canadian professionals and E-1 (Treaty Trader) and E-2 (Treaty Investor) visas. Additionally, Canadian citizens can hold dual citizenship in both the USA and Canada.

  • World-class Education at 80% Fees

Canada enjoys a global reputation for the excellence of its education, drawing hundreds of thousands of international students annually for their higher education. In addition, the government offers its citizens abundant funding and scholarship opportunities, along with significant tuition fee reductions of up to 80% for university education and free education from grades 1 to 12.

  • Security and safety

Canada is one of the safest countries across the globe. It is known for a stable political climate, minimum crime rates, social justice, and, most importantly, for providing a secure and safe environment to everybody in the country. It is not surprising that Canada has consistently maintained its top positions in various reports as one of the best countries to live in.

This is one of the major factors to look for when planning to settle in any country, as it increases the standard of living and ensures the safety of loved ones.

  • Easy & Free Access to Healthcare

The country has several public healthcare-funded systems allowing citizens to access subsidized or free healthcare easily. It ensures the people of the country can get necessary medical attention without worrying about their financial hardships. It also displays the country’s commitment to its citizen’s health.

The Takeaway!

Canada, as a country, offers a pool of benefits to its citizens. It is also a land of opportunity for internationals looking forward to settling in the country. So, if you wish to enjoy the country’s beauty, people, nature, and opportunities, contact a Canada investor visa consultant or a consultancy that shows you the correct path to obtaining Canadian citizenship.

June 15, 2023

A work permit issued under Sec 205 (a) of the IRPA rules known as a significant benefit to Canada work permit is a temporary work permit that allows foreign entrepreneurs and self-employed individuals to work in Canada without having to obtain a Labour Market Impact Assessment (LMIA).

This work permit is designed to attract entrepreneurs and self-employed individuals who can make a significant contribution to the Canadian economy.

To be eligible for the work permit, you must meet the following requirements:

  • You must be a citizen of a country that is eligible for the work permit program.
  • You must have a valid passport and visa if required.
  • You must have a business plan that demonstrates that you have the skills, experience, and resources to start or operate a successful business in Canada.
  • You must have enough money to support yourself and your family while you are in Canada.

If you are eligible for this work permit, you can apply for one through the Immigration, Refugees, and Citizenship Canada (IRCC) website. The application process typically takes several months.

Once you have been granted a work permit, you can live and work in Canada for up to two years. You can also apply to extend your work permit for additional two-year periods, as long as you continue to meet the requirements of the program.

If you are successful in establishing a successful business in Canada, you may be eligible to apply for permanent residence through the Self-Employed Immigrant Program (SEIP). The SEIP is a points-based immigration program that assesses applicants on factors such as their business experience, education, language skills, and ability to contribute to the Canadian economy or under Canada express entry program.

This work permit is a great opportunity for entrepreneurs and self-employed individuals who want to start or operate a business in Canada. If you have the skills, experience, and resources to succeed, this work permit can help you make your dream a reality.

Here are some of the benefits of obtaining a work permit:

  • You can live and work in Canada for up to two years.
  • You can extend your work permit for additional two-year periods, as long as you continue to meet the requirements of the program.
  • You may be eligible to apply for permanent residence through the Self-Employed Immigrant Program (SEIP) or Express Entry Program.
  • You can gain valuable experience working in a Canadian business environment.
  • You can network with other entrepreneurs and business leaders in Canada.
  • You can build a strong foundation for your future business in Canada.

If you are considering applying for this work permit, here are some of the things you need to do:

  • Research the Canadian business environment.
  • Develop a business plan that demonstrates your skills, experience, and resources.
  • Gather evidence of your financial support.
  • Apply for this work permit through the IRCC website.
  • Prepare for an interview with an IRCC officer.

This work permit is a great way to start or operate a business in Canada. If you are an entrepreneur or self-employed individual, I encourage you to explore this option and other options.

The author of this article/blog is Prashant Ajmera, an Indian immigration lawyer and the founder of Ajmera Law Group. He has been a Canadian citizen for the past 30 years and is also the author of two books: “Millionaire of the Move” and “How to Plan for Your Child’s Foreign Education: Myth vs. Reality”.  He has been assisting and advising Indian businessmen to establish businesses in Canada since 1993.  Consult us

May 9, 2023

Typically, if you want to work in Canada, you need to find a Canadian employer who can offer you a job that matches your education and work experience. The employer then needs to apply to the Canadian government for approval, which involves a Labor Market Impact Analysis (LMIA). This LMIA approval allows you to apply for a work permit in Canada.

However, there are some job offers or job categories exempt from the LMIA requirement. This means you can start working for a Canadian employer or even start your own business and work for yourself, which can eventually qualify you for immigration to Canada under the Canada Experience Class.

Following are three categories of workers or professionals or businesspeople who can work or start businesses in Canada without LMIA and without IELTS. This category is different from the Canada PNP business immigration program and the Canada Start-Up Visa program.

1. Significant Benefit to Canada: If you can demonstrate that the job offer presented to you will bring substantial economic, cultural, or social benefits to Canada in your work permit application to the Canadian government, you and the Canadian company are exempt from obtaining LMIA. This type of work permit is known as a C-10 work permit, and you may begin working for the Canadian company as soon as your application is approved.

2. Entrepreneur and Self-employed person: This class has two subcategories. The first is for those who seek temporary entry, typically for seasonal purposes, to operate their existing business, often self-employed individuals. The second is for those who want to start or run a business to meet the requirements for provincial nomination or selection as an entrepreneur, including Quebec, or for the federal Start-up Business Class.

The International Mobility Program (IMP) created this Work Permit, enabling foreign entrepreneurs and investors to obtain a work permit in Canada as self-employed individuals. The initial work permit is typically valid for two years and can be renewed multiple times, provided that the business in Canada remains active and profitable. Self-employed entrepreneurs and business owners operating under this work permit may eventually qualify for permanent residency in Canada. This is also referred to as a C-11 work permit.

3. Intra-company Transfer: (similar to USA L1 A & B Visa): The Canada C-12 work permit, also known as the intra-company category, enables international companies to temporarily relocate skilled employees to Canada to enhance management effectiveness, expand Canadian exports, and improve competitiveness in foreign markets.

To be eligible for a work permit under this category, intra-company transferees must meet certain requirements. Firstly, they must be currently employed by a foreign or Indian company and seeking to work in a parent, subsidiary, branch, or affiliate of that company in Canada. Secondly, they must be transferred to a position in an executive, senior managerial, or specialized knowledge capacity. Lastly, they must have been continuously employed by a foreign or Indian company that intends to transfer them to Canada in a similar full-time position.

Each of these immigration categories requires extensive documentation, including a detailed and realistic business plan, market research, and evidence of the applicant’s education, relevant experience, and English language proficiency. If you are a successful businessman in India and wish to expand your business in Canada, one of these categories could be ideal for you to move to Canada immediately and eventually obtain permanent residency.

Obtaining permanent residency in Canada could also result in an 80% reduction in university education fees for your children and the opportunity to apply for Canadian citizenship after two years of permanent residency. Canadian citizenship may also allow you to apply for E1 and E2 business visas for the United States.

The author of this article/blog is Prashant Ajmera, an Indian immigration lawyer and the founder of Ajmera Law Group. He has been a Canadian citizen for the past 30 years and is also the author of two books: “Millionaire of the Move” and “How to Plan for Your Child’s Foreign Education: Myth vs. Reality”.  He has been assisting and advising Indian businessmen to establish businesses in Canada since 1993.  Consult us

 

September 19, 2022

Are you planning to start your immigration process to Canada? Then this blog is for you.

A large number of Indian citizens are looking for permanent residence and eventually citizenship of Canada as living there entails many benefits. The first and foremost benefit is greater employment opportunities.

Canada also offers a high quality of life and free universal healthcare to its residents. This is what attracts immigrants to Canada from all over the world. Additionally, the country has one of the lowest crime rates in the world. It is country with one of the most abundant natural resources and natural scenery.

For its economic growth, the Canadian government is actively looking to attract foreign workers as well as investors.

Canada is the first country in the world to introduce a business immigration program and has always remained at the forefront in attracting entrepreneurs, investors and new talent globally. The country and its provinces offer many different investment programs through which one can obtain permanent residency. Whatever program one chooses, one is obliged to go through the necessary immigration process. So, let’s start with the mistakes one must avoid before and during the application process.

1. Business exploratory trip:

Before applying for residency of Canada under any business immigration program, it is advisable to undertake a business exploratory trip to explore the business opportunities. To visit Canada, obtaining a visitor visa becomes necessary. Before submitting a visitor visa application of Canada, it is important to ensure that all details in the application are consistent with all your facts and documents. Incorrect or inconsistent information in the visitor visa application can create problems for future business immigration application.

2. Language test:

Applying for a Canada business immigration visa or start-up visa requires a minimum score of 5 bands in IELTS. It is important to have this minimum score before applying for any business immigration program of Canada. Adverts that proclaim that they can help you obtain residency of Canada with an IELTS score of less than 5 bands are misleading and nothing more than a scam to entice vulnerable customers.

3. Related business:

Ensure that the business you plan to start (if it is a new business) or buy (if it is an existing business) in Canada is related to the business you are already operating and managing in your home country. We meet many clients who are in the real estate development business in India but wish to open a retail business in Canada. This can cause many difficulties in obtaining approval from Canadian government authorities.

4. Investment amount:

The basic investment requirement for Canada under many of its business immigration programs is between CD$ 100,000 to CD$ 200,000. However, most Indian business persons presume that just by investing this requisite amount they can obtain permanent residence of Canada. This is not true. This investment amount is just one of the many requirements. In addition to the investment, the business activity you wish to pursue in Canada must meet the Canadian government’s guidelines.

5. Investing in a business owned by family or friends:

There is a large Indian community in Canada and many Indian business persons feel comfortable in making an investment in their relatives’ or friends’ businesses. They feel this will ensure the safety and security of their investment. As such there is no bar to such an investment. However, our experience shows that such applications (where investment is in a relative’s/friend’s business) are scrutinized very closely because the government wants to ensure that the investment made is a real and not just a ploy to obtain immigration of Canada.

6. Not looking for proper guidance:

Many businesspersons prefer to complete the immigration application process themselves. But looking at the complexity of the process, it is recommended that applicants consult a qualified and experienced immigration lawyer for guidance. The paperwork involved is so complex and plentiful that only with the help of an experienced and knowledgeable lawyer can success be ensured.

Conclusion

Canada has been voted one of the best countries to live in year after year. If you wish to immigrate to Canada under one of its business immigration programs, it is advisable that you avoid the mistakes mentioned above. It is strongly recommended that you consult a qualified lawyer specializing in Canadian immigration to ease the process. Our law firm can help you every step of the way to ensure success.

August 21, 2018

Canada immigration for H1B visa holder, L1 visa holder and other visa class having temporary status in USA

Is your child, relative or friend facing a problem with H1B visa, L1 visa or any other visa in USA?

No worries. They can now breathe easy knowing that there are several options available to them to acquire legal status in USA. If they wish to move out of USA, they can also choose from more than 20 other countries around the world. This short video will give them all possible options:

  1. USA EB-5 investor program:
  • Make an investment of 1,000,000 US$ in a new business and create 10 jobs or
  • Make an investment of 500,000 US$ in a new business and create 10 jobs provided this business is in a TEA area or high unemployment area.
  • Investment can be in form of Debt /Loan, Equity or fund.

Good projects can secure:

-your principal amount

-a good return and

– processing time is as short as 3 months to 13 months for the first I-526 petition approval.

  1. Canada skilled worker immigration:

You can qualify under this program if you have –

  • A Master’s degree
  • Minimum of 3 years of work experience
  • Are preferably under the age of 35 years or better still, under 29 years of ageand
  • Have an IELTS score of 8 in listening and 7 in each of the other three categories
  1. Start Up immigrant visa of Canada:

You can qualify for this visa if you have started a company that can be –

  • Incubated by Canada Government approved incubators or
  • If angel investors make an investment of 75,000 CD$ in your company or
  • If a VC makes an investment of 200,000 CD$ in your company
  • And if you have the required IELTS score and post-secondary education
  1. There are 10 different business immigration programs of Canada:

In general, you need to fulfil the following basic criteria for all of them –

  • Possess net assets of 500,000 CD$ and above
  • Have 2 to 3 years of business experience or senior executive experience
  • Have a viable business plan to start a new business, purchase an existing business or enter into a joint venture with another company
  • Have an IELTS score of at least 5 band in each category
  1. UK Tire 1 immigration:

To qualify under this program you need to have –

  • Net assets of 200,000 pounds or more
  • IELTS band of 4 to 5 in each category
  • A viable business plan which will create 2 jobs
  1. Citizenship of Malta (EU member country):

If you wish to obtain the citizenship (passport) of Malta, a European Union member, you will need to –

  • Make a donation of €650,000
  • Purchase bonds of €150,000
  • Purchase a residenceworth€350,000 or rent a residence worth€16,000 per year

Children under 26 years and parents can be included under this program

  1. Residency of Malta:

If you wish to obtain the residency of Malta, you will need to –

  • Make a contribution of €30,000
  • Purchase bonds of €250,000
  • Purchase a residence worth€270,000 or rent a residence worth€10,000 per year

Children under 26 years of age and parents can be included under this program

  1. Citizenship of Cyprus (EU member country):

If you wish to obtain citizenship of Cyrpus, an EU member country, you will need to-

  • Purchase real estate/property worth€0 to 2.5 million
  • Permanently maintain a residential property of €500,000 (you can sell other assets after 3 years)

Children under 25 years and parents can be included under this program. There are no language, minimum age and education requirements

  1. Residency of Cyprus:

If you wish to obtain the residency of Cyprus, you will need to –

  • Purchase real estate/property worth €300,000
  • Make a bank deposit of €30,000
  • The applicant must provide proof of secured annual income of at least €30,000 outside of Cyprus. This income must increase by €5,000 for every additional child and €8,000 for each dependent parent.

Children under 25 years of age and parents can be included under this program. There are no language, minimum age and education requirements

  1. Residency of Greece (EU member country):

If you wish to obtain residency of Greece, you will need to –

  • Purchase real estate worth €250,000 or more

Children under 21of age and parents included can be included under this program. There are no language, minimum age and education requirements. Under this program, applicants cannot work for someone but can operate their own business.Applicants can apply for Greek citizenship after 7 years

  1. Residency of Portugal(EU member country):

If you wish to obtain residency of Portugal, you will need to –

  • Purchase real estate worth €500,000 or more (lesser amount investment possible)

Children under 18years of age and parents can be included under this program. There are no language, minimum age and education requirements. Applicant can work as well as operate their own business

  1. Residency of Spain ((EU member country):

If you wish to obtain residency of Spain, you will need to –

  • Purchase real estate worth €500,000 or more

Children under 18 years of age and parents can be included under this program. There are no language, minimum age and education requirements. Applicant can work as well as operate their own business. Medical insurance is required.

  1. Second passport of Europe – Bulgarian Citizenship (EU member country):

If you wish to obtain a second passport and easy access to European markets, you can opt for Bulgarian citizenship. To qualify, you will need to –

  • Invest €500,000 for Permanent Residence in government bonds
  • Invest €1 million for Citizenship in government bonds

Loans are available for making the required investment. Upon approval, applicants can live, work, operate a business and study for free/with reduced fee in any member EU country.

  1. Citizenship of Dominica in 3 months:

If you wish to obtain citizenship of another country in a short period of time in a hassle-free manner, you can apply under Dominica’s Citizenship & residency Program. To qualify, you will need to –

  • Make a donation of $100,000 US or more OR
  • Make aninvestment in real estate of $200,000 US or more for 3 years

Children under the age of 30 years, parents above 55 years of age &grandparents can be included under this program. There is no taxation on income earned abroad and one can obtain NRI Status plus visa free travel to more than 120 countries around the world. Easy access to medical schools in USA for children

  1. Citizenship of Grenada in 3 months:

If you wish to obtain citizenship of another country in a short period of time, you can apply under Grenada’s Citizenship & residency Program. To qualify, you will need to –

  • Make a donation of $200,000 US or more OR
  • Make an investment in real estate of $350,000 or more for at least 5 years

Children under the age of 29 years and parents above 55 years of age can be included in the application. There is no taxation on income earned outside of Grenada and one can obtain NRI Status plus visa free travel to more than 120 countries around the world. Easy access to medical schools in USA for children and E2 Business visa of USA.

  1. Citizenship of St Kitts and Nevis in 2 months:

If you wish to obtain citizenship of another country in a short period of time, you can apply under for citizenship of St Kitts & Nevis. To qualify, you will need to –

  • Make an investment of at least $400,000 US in one of the approved real-estate developments OR
  • Make a donation of $250,000 US to the Sugar Industry Diversification Foundation (SIDF, a public charity)

Children under the age of 30 years and parents above 55 years of age can be included in the application. There is no taxation on income earned outside of the island country and one can obtain NRI Status plus visa free travel to more than 150 countries around the world. As a Commonwealth citizen, applicant receives certain preferential treatment in the United Kingdom. Two or more applicants may apply for citizenship together by purchasing one piece of real estate.

  1. Citizenship of Antigua & Barbuda in 3 months:

You can obtain second citizenship or a second passport of this beautiful island nation within a short period of time. To qualify, you will need to –

  • Make a contribution to the National Development Fund of at least $100,000 US OR
  • Make an investment in designated, officially approved real estate with a value of at least $400,000 US OR
  • Make an investment in an approved business of at least $1,500,000 US

Dependent children and dependent parents over 65 years of age can be included under this program. There is no minimum net worth requirements or previous business experience needed. Visa free travel to more than 135 countries around the world.  No taxation on income earned outside of St Kitts & Nevis

  1. Citizenship of St Lucia in 3 months:

You can obtain second citizenship or a second passport of this beautiful island within three months. To qualify, applicant will have to –

  • Choose from four options which range from an investment amount of $100,000 US to $3,500,000 US. These four options are –
  • Saint Lucia National Economic Fund
  • Real Estate Projects
  • Enterprise Projects
  • Government Bonds

Dependent children under 25 years of age, dependent parents above 65 years and mentally or physically challenged dependent children and/or parents can be included under this program. Visa-free travel to over 120 countries around the world. No taxation on income earned outside of StLucia. Under the Enterprise Project option, two or more applicant can make a minimum investment of $6,000,000 US, with each applicant contributing no less than US$1,000,000.

  1. Business Immigration to New Zealand:

You can apply for conditional business residency of New Zealand. To qualify you need to –

  • Invest $100, 000 NZ in capital investment and run a business for 2 years OR
  • Invest $500,000 NZ in capital investment and run a business for 6 months
  • Have a business plan that will help NZ economy
  • Be fluent in English and serious businessmen only

After obtaining a business permit, applicant can apply for Permanent Residence of New Zealand after 3 years.

  1. Investment immigration to New Zealand – $3 million:

You can apply for direct PR of New Zealand through investment. To qualify, you will need to

  • Have $3million NZ in available assets
  • Invest $2.5million NZ in real estate
  • Have 3 years of business/management experience
  • Have basic English skills (IELTS 3 band or equivalent)
  • Be under 65 years of age 
  1. Investment immigration to New Zealand – $10 million

You can apply for direct PR of New Zealand through investment. The highlights of this program are –

  • Must have $10million in available assets
  • There is no age requirement
  • Can invest in a variety of assets class
  • No minimum residency requirements
  1. Business Immigration to Australia – Business Visa Class (188A):

You can apply for temporary PR of Australia. To qualify, you will need to –

  • Have a business turnover of $500,000 AU and 30% (private company) or 10% (private limited company) ownership
  • Have net assets of $800,000 AU
  • Have a business turnover of $300,000 AU in Australia
  • Manage a business in Australia for 2 years
  1. Business Immigration to Australia – Investor Visa Class (188B):

You can apply for temporary PR of Australia. To qualify, you will need to –

  • Have net assets of $2.25 million AU
  • Own and manage a business of $1.5 million AU
  • Invest 1.5 million AU in governmentbonds

If you keep your investment for 4 years and have minimum residency for 2 years, you can be eligible for permanent PR and citizenship after 5 years.

  1. Business Immigration to Australia – Significant Investor Class (188C):

You can apply for temporary PR of Australia. To qualify, you will need to –

  • Invest $5million AU in Australia (various options available)
  • Stay 160 days in 4 years in Australia to get permanent PR
  • No age limit
  1. Business Immigration to Australia – Business Talent – Significant Business History (132A):

You can apply for direct PR of Australia. To qualify, you will need to –

  • Own & manage a business with a turnover of $3 million AU
  • Have ownership of 30% (private) or 10% (public) in the company
  • Have net assets of $1.5 million AU that can be transferred to Australia
  • Invest$400,000 AU in Australia
December 26, 2017

Immigration to Canada – New plan announced in November 2017

Canada has long history of taking immigrants from all over the world in last 25 years and this has become more obvious when government of Canada announced their next three years pan for taking total number of new immigrants.
As per latest plan in the year 2018 -2010 government wish to except 310,000, 330,00 and 340,000.

This is equivalent to 1.3% of the total population of Canada. In the past government has accepted 1% of the total population and total number of immigrant was less than 300,000.

Here is the data for several categories:

201820192020Total  

% Increase

Economic ProgramsRangeTargetRangeTargetRange
Express Entry, Skill and Canada Exp. class71,70072,700-78,20074,90076,000- 83,00081,40081,000-88,000+19.66%
Atlantic Pilot Program2,000500- 2,0001,0001,000-4,0002,0002,000-4,000+100%
Caregivers18,00015,000-20,00017,0009,500-15,50014,0004,000-7,000-72.22%
Business500500-1,000700500-1,500700500-1,500+40%
Provincial Nominee Programs51,00053,000-57,40055,00057,000-63,50061,00062,000-68,500+32.94%
Quebec Skilled Worker Program and Quebec Business29,30027,900-29,90028,90031,500-33,50032,50031,500- 33,500+10.92%
All Economic Programs172,500 169,600– 188,500177,500175,500201,000191,600181,000-202,500+13.51

 

This rise in total immigration number is clear indication that Canadian Government wish to attract more immigrants. However from overall interest from all the countries in recent years many prospective immigrant may find immigration to Canada rules difficult. However due to high demand of Canada immigration bar is raised higher and higher.

On the other hand one may also realise that compare to Australia and New Zealand, Canada is accepting 5 times more immigrants per years only after USA.

Are you interested in immigrating to Canada just email us your detail and will be happy to advise you for your chances for immigration to Canada. Email: prashant@ajmeralaw.com