Canada’s current criteria for investors are the lowest in the world, and have not been changed since 1999. As a result the program draws a larger number of applicants than can be admitted every year under the immigration plan, and processing times are increasing. These proposed changes are designed to keep Canada’s investor program waiting times short.
On June 26, 2010, Canadian Immigration Minister Jason Kenney announced that the Government of Canada temporarily closed applications for the immigrant investor program. Effective June 26, 2010, the Government of Canada announced that it will cease accepting new investor applications. This said, any application postmarked or received before June 26, 2010 will be considered.
The Government has stated that it wishes to prevent a flood of applications from being submitted in advance of newly proposed eligibility criteria for the immigrant investor program. Proposed regulatory changes will require new investors to have a personal net worth of $1.6M, up from $800,000, and make an investment of $800,000, up from $400,000.
Canada’s current criteria for investors are the lowest in the world, and have not been changed since 1999. As a result the program draws a larger number of applicants than can be admitted every year under the immigration plan, and processing times are increasing. These proposed changes are designed to keep Canada’s investor program waiting times short.
“Canada needs investor immigrants,” said Minister Kenney. “These changes are necessary to keep Canada’s program competitive with that of other countries, and keep pace with the changing economy.”
 |
This is a superb post and may be one that ought to be followed up to see what the results are
A pal e mailed this link the other day and I’m eagerly looking your next blog post. Continue on the top class work.
thank you i appreciate it i hope u registered!
Found out your site via msn the other day and absolutely liked it so much. Carry on the truly amazing work.
thank you thank you hope u registered
Wonderful blog! I truly love how it? s easy on my eyes as well as the data are well written. I am wondering how I can be notified whenever a new post has been made. I have subscribed to your rss feed which need to do the trick! Have a nice day!
u could also register by clicking right here HERE OR HERE
Hello, this is a really fascinating web blog and ive loved reading several of the articles and posts contained upon the site, sustain the great work and hope to read a lot more exciting articles in the time to come.
how are you!This was a really excellent Topics!
I come from roma, I was fortunate to approach your theme in baidu
Also I learn much in your topic really thanks very much i will come daily
thanks hope you registered! http://spotcampus.com/blog/wp-login.php?action=register
Thank you very much for posting all of the excellent content! I am looking forward to checking out more.
thanks! that means a lot!